Capital market madness
BOMA PANEL EXPLORES INVESTMENT IN MOBs
By John Mugford
No one involved in medical office building (MOB) investments is likely to go out on a limb and say that these are robust times for the industry. Sales volume is down, lining up debt and equity is no easy task, and buyers and sellers just can’t come together on pricing, all of which has left a lot of deals on the table.
Even so, when the dust settles from this difficult period, MOBs will be looked upon as one of the most recession-proof of all property types.
This was one of the messages from a panel discussion at the recent “2008 Medical Office Building and Healthcare Facilities Seminar,” which was held June 19-20 in Denver. The MOB conference was sponsored by the Building Owners and Managers Association (BOMA) International and was a prelude to the BOMA International Conference and the Office Building Show in Denver.
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