Editor’s Letter (August 2008)

Deals are slowing, for now


Dear Reader:

On the surface, the latest statistics once again show that the volume of medical office building (MOB) sales transactions continues to outperform general office. We write about this in our front page article entitled, “Volume drops for MOBs.” While the headline indicates that the current real estate downturn and capital markets crunch is negatively affecting MOB dealmaking, we also point out in the article that total sales volume for the healthcare space remains relatively strong when compared to other types of commercial real estate.

We’ve conveyed this same message in our MOB sales reports for the past couple of quarters. We typically use MOB sales statistics sent to us from New York-based Real Capital Analytics (RCA) Inc. to compile those reports.

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