A Year in Review: BRES' Top CRE Developments

In 2014, as the Kansas City economy began to gain steam and with that momentum so did Block Real Estates Services, LLC (BRES) deals and developments.  In light of the year coming to an end, BRES, decided to review some our top commercial real estate (CRE) deals. Below are some of the most note worthy deals of 2014:

Healthcare Development Trends of 2014

Medical practices have ascended into a new era of supply and demand that is stimulating the push for ground breaking developments and new renovations.  The healthcare development market stands extremely competitive due to the scarcity of existing developments and  available capital. Aiding in these efforts, the implementation of the Affordable Care Act (ACA) has increased emphasis on wiser decisions by investors and physicians to reduce costs and enhance patient experiences. Here are a few trends to consider when staying  on top of healthcare development.

Block Healthcare Development 2014 Overview

The healthcare real estate market continues to establish itself as one of the most active sectors in commercial real estate.

Day 6-Healthcare-12 Days of Why It's Great to be in Kansas City

Obamacare brought many changes to the healthcare landscape as different expectations were laid out for healthcare providers and thus, different spaces. This has affected commercial real estate as health care providers seek spaces that will accommodate their new responsibilities with Obamacare.

Day 9: 12 Days of the KC Market Report: Healthcare Development

Key stakeholders in the industry are now making directional changes in how they practice medicine and strategize for future growth. One of the areas that cannot be overlooked in this significant shift in healthcare strategy is that of the real estate sector. Three areas that are creating a bullish environment in healthcare real estate are the:

• Upholding of the government mandate
• Physician reimbursement cuts 
• Creation of Accountable Care Organizations (ACOs)

Developer Success Found With Flexibility

One of the key words, if not THE key word, to describe a successful developer is flexibility.  In today’s ever changing economic times, it has never been more true that the only constant is change.  A developer that can’t adjust to change encounters, puts them or their development in a position to fail on multiple fronts. That means they are one step closer to losing trust with key investment partners, one step closer to failed construction projects, one step closer to facing lender recourse.

On the flip side, building a development project that doesn’t just look good on paper, but actually has the ability to be flexible in case of the development “curve balls” that will be thrown your way, will allow for a successful project, bringing solid returns to your investors and provide the foundation for long-term peace of mind.