While MOB transaction activity might have cooled somewhat and MOB construction remains steady, deliveries of hospital projects have been on a spike. Based on projects that have either opened or are scheduled to open by the end of the year, we will be adding roughly 35 million square feet to inventory in 2019.
Revista has posted its 2017 Year End Transactions Reports for subscribers to its data service. By most accounts, 2017 was a record year for the sector in terms of transaction volume. Overall $21.8B worth of hospital and medical office real estate traded hands in 2017.
The hospital real estate sector has been gaining favor with investors in 2015. We have seen two high profile deals – the $1.75B
For the first time since Revista began tracking medical real estate transaction volume in 2014, hospital real estate transaction volume is outpacing Medical Real Estate Transaction Volume.