CREJ

Page 2 — Health Care & Senior Housing Quarterly — July 2020 www.crej.com Contents Letter from the Editor T he “new normal.” It’s a common phrase found in this issue of Health Care & Senior Housing Quar- terly. And what exactly the definition of this “new normal” is continues to evolve. Despite the fluidity of what nor- mal is defined as today and tomor- row, it is clear that the health care and senior housing sectors have been impacted by COVID-19. Chris Bodnar, vice chairman and co-head of Health- care & Life Scienc- es Capital Markets at CBRE, recently was on a confer- ence call hosted by Wells Fargo Secu- rities, in which he discussed the current state of the medical office building market. During the call, participants said that MOBs continue to show resil- ience through the pandemic as need-based decisions to address health problems, in general, can be delayed for only so long. This inelasticity of health care demand, Bodnar noted, should support the MOB property type better than other property types such as office and retail. Despite this, physician space needs remain uncertain, though that was in transition pre-COV- ID-19, as there was a move to cre- ate the most efficient use of space within the health care and MOB market. It’s anticipated that the effects of the coronavirus will accel- erate that evolution to new alterna- tives such as a pager-style system such as those used in restaurants, instead of a traditional waiting room as well as growing telehealth options. Changes aren’t limited to the health care and MOB sector as the senior housing market too is expected to see changes. OZ Architecture released its Designing for Emergency Prepared- ness Insight Report in which it looks at design considerations that can help reduce the spread of dis- ease and infection in older adult communities. The report looks at finding a balance between the health care- oriented design of skilled nursing and hospitals and the community- oriented, homelike design seen in many of today’s senior housing facilities. Ideas include architectural design that lends itself to com- partmentalization of residents and staff, technology and limiting out- side sources from entering. Both reports echo what contribu- tors to this issue have shared – the health care and senior housing market will be changed by this pan- demic. It’s a great issue filled with what concerns the industry is facing and some ideas – and solutions – on what the future may hold. Stay safe! Jennifer Hayes jhayes@crej.com 303-623-1148, Ext. 106 Redefining normalcy Issues in health care mergers & acquisitions Katie J. Miller, Joel D. Swider, C. Addison Bradford Pediatric behavioral and mental health design Kelli Falardo, IIDA, CID, CHID; Val Williams Design intersections to solve housing shortcomings Dan Lee, AIA, IIDA, NCARB, NCIDQ The future of senior living design, architecture Jami Mohlenkamp COVID-19 to impact senior design for years to come Len Segel Leading the way with telehealth, technology Daphne Bernstein, Margie Guerrieri Leaders find creative solutions for recruitment Laura Landwirth 9 12 13 14 15 16 17 Health Care News - Page 4 5 0 0 E H A M P D E N A V E N U E | E N G L E W O O D , C O CORE & SHELL ARE ESTIMATED TO BE COMPLETED AUG 2020 Located within Swedish Medical Center campus, OCCUPANCY OF 95% FOR THE PREVIOUS 2 YEARS FIRST NEW MEDICAL OFFICE BUILDING on campus in over 30 years Only Medical Office Building on campus that has SELF-CONTAINED SERVICES (parking, valet, office and retail space) 90,000 SF OF MEDICAL OFFICE SPACE & 14,000 SF OF RETAIL SPACE P R O P E R T Y F E A T U R E S LISTING BROKERS STEPHANI GASKINS +1 720 528 6346 STEPHANI.GASKINS@CBRE.COM DANN BURKE +1 720 528 6362 DANN.BURKE@CBRE.COM http://properties.cbre.us/synergy-medical/

RkJQdWJsaXNoZXIy MzEwNTM=