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Feature Story: Developers are seeing opportunities

HREI editorial board members say they expect growth in new projects in 2021

By John B. Mugford

HREI™ Editorial Advisory Board members say the number of requests for proposals (RFPs) and the level of development activity during the COVID-19 pandemic have come as a pleasant surprise, and they say they expect 2021 to be another strong year. (HREI™ photo)

Although medical office buildings (MOBs) are once again showing their strength as an investment and ownership product during the COVID-19 pandemic, some professionals involved in the sector have expressed concern that there could be a slowdown in the development of such facilities in the next couple of years.

Although such a concern could indeed prove to be true, professionals with some of the MOB sector’s largest and best-known development firms, as well as full-service healthcare real estate HRE) firms that provide development services, recently expressed that they are remaining as busy as ever, and should be for at least the next year or longer.

“One of the biggest surprises to me in the space this year is

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