NEWMARK KNIGHT FRANK

January 2014

Looking Back on 2013, NKF’s Global Healthcare Services Team Reviews Top 10 Trends in the Industry
  • Significant M&A activity between hospitals and providers

  • “Deconstruction of the Hospital” moving from inpatient to outpatient “off campus”

  • New development of “Super Clinics” anticipating 32 million new patients

  • Emphasis on community-based urgent care rather than emergency room

  • LEED certifications – incorporation of Lean architecture principles to create efficiencies and maximize patient “throughput”

Keep an eye out for the 2014 Healthcare Real Estate Outlook.

Changes in Healthcare Delivery Drive New Real Estate Demand by Simone Development Construction - NY

Healthcare in the US is entering a brave new world where rapid change is the norm. Older hospitals have become obsolete physically and operationally, and many have become distressed to the point of bankruptcy. Moreover, populations have shifted away from centralized hospitals, most of which were built shortly after World War II. At the same time, demographic and political trends are creating tremendous pressure on the healthcare system by sharply increasing the overall need for medical care.

MOBs: Systems for Growth

As medicine moves out of the inpatient setting and into the outpatient setting, everything from minor surgical procedures to ambulatory care will need to be supported in a medical office building (MOB). The mechanical, electrical, and plumbing (MEP) challenge of this new model is to design MOBs with enough flexibility to anticipate future growth and change, right from day one.

There are two building methods employed to ensure future flexibility in today’s MOBs: the full core, shell, and interiors build-out and the infrastructure-ready facility.

NKF Global Healthcare Services Welcomes Chris Gordon to the Team as Senior Managing Director

Global Healthcare Services (GHS) welcomes Chris Gordon as senior managing director for Texas and the South Central U.S. A healthcare real estate professional with strong investment, capital markets and operational experience, Mr. Gordon will work with the GHS team to deliver investment sales, capital market, valuation advisory, cost reduction, development strategy and asset management services to NKF’s healthcare clients in this region. His hospital clients include St. Vincent Health, an Ascension Health ministry; Adventist Healthcare; Tenet Hospitals; and HCA.

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2017 Healthcare Real Estate Outlook