Product Focus: Is off-campus the new on-campus?

INVESTORS’ VIEWS OF THE ‘BEST’ MOBS MIGHT BE CHANGING, BOMA PANEL SAYS

By Murray W. Wolf

Is off-campus the new on-campus for healthcare real estate investors?

Not long ago, one of the unwritten laws of medical office building (MOB) investing was that on-campus MOBs were almost invariably more desirable than comparable off-campus facilities. Sure, investors had to pay higher prices and accept lower returns. But the tradeoff was that on-campus assets had a lower perceived risk.

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