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Investors appear increasingly willing to buy in HRE product types other than only medical office buildings. Why the broadened focus in a post-pandemic world? Simply put, there just aren’t enough MOBs to go around.
Medical office has been the ‘steady Eddie’ through two recessions. In CBRE’s 2021 survey of healthcare real estate’s most influential REITs, institutional investors, private capital investors and developers, 80 percent of respondents said the sector is recession-proof, and data supports this view.
The Hollywood, Florida-based real estate investment group purchased the buildings over the last three months, diversifying its existing portfolio of commercial properties by securing single-tenant, NNN health care assets.
MedSpace USA is a national healthcare real estate development firm based in Florida offering a full range of development services.
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