CREJ

Page 2 — Health Care Properties Quarterly — January 2019 www.crej.com Contents Letter from the Editor I n the nearly three years that the Health Care Properties Quarterly has been published one thing has remained consistent – the continued strength of this sector. Leasing, development, sales – it’s been a constant since the Colorado Real Estate Journal started this publication in June 2016 and it is showing no signs of slowing down. This issue highlights the leases, groundbreakings, sales and open- ings happening within the health care and senior housing and care markets. Additionally, the authors in this issue all give voice to the necessity of how health care and senior hous- ing and care has to adapt to meet and adapt to the evolving needs and wants of its users today and tomorrow. Speaking of tomorrow, an article by Forbes recently detailed its pre- dictions for the overall health care industry in 2019, including that digital health technology catering to out of hospital settings will grow by 30 percent to cross $25 billion globally by the end of the year. It noted that “favorable reim- bursement policies toward clini- cally relevant health applications” will expand care delivery mod- els beyond physical medicine to include behavioral health, digital wellness therapies, dentistry, nutri- tion and prescription management. Is this the future for Colorado’s health care and senior markets? It will be fascinating to see how, if and when this prediction plays out within our state. How does this alternative health care delivery method jibe with the continued demand for both hospitals and medical office buildings coupled with the looming swell of baby boomers looking to a variety of senior living options? Is this a trend that will take root first in rural locations in Colorado? Or will this be something we see first in urban and suburban locales? Will it expand upon the retailization of health care that we already seeing? As always, we couldn’t do this publication without you and your contributions. Please feel free to send us any and all of your con- struction and development news, new hires, sales announcements as well as your contributed articles on the health care and senior hous- ing and care market, or an answer to what is the future of Colorado’s health care and senior market. It is your voices that are the heart of the quarterly – and for that we are so appreciative. Have a great start to 2019! See you in the second quarter! Jennifer Hayes jhayes@crej.com 303-623-1148, Ext. 106 New year, new trends? Prefab is changing health care design, construction Mark D. Johnson, AIA All-ages design considerations for behavioral health Amy Dvorak Preparation, maintenance key to life-safety systems John McGovern, PE, LEED AP; Jeffrey Engelstad, PE, MBA Repositioning of today's senior communities Johnathan Sims, AIA Creative concepts for the future of senior living Jami Mohlenkamp 10 12 14 15 16 Client Looking for Physician Ownership Opportunity? Dann Burke, CCIM First Vice President +1 720 528 6362 dann.burke@cbre.com www.cbre.us/denverhealthcare DENVER HEALTHCARE SERVICES Kory Fasing Senior Associate +1 720 528 6316 kory.fasing@cbre.com Naum Nasif Senior Associate +1 303 628 1729 naum.nasif@cbre.com 18TH AVENUE & OGDEN STREET | DENVER, CO • Mixed use development on vibrant, new Saint Joseph Hospital campus • Three floors dedicated to Class A medical office space totaling 70,000 SF • Ground floor will provide convenient retail and free covered physician parking • Free structured parking provided on adjacent lot for visitors, patients & employees • Upper floors provide breathtaking views of downtown Denver SAINT JOSEPH MEDICAL OFFICE PAVILION BREAKING GROUND SOON! NEW CONSTRUCT ION MEDICAL OFFICE BUI LDING Health Care News - Page 3