The $7.5 billion in capital represents more than 65 percent of the $11.3 billion HCREITs raised in all of 2011 and 80 percent of the $9.2 billion HCREITs raised in all of 2010.
HCREITs also continue to outpace REITs in other property classes, with HCREITs raising 20 percent of all REIT capital through mid-year of 2012. Additionally, HCREITs have produced the highest total return (84 percent for the HCREIT composite since the beginning of the recession), compared to other REITs (34 percent rate of return for the U.S. REIT composite).
“The ability of healthcare REITS to raise debt and equity capital with attractive pricing supports aggressive, accretive acquisition programs and correlates directly with the market-pacing performance of this investment type,” said Mindy Berman, managing director of the Healthcare Capital Markets group at Jones Lang LaSalle. “The safe haven of healthcare real estate continues as it produces superior results across the board.”
More Articles on Healthcare REITs:
Boom for Healthcare Real Estate Companies Expected to Continue
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.