Developing and Leasing

Medical Office Buildings & Lab Healthcare Facilities

Profiting on Unprecedented Growth Partnering for Success Controlling Risks

Thursday, March 29, 2007

About

"THE INVESTMENT MARKET FOR HEALTHCARE REAL ESTATE IS BOOMING"
-NAIOP Development Magazine, Summer 2006

The healthcare real estate sector has been estimated to be a $750 billion market-that's larger than the industrial sector and practically as big as the retail sector. And forecasts predict that the healthcare sector will continue to grow as the aging Baby Boomer generation fuels the increasing demand for expanded health care services and facilities. Many smart developers and investors-including foreign investors and high-performing REITs-are putting their money in medical facilities: In 2005, a record $23.7 billion was spent on new healthcare facilities.

As healthcare real estate gains attention it becomes more critical than ever that the players-those responsible for key real estate decisions for hospital and health care clients, real estate investors, and developers/owners-understand the unique and complex issues that arise when buying, selling, developing, or leasing healthcare property. The financial risks are substantial-the build-outs are expensive, and many federal and state statutes impact the feasibility and profitability of these real estate transactions. Plus the unique concerns of owners, healthcare institutions and medical practitioners makes for heated and complex
lease negotiations.

ACI has developed a publication from the Premier Forum on Developing and Leasing Medical Office Buildings, Lab & Healthcare Facilities to specifically address the unique problems that surface in these transactions. This event will offer a practical discussion of real-world issues that arise in healthcare real estate development and offer winning and workable strategies to resolve these issues.

Our faculty, consisting of leading experts and advisors to major healthcare systems as well as to property developers and owners, have offered key negotiating advice and detailed knowledge to help you better handle various types of transactions. They will guide you through:

  • Key steps for developers, healthcare REITS and developers
  • Exercising due diligence in developing new and buying existing healthcare facilities
  • Working with lenders and selecting the right financing options
  • Negotiating medical office and lab space leases and tenant improvement allowances
  • Complying with land use restrictions and regulatory requirements

Contents & Contributors

About

"THE INVESTMENT MARKET FOR HEALTHCARE REAL ESTATE IS BOOMING"
-NAIOP Development Magazine, Summer 2006

The healthcare real estate sector has been estimated to be a $750 billion market-that's larger than the industrial sector and practically as big as the retail sector. And forecasts predict that the healthcare sector will continue to grow as the aging Baby Boomer generation fuels the increasing demand for expanded health care services and facilities. Many smart developers and investors-including foreign investors and high-performing REITs-are putting their money in medical facilities: In 2005, a record $23.7 billion was spent on new healthcare facilities.

As healthcare real estate gains attention it becomes more critical than ever that the players-those responsible for key real estate decisions for hospital and health care clients, real estate investors, and developers/owners-understand the unique and complex issues that arise when buying, selling, developing, or leasing healthcare property. The financial risks are substantial-the build-outs are expensive, and many federal and state statutes impact the feasibility and profitability of these real estate transactions. Plus the unique concerns of owners, healthcare institutions and medical practitioners makes for heated and complex
lease negotiations.

ACI has developed a publication from the Premier Forum on Developing and Leasing Medical Office Buildings, Lab & Healthcare Facilities to specifically address the unique problems that surface in these transactions. This event will offer a practical discussion of real-world issues that arise in healthcare real estate development and offer winning and workable strategies to resolve these issues.

Our faculty, consisting of leading experts and advisors to major healthcare systems as well as to property developers and owners, have offered key negotiating advice and detailed knowledge to help you better handle various types of transactions. They will guide you through:

  • Key steps for developers, healthcare REITS and developers
  • Exercising due diligence in developing new and buying existing healthcare facilities
  • Working with lenders and selecting the right financing options
  • Negotiating medical office and lab space leases and tenant improvement allowances
  • Complying with land use restrictions and regulatory requirements

Contents & Contributors


THE REAL WORLD: A LOOK AT HOW HEALTHCARE INSTITUTIONS AND PRACTICES ARE BUYING AND SELLING REAL ESTATE
Philip J. Camp, Shattuck Hammond Partners (New York, NY)

JOINT VENTURES: HOW TO SUCCESSFULLY COLLABORATE AND FINANCE
Michael L. Blau, Foley & Lardner (Boston, MA)
Stephen I. Burr, Foley & Lardner (Boston, MA)

EXERCISING DUE DILIGENCE WHEN BUYING AN EXISTING BUILDING
Paul C. Bauer, Bowditch & Dewey (Framingham, MA)

MINIMIZING OPERATING RISKS: KEY STEPS FOR DEVELOPERS, HEALTHCARE REITS, AND INVESTORS
E. Hunter Beebe, Shattuck Hammond Partners (New York, NY)

MINIMIZING OPERATING RISKS: KEY STEPS FOR DEVELOPERS, HEALTHCARE REITS, AND INVESTORS
Stuart S. Kurlander, Latham & Watkins (Washington, DC)

COMPLYING WITH KEY ANTI-KICKBACK & FRAUD PROVISIONS
Peter G. Bergmann, Cadwalader, Wickersham & Taft (New York, NY)
Jesse A. Witten, Ropes & Gray (Washington, DC)

GETTING IT BUILT: LAND USE, PERMITS, AND BUILD-OUT
Timothy McKenna, AIA, Hammes Company (Newton, MA)

LEASING OFFICE AND LABORATORY SPACE
John E. Buehner, Troutman Sanders (Atlanta, GA)

LONG-TERM CARE FACILITIES: MEETING THE INCREASING DEMAND
Peter G. Bergmann, Cadwalader, Wickersham & Taft (New York, NY)

SELECTED HEALTH CARE ISSUES
Christopher M. .Jedrey, Mcdermott, Will & Emery (Boston, MA)



DOCUMENT TYPES: PRESENTATIONS AVAILABLE: 0