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GHS Represented a
Confidential Client in Lease
with Landlord Healthcare
Realty Trust
Leased SF:
57,510
Total Lease Value:
$9,026,040
Lease Sign Date:
5/13/2020
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| COVID-19 Healthcare Real Estate Update |
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After Patient Volume Collapsed Amid The Coronavirus Pandemic, Some See Signs Of Recovery
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While hospitals across the country experienced over 50% declines in patient volumes amidst the COVID-19 crisis, there are now signs of recovery. Hospitals are beginning to perform elective procedures again, while navigating new obstacles such as patient precautions and scheduling challenges, as we move into the "new normal"-the definition of which is changing rapidly.
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$273.3M in MOB Transactions Closed in April 2020
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Thirty-eight medical office buildings transactions closed in the month of April, totaling $273.3 million and 1.5 million square feet. California had the most medical office building transactions with six (15.8% of total).
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Most Consumers Have Changed Healthcare Usage Since COVID-19 Pandemic, Survey Shows
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April 2020 M&A Spotlight: Central Texas Medical Center Acquired
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Commentary by: Eric Murphy, Managing Director, Global Healthcare Services
Central Texas Medical Center, a subsidiary of AdventHealth, was acquired by CHRISTUS Health on April 1, 2020. Central Texas Medical Center provides cardiac, lab, emergency and trauma services for the San Marcos, TX community. The acquisition further strengthens CHRISTUS' presence in this region.
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Todd Perman, CCIM
Vice Chairman
Global Healthcare Services
404.806.2511
212.850.5453
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Global Healthcare Services
Newmark Knight Frank
3424 Peachtree Road
Suite 800
Atlanta, GA 30326
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All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark Knight Frank has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark Knight Frank. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark Knight Frank, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.
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