Meridian

Exciting News from Meridian! We’re thrilled to announce the acquisition of a 94,569 sq. ft. medical building in Tucson, AZ! This vacant facility, located on N. Stone Avenue, will soon be transformed into a state-of-the-art health center for El Rio Health, a trusted healthcare provider serving the Tucson community for over 50 years. Meridian is proud to partner with El Rio Community Health Center in this adaptive reuse project, investing significant capital to revitalize the former cardiovascular hospital. This project is strategically designed to meet the growing demand for primary healthcare in Tucson, with completion expected by early 2026. A huge thank you to El Rio Health and PICOR Commercial Real Estate Services for the collaboration! We look forward to expanding access to care and supporting El Rio Health’s mission of delivering comprehensive, affordable healthcare to the community. For the full story, please click here: https://lnkd.in/gS7tvSKB #HealthcareRealEstate #AdaptiveReuse #MedicalFacilities #ElRioHealth #Tucson #CommunityCare

Are you headed to L.A. next week for the Southern California Healthcare Real Estate Summit hosted by Bisnow? #TeamMeridian will be there, and our own Ryan J. Borzouei will be a featured speaker on the Finance and Investment panel. You won’t want to miss it! For more information, please click here: https://lnkd.in/gEMdvsza

Meridian’s Katie Newman will be speaking at next week’s Pacific Northwest Healthcare Conference hosted by Bisnow. She will be joining the panel discussing “Medical Office Building Demand and Development in PNW” which will talk about the growth of outpatient care and it’s impact on MOB demand. We hope to see you there! For more information on this conference, click the link below! https://lnkd.in/d9eXRfwB

🎉 Congratulations to Nexus Health on the successful ribbon-cutting ceremony for their new state-of-the-art facility in Santa Fe! 🎉 It was an honor to be part of this pivotal moment, celebrating the expansion of patient-centric healthcare in the community. With specialties ranging from oncology to orthopedic surgery all under one roof, Nexus Health is set to enhance access to essential medical services for Northern New Mexico, and we couldn’t be prouder to have been a part of this incredible project. A special thanks to the dedicated team at Nexus Health, as well as our partners at The US Oncology Network, Skiles Group and Page for their commitment to creating healthcare facilities that provide greater access to care at a more affordable cost. Together, we’re making a significant impact on the healthcare landscape! Here’s to a healthier future for all! 🩺🌟 #NexusHealth #HealthcareInnovation #CommunityCare #SantaFe

🎤 Key Insights from the Colliers National Healthcare Conference 🎤 Earlier this month, #TeamMeridian attended the Colliers National Healthcare Conference in San Diego, CA! In a compelling session, Bradford "Ford" Koles, Jr., VP and National Spokesperson of the Advisory Board, shared his perspective on the future of healthcare, using the historical example of Japan’s musket adoption to highlight the rapid uptake (and sometimes abandonment) of new technologies in our industry. A major takeaway? While value-based care and patient data interoperability remain top priorities, Koles stressed that real progress lies in adaptability. He pointed out that healthcare facilities need to stay flexible to respond to ever-changing patient demands, workforce challenges, and economic pressures. 🏥 What does this mean for healthcare real estate? 🏥 1) It’s time to rethink our approach to facilities—making them more efficient and responsive to new patient care models, especially with the rise in outpatient services. 2) State-level healthcare reforms are where we should focus our attention, as they will drive much of the change moving forward, particularly in areas like Medicare Advantage and reproductive health laws. As we head into 2025, healthcare systems that can evolve their real estate strategies to be adaptive, cost-effective, and patient-centric will be better positioned to thrive. #HealthcareRealEstate #HealthcareTrends #ValueBasedCare #ColliersConference #Meridian #StateLevelReform

Huge thank you to Richard Kelley for putting on yet another fantastic InterFace Conference Group Healthcare Real Estate Conference last week in Dallas. The day was filled with great discussion, knowledgeable panelists and reconnection with peers. According to Meridian’s Michael Arvin, here are some key takeaways from the event:   The investment markets remain unstable, though optimism is building for a recovery in 2025, driven by high equity expectations, rate cuts, and strategic dispositions of non-core assets. Seller activity is accelerating with shorter timelines, and end-user interests have surged 200% since 2021. A Q4 pickup is anticipated, with 1031 exchange activity on the rise. In healthcare, delivery models are focusing on meeting patients in their communities, including new micro-hospitals and a shift away from telehealth, which has decreased significantly post-COVID, except in cancer care. Development trends are centered on non-CON states, where higher interest rates are expected to drop, spurring growth, while construction costs stabilize. Systems are repositioning assets and are open to third-party capital, particularly in healthy lifestyle communities and workforce housing near hospitals. Despite the rising need for behavioral health facilities, investment remains limited, though public entities are showing willingness to fund development.   Looking forward to next year! #InterFaceHealthcareRE  

We are looking forward to next week's National Healthcare Conference hosted by Colliers in beautiful San Diego! Mike Conn, John Pollock, Michael Arvin and Ryan J. Borzouei will be there representing #TeamMeridian. Hope to see you there! https://lnkd.in/gtnUBMhs

Meridian's Mike Conn, John Pollock, Ryan J. Borzouei and Arturo Nuñez Pérez will be in attendance at next week's Healthcare Real Estate Conference hosted by Connect CRE. Drop us a note if we will see you there! https://lnkd.in/g3EVH69V

We are thrilled to announce that Meridian's Michael Arvin will ALSO be speaking on the "Five Things to Watch for in 2025" panel at next week's Healthcare Real Estate conference hosted by InterFace Conference Group! Hope to see you there! #InterFaceHealthcareRE https://lnkd.in/gJkbziXA