VOLUME RISES 76 PERCENT FROM FIRST HALF 2009
By John Mugford
It looks like the long awaited rebound continues to take shape for medical office building (MOB) sales – although, some could argue, it is not quite there yet.
In fact, “It’s still tough to get deals done out there,” says Alex Zylberglait, a VP of investments in the Miami office of Marcus & Millichap Real Estate Investment Services, who sells MOBs.
“In most cases, financing is still a challenge because underwriting is still very tight, even though medical has proven to be a preferred real estate investment.”
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