Feature Story

Feature Story: Rate hike complicates the market

Feature Story: Rate hike complicates the market

But investors are optimistic and demand is strong, Colliers panelists say By John B. Mugford The healthcare real estate (HRE) and medical outpatient building (MOB) investment market is currently in a complicated time, as interest-rate volatility is causing uncertainty and the potential for delays when it comes to closing some deals. At the same time, […]

Feature Story: How HRE developers are adapting

Feature Story: How HRE developers are adapting

InterFace panelists share their strategies for meeting market challenges By John B. Mugford Although the pace of traditional medical outpatient building (MOB) construction remains sluggish, developers are finding other opportunities, including more specialized higher-acuity MOBs, build-to-suit facilities and medical conversion projects. That was one of the key takeaways from a panel of industry experts at […]

Industry Pulse: More pressure, more partnerships

Industry Pulse: More pressure, more partnerships

For both operations and real estate, third parties help systems to meet demand By Murray W. Wolf As many health systems continue to invest in community-based outpatient, ambulatory and specialized care, demand is growing for new inpatient rehabilitation facilities (IRFs), freestanding emergency departments (FSEDs) and neighborhood hospitals. However, reimbursement issues and other financial pressures can […]

William “Bill” Abramowitz

Companies & People: Nuveen Real Estate is making its mark in HRE

Portfolio Manager Bill Abramowitz discusses the firm’s outlook and optimism for the product type By John B. Mugford New York-based Nuveen Real Estate (NRE), part of Nuveen, the global asset‑management arm of TIAA (Teachers Insurance and Annuity Association of America), has made quite a splash in the healthcare real estate (HRE) sector in recent years. Established […]

Feature Story: Making lemonade from the squeeze

Feature Story: Making lemonade from the squeeze

MOB investors are adapting to limited supply, more competition and lower yields By John B. Mugford With a limited supply of high-quality product, growing competition, higher prices and cap rate compression, medical outpatient building (MOB) investors are increasingly turning to other HRE assets, conversion plays and value-add properties. That was the word from a group […]

Feature Story: Macro pessimism, HRE optimism

Feature Story: Macro pessimism, HRE optimism

The sector continues to perform amid wider concerns, InterFace panel says By John B. Mugford In summing up the state of the healthcare real estate (HRE) market, Andy Dow, an HRE-focused attorney, said, while moderating a panel of sector professionals: “At a time when there seems to be pessimism in some aspects of the macro […]

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Feature Story: $2.1B JV shows MOB sector strength

Justin Shepherd A closer look at the BAM-DOC deal and what it says about investor sentiment By John B. Mugford Perhaps no one involved in healthcare real estate (HRE) is likely to say that New York-based Brookfield Asset Management’s (NYSE: BAM) recent acquisition of a 49 percent share of a $2.1 billion portfolio of medical […]

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Feature Story: Rates will stay flat, MOB sales will rise

CBRE’s 2026 mid-year HRE webcast highlighted these forecasts and other data points By John B. Mugford NATIONAL – Interest rates are likely to remain steady for the rest of the year. Medical outpatient building (MOB) sales volume is expected to increase in 2026, while capitalization (cap) rates continue to compress amid growing demand for the […]

Feature Story: Q2 2026 MOB sales were ‘moderate’

Feature Story: Q2 2026 MOB sales were ‘moderate’

With the Welltower tranches closed, volume fell to $2B, RevistaMed webcast shows By John B. Mugford Although medical outpatient building (MOB) occupancies and rents continue to rise to historic levels, the sales volume was considered “moderate” during the second quarter (Q2) of this year. Last quarter’s MOB sales volume totaled $2 billion, according to the […]

Feature Story: IRFs are hot properties. Here’s why.

Feature Story: IRFs are hot properties. Here’s why.

Demographics, provider demand, good margins and more are fueling a surge By John B. Mugford If there is a product type that could be considered one of the hottest in the overall healthcare real estate (HRE) arena – both in terms of development and acquisitions – it just might be inpatient rehabilitation facilities, or IRFs. […]

HREI board members say the MOB market is improving, as evidenced by deals such as Lincoln's late 2025 acquisition of the Imperial Medical Center in Sugar Land, Texas.
Photo courtesy of BMO

Feature Story: HRE market is looking good overall

Acquisitions are rising, debt is available and capital wants to enter the sector By John B. Mugford Although the medical outpatient buildings (MOBs) sales volume has slowed during the past couple of years, owning the product type is proving to be a financially worthwhile endeavor. Being in such a position – especially for those who […]

Feature Story: How to win friends and HRE business

Feature Story: How to win friends and HRE business

Providers on InterFace panel explain what it takes to become a trusted advisor By John B. Mugford As nearly every healthcare real estate (HRE) professional is keenly aware, long-term success largely depends on whether a firm can become a trusted advisor and preferred service provider to the sector’s health systems and larger physician groups. As […]

Feature Story: More development despite record costs

Provider demand is strong enough to justify building, HREI™ board members say By John B. Mugford Medical outpatient building (MOB) construction costs hit an all-time high of $558 per square foot (PSF) last year, yet development activity increased anyway because provider demand has been strong enough to justify the added expense. That was the consensus […]

Feature Story: More development despite record costs

Feature Story: More development despite record costs

Provider demand is strong enough to justify building, HREI™ board members say By John B. Mugford Medical outpatient building (MOB) construction costs hit an all-time high of $558 per square foot (PSF) last year, yet development activity increased anyway because provider demand has been strong enough to justify the added expense. That was the consensus […]

The “Creative Lease Financing Structures” panel discussion during the BOMA Medical Real Estate Conference April 30 included (from left to right): moderator Sean Maynard of Brown Gibbons Lang, Craig Fimple of NexCore Group, Ben Mingle of Centurion Foundation, Howard Vogel of The Walker Group, and Greg Fawcett of JLL Securities.
HREI™ photo

Feature Story: How systems can use new financing models

BOMA panel discusses creative lease structures, shares case studies By John B. Mugford For health systems that would like to own certain outpatient facilities that they occupy, there has, for quite some time, seemingly been just a couple of methods to gain control of such assets. Those have included owning the land underneath a facility […]