ARNOLD, Md., September 30, 2022 (Newswire.com) - Record funding levels for Bioscience companies in recent years have fueled increasing industry demands for more lab space and properties. Investors have answered this call by building into existing markets and creating bioscience hubs in new markets. While facilities play a crucial role in achieving those goals, informed decision-making has been hindered by the lack of comprehensive national data about bioscience real estate, including such basic facts as location, size, construction, and transactions.
Maryland-based Revista has a solution. Revista began providing the nation's only medical real estate data service, RevistaMED, in 2014, which now boasts more than 1000 users and attendance at their annual executive-level networking event of nearly 500. Now, Revista will be offering the industry's only property-level database of all U.S. life science real estate, RevistaLAB, with industry statistics and resources, metro and regional market reports, and a directory of industry product and service providers. RevistaLAB will also host high-level, strategic networking and educational events, including in-person forums and webcasts with industry-specific, data-based subject matter and experts.
"We are excited about our partnership with Revista," says Mark Burkemper of Harrison Street, which is a Founding Partner with Revista. "We share their vision of improving the availability of life science real estate data and information to ultimately facilitate a better-equipped industry that is ready to meet the country's growing demand for pharmaceutical research & development. We look forward to collaborating with Revista's well-established team through participation in the advisory board, events and in the presentation of these key resources to the industry." Healthpeak Properties, Inc. is also a Founding Partner for this service.
"Life Science has become a dynamic real estate sector that is attracting the interest of the broader real estate investment community," says Erik Tellefson, Senior Managing Director of Capital One, which has a longstanding relationship with Revista. "The increased transparency and analytical tools that Revista is building will provide specific insight into these powerful trends that will benefit both investors and providers."
First database and national event will be unveiled next month
Revista will introduce data for three bioscience markets—Boston, San Fransisco, and San Diego—in October, roll out the remaining markets during the next several months, and hold a national launch event at the Encore Boston Harbor on Oct. 13-14, 2022. Access to the one-stop online resource will be easy to use and subscription-based. With a simple registration and a highly specialized interface, users can filter and customize the search results in various ways. These resources are provided in collaboration with Revista's life science real estate industry partners.
The national event will feature six of the most popular general sessions from their medical real estate event with a new life science focus. Sessions include a macro-overview of the sector; a data-driven state of the industry presentation; a Capital Markets panel with executives from top investors in bioscience; a construction & development case study panel; a dealmakers spotlight session, and a real estate economy keynote featuring Jim Costello, Head of Real Estate Economics MSCI | Chief Economist MSCI - Real Assets. Registration is open, and information is available here. The editorial press is free with credentials.
Revista's resources are being designed for a wide range of potential users, including real estate brokers; property owners, bioscience real estate executives, managers, and investors; advisory firms, investment banks, and underwriters; equity research analysts; academic and government researchers; merger and acquisition firms; development/construction firms; architecture firms; and legal firms.
Healthpeak Properties, Inc. is a fully integrated real estate investment trust (REIT) and S&P 500 company. Healthpeak owns and develops high-quality real estate in three private-pay healthcare asset classes of Life Science, Medical Office and CCRC. At Healthpeak, we pair our deep understanding of the healthcare real estate market with a strong vision for long-term growth. For more information regarding Healthpeak, visit www.healthpeak.com.
About Harrison Street
Harrison Street Real Estate Capital (HSRE), headquartered in Chicago, IL, is a real estate private equity firm founded in 2005 that directly and through its affiliates, has approximately $7.5 billion in assets under management (AUM) through commingled funds and public securities products. The commingled funds focus exclusively on the Education, Healthcare and Storage segments of the U.S. real estate market. Since inception, the Firm has acquired or developed over 450 properties in 40 states, including over 60,000 student housing beds, more than 11,800 senior housing units, over 5.1 million square feet of medical office space, and more than 86,000 self-storage units. Additionally, Harrison Street Securities LLC, an affiliate of HSRE currently manages over $780 million in REIT securities through distinct long only product offerings. For more information regarding Harrison Street, visit www.harrisonst.com.