A new 2026 outlook highlights strong demand driven by an aging U.S. population, while limited new construction is pushing up occupancy rates and rents. But pricing challenges and policy risks remain for investors.
Technology and patient preference continue to drive a shift to outpatient care. Over the next five years, outpatient care volumes in the U.S. are projected to increase by 10.6%, compared to a modest 0.9% rise in inpatient care.
Medical outpatient buildings continue to stand out as a high-performing asset class in a challenging office market. Sunbelt markets are leading the MOB rent surge, supported by strong demographic growth and localized healthcare needs.
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