Although MOB completions slowed a little bit towards the end of 2020, starts remained pretty much in line with past years with 20.9 million square feet of space started as of the fourth quarter.
According to a recent company’s earnings call, Healthcare Realty Trust had a banner year of investment in 2020 and already made $40 million in acquisitions this year.
Although the past year included a worldwide disruptor and health crisis, MOBs continue to march on their steady course according to data presented during a recent virtual presentation by Revista, a firm that compiles nationwide healthcare real estate facilities information.
In a recent JLL poll, 83 percent of patients stated they would prefer to be near their care rather than driving farther to a new or renovated facility.