With the nation slowly recovering from the COVID-19 pandemic, investors have concluded that the number one real estate investment opportunity today is MOBs. Supurva’s decision to invest in MOBs is coming at an opportunistic time as it seeks to create a portfolio.
With the addition of 3D Systems Technology as the anchor tenant and Apria Healthcare as a prominent user, the campus is a premier location for other healthcare-related businesses in this rapidly growing part of the metro area.
The fund is expected to spend approximately half of its money on the MOB asset class, underscoring the growing demand for medical office.
While there might be some conversion of other uses into medical office buildings to increase supply, these transitions are difficult.
Patients have raised the bar for their medical experiences. And the physicians and healthcare institutions that attune themselves to those needs and successfully blend hospitality and healthcare will remove barriers to growing their practice and find themselves in great demand