How would you characterize the current lending market for MOBs?
The MOB lending market is “extremely active and the atmosphere is pretty strong. Spreads are good, interest rates are relatively low compared to the past markets and we have plenty of money for medical buildings… Our spreads have remained relatively disciplined to the leverage of the loans so, as we transition to Capital One (from GE Capital), we now have risk-adjusted pricing.”
Erik Tellefson, Managing Director, Capital One Healthcare, speaking at the InterFace Healthcare Real Estate West conference in Los Angeles.
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