Capital Health Converts Existing MOB Into 53,000-SF Micro-Hospital
A former outpatient building in suburban Philadelphia is being transformed into a small-format hospital that will become Capital Health’s first inpatient facility in Pennsylvania.
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The Shift In Medical Office Building Sales: A New Era For Sellers
The evolving landscape presents opportunities for both buyers and sellers in the MOB sector, indicating a potential return to a more active and dynamic market.
Demand For Healthcare Real Estate Investment Trusts To Get Boost
U.S. healthcare real estate investment trusts recorded solid performance in the second quarter, with average funds from operations and same-store net operating income up 20.3% and 8.1%, respectively, year over year, according to a new report from Nareit.
Nareit is the US-based trade association for REITs and publicly traded real estate companies.
The sector is expected to continue performing well due to demand tailwinds such as the aging population in the country. In just over a decade, for the first time in U.S.history, people aged at least 65 years are expected to outnumber those under the age of 18, according to U.S. Census Bureau projections.
Healthcare REITs, which own senior living communities, hospitals, medical office buildings and skilled nursing facilities, comprise 8% of equity market capitalization as of the end of August.
The sector’s share in the FTSE Nareit All Equity REIT Index stood at 4.5%, surpassing the office sector’s share, the report said.
Source: S&P Global
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