For four straight years, medical office building sales have topped $11 billion in annual volume, according to Revista data.
However, so far in 2019, MOB sales have slowed a bit, with the volume coming in at $1.5 billion in Q1. And while the volume in Q2 has to be compiled, it was certain to be bolstered by the $1.25 billion purchase of the CNL Healthcare Properties MOB portfolio by Welltower Inc. (NYSE: WELL).
Supply/demand and Rent trends will begin appearing in Revista’s products which will enable subscribers to better analyze macro market risks and opportunities.
2019 MOB deal volume continues the cooling trend after coming off historical highs in 2017. While total volume may be down, a theme continues - private investors represent the greatest percentage of acquisitions.