Nashville-Based Montecito Continues Fast Pace Acquisition Number In Qtr. 1 2024 With 11 Medical Office Building Deals
Some of the company’s latest acquisitions included properties tenanted by market-leading providers ranging from the Mountain West to the eastern seaboard.
Micro-Hospitals Continue To Make Inroads In US Healthcare
Micro-hospitals have been growing in importance for at least a half dozen years. They are inpatient facilities with a handful of short-stay beds offering some of the same services as larger hospitals—typically emergency services, imaging, pharmacy, lab work and sometimes even outpatient surgeries and primary care—but are cheaper to operate.
Rising Rates, Costs Catch Up With The MOB Development Market
The Revista 2023 Outpatient Real Estate Development Report report indicated that the volume of MOB projects started or completed in 2022 was down slightly from space started or completed in 2021. However, the newly released 2024 Outpatient Real Estate Development Report shows health systems caught up with the MOB development business in 2023.
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