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BOMA International releases new health care real estate guidebook

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The Building Owners and Managers Association International has released its newest publication, Developing, Leasing and Managing Healthcare Facilities in an Evolving Healthcare Environment.

The publication, which is authored by health care 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 health care real estate in the 10 years since BOMA last published a guidebook that looked at the complexities of development, financing, leasing and management of health care facilities. The updated 2013 edition examines the impact of health care 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 health care real estate professionals” said co-chair of BOMA International’s Medical Office and Healthcare Facilities Committee and head of health care real estate for Raymond James, Laca Wong-Hammond.

“As the types of medical assets continue to evolve with the changing landscape of health care delivery and regulations, practitioners need to stay one step ahead, she said. “It’s an exciting market sector with real opportunity for the informed participant.”

“Health care real estate has experienced significant change since this guidebook was last published in 2003,” said Neil Carolan, co-chair of BOMA International’s Medical Office and Healthcare Facilities Committee and president and CEO of Healthcare Real Estate Consulting LLC. “The health care 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 health care facility needs to be aware of 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 health care real estate, with specific focus on:

*Pre-development and development
*Financing
*Forms of ownership
*Architectural issues
*Leasing
*Management
*Evolving business models
*Impacts of health care reform

Developing, Leasing and Managing Healthcare Facilities in an Evolving Healthcare Environment is available at boma.org.

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