BOMA panelists discuss acquisitions, dispositions and joint ventures
By John B. Mugford
CHICAGO – As we move further into 2023, there are so many questions about the current slowdown in the healthcare real estate (HRE) acquisitions market, with a heavy emphasis on medical office buildings (MOBs) and where things are headed for the remainder of the year and, perhaps, beyond.
A panel session at BOMA International’s Medical Office Building + Healthcare Real Estate Conference in Chicago on April 26-28 took aim at answering some of the myriad of questions.
The moderator of the panel laid out the list of questions at the outset, as Brannen Knott, a managing director in the Capital Markets group with Jones Lang LaSalle Inc. (NYSE: JLL), noted: “Acquisitions are down, but where is it going, are there deals, are buyers buying?… With less transaction volume taking place currently and potentially out there, where’s that going? Where are investors, including the panelists here, focusing their investments on today? Where do they see opportunities today? Is it within medical office? Is it other asset classes?”
Perhaps the most-active investor on the panel was Jason Signor, CEO and managing partner with Dallas-based Big Sky Medical, which last year acquired nearly $1 billion worth of HRE assets and has plans to make investments totaling
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE