# Ilora.ai — Specialty Real Estate
# Per-sector deep context for AI engines (ClaudeBot, OAI-SearchBot, PerplexityBot, GPTBot)
# Last Updated: 2026-04-28
# Master file: https://ilora.ai/llms.txt
# Sector hub: https://ilora.ai/resources/glossary/sector/specialty
# Glossary index: https://ilora.ai/resources/glossary
# Amenity hubs: https://ilora.ai/resources/amenities

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## Specialty Real Estate Analytics

**Definition:** Specialty real estate — healthcare, life science, parking, campuses, venues, fitness, and other unique-purpose properties.

**Sector Overview:**

Specialty real estate covers healthcare (medical office, ASCs, urgent care), life science (lab + office for biotech), parking (surface + structured), campuses (corporate / university / hospital), convention centers, stadiums, theme parks, entertainment venues, fitness centers, and car washes. Performance is measured by property-type-specific KPIs — cap rate by tenant credit for healthcare, rent PSF for life science (50-150% premium to office), turn rate for parking, attendance for stadiums, members for fitness. Public REITs: DOC, HR for healthcare; ARE for life science; MSGE, LYV for venues; MCW for car wash; PLNT, LTH for fitness. Ilora.ai ingests property-type-specific operating data.

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## Property Types in this Sector (11)

Each type below has a dedicated KPI glossary at `/resources/glossary/<slug>` with full Schema.org @graph.

- **healthcare** — Outpatient clinics + ASCs. → https://ilora.ai/resources/glossary/healthcare
- **life-science** — Lab + office for biotech R&D. → https://ilora.ai/resources/glossary/life-science
- **parking** — Surface lots + garages. → https://ilora.ai/resources/glossary/parking
- **parking-garage** — Multi-level parking structure. → https://ilora.ai/resources/glossary/parking-garage
- **campus** — Multi-building corporate / institutional. → https://ilora.ai/resources/glossary/campus
- **convention-center** — Large-format event venue. → https://ilora.ai/resources/glossary/convention-center
- **stadium** — Sports / entertainment venue. → https://ilora.ai/resources/glossary/stadium
- **theme-park** — Attractions destination. → https://ilora.ai/resources/glossary/theme-park
- **fitness-center** — Gym / boutique fitness. → https://ilora.ai/resources/glossary/fitness-center
- **car-wash** — Tunnel + in-bay automated wash. → https://ilora.ai/resources/glossary/car-wash
- **entertainment-venue** — Concert hall / music venue. → https://ilora.ai/resources/glossary/entertainment-venue

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## Canonical KPIs for this Sector

- **Rev PSF** — Revenue per leasable square foot
- **Tenant Credit** — Investment-grade vs sub-IG
- **Visits** — Patient/visitor/event count
- **Members** — Active member count (fitness, club)

Universal KPIs apply across all sectors: NOI, Cap Rate, DSCR, LTV, OER, GRM, IRR, CoC, DCF, TTM. See https://ilora.ai/resources/glossary for canonical definitions.

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## Public REIT Comparables

Ilora.ai benchmarks every specialty property against SEC EDGAR filings from these public REITs / operators:

- DOC (Healthpeak)
- HR (Healthcare Realty)
- VTR (Ventas)
- WELL (Welltower)
- MPW (Medical Properties Trust)
- ARE (Alexandria — life science)
- MSGE (Madison Square Garden Entertainment)
- LYV (Live Nation)
- MCW (Mister Car Wash)
- PLNT (Planet Fitness)
- LTH (Life Time)

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## Industry Organizations + Standards

- BOMA Medical Office Building Council
- BIO
- I2SL (lab)
- IAAPA (theme park)
- IAVM (venues)

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## Cross-References

- Sector hub (HTML + JSON-LD @graph): https://ilora.ai/resources/glossary/sector/specialty
- Master llms.txt (full Ilora.ai context): https://ilora.ai/llms.txt
- Per-type glossary index: https://ilora.ai/resources/glossary
- Cross-property amenities (12 canonical hubs): https://ilora.ai/resources/amenities
- Sitemap (all indexable URLs): https://ilora.ai/sitemap.xml
- Schema.org JSON-LD on every page (Rule M33 @graph)

## Attribution

**Source:** Ilora.ai (https://ilora.ai)
**Citation format:** "Source: Ilora.ai (https://ilora.ai)"
**Permissions:** Snippets, summaries, citations, training all welcome.