Healthcare real estate investment trusts, or REITs, are on the prowl to buy MOB properties because supply is low and MOB tenets usually lead to stable lease revenue.
“The buyers with access to capital, mostly the REITs, are locking up more and more of the supply, and their practice is to buy and hold. The property isn’t going to turn again on the market,” Mindy Berman, managing director of JLL’s healthcare capital markets, told National Real Estate Investor. “If I’m the CFO of a hospital today, this is the best time to sell.”
More Articles on Hospitals and Medical Office Buildings:
How the Affordable Care Act Affects Healthcare Construction
Memorial Hospital of Converse County Breaks Ground on $6.8M Medical Offices
6 Trends Influencing Healthcare Real Estate in 2013
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit