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BOMA International releases new healthcare real estate guidebook
WASHINGTON, D.C. – The Building Owners and Managers Association (BOMA) International has released its newest publication, Developing, Leasing and Managing Healthcare Facilities in an Evolving Healthcare Environment. The publication, which is authored by healthcare real estate expert Neil Carolan, offers guidance on how to keep pace in this dynamic industry with in-depth analysis that breaks down the varying issues and trends confronting healthcare real estate professionals.
Much has changed in healthcare real estate in the 10 years since BOMA last published a guidebook that looked at the complexities of development, financing, leasing and management of healthcare facilities. The updated 2013 edition examines the impact of healthcare reform, STARK regulations and an aging population, among other factors, on the industry and provides specific instruction on the steps seasoned professionals and new practitioners should take to be successful.
"This guidebook is a must-have resource for healthcare real estate professionals" said Co-Chair of BOMA International’s Medical Office and Healthcare Facilities Committee and Head of Healthcare Real Estate for Raymond James, Laca Wong-Hammond. "As the types of medical assets continue to evolve with the changing landscape of healthcare delivery and regulations, practitioners need to stay one step ahead. It’s an exciting market sector with real opportunity for the informed participant."
"Healthcare real estate has experienced significant change since this guidebook was last published in 2003," noted Co-Chair of BOMA International’s Medical Office and Healthcare Facilities Committee and President and CEO of Healthcare Real Estate Consulting, LLC, Neil Carolan. "The healthcare delivery system as we know it is transforming and we revised the guidebook to highlight the developing best practices, trends and challenges that anyone developing, leasing or managing a healthcare facility needs to be aware to gain an edge in this competitive market."
Developing, Leasing and Managing Healthcare Facilities in an Evolving Healthcare Environment features expert guidance detailing the core functions and nuances of healthcare real estate, with specific focus on:
• Pre-Development and Development
• Forms of Ownership
• Architectural Issues
• Evolving Business Models; and
• Impacts of Healthcare Reform.
Developing, Leasing and Managing Healthcare Facilities in an Evolving Healthcare Environment is available on BOMA International’s online store.
About BOMA International
The Building Owners and Managers Association (BOMA) International is a federation of 93 BOMA U.S. associations, BOMA Canada and its 11 regional associations and 13 BOMA international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types, including nearly 10 billion square feet of U.S. office space that supports 3.7 million jobs and contributes $205 billion to the U.S. GDP. Its mission is to advance the interests of the entire commercial real estate industry through advocacy, education, research, standards and information. Find BOMA online at www.boma.org.