What Do MOB Tenants Want?By
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Sale-leasebacks are a great option as an exit strategy said one panelist at RealShare National Healthcare Real Estate 2015.
PHOENIX—The hospital game is no longer a gentleman’s game. That was according to one panelist at the recent RealShare National Healthcare Real Estate 2015 conference, an event which drew more than 400 attendees.
“The hospital industry has changed dramatically,” explained panelist Mike Noto, SVP of real estate services at Welltower. “Consolidation is going on and will continue to go on.”
Mark Alexander, CCIM , managing director of medical office sale leasebacks at Mark Alexander Medical Office Brokerage, said that the medical office building market is being driven to new heights with sound underlying fundamentals. “While REITs mainly buy hospital related MOBs when healthcare systems decide to monetize their buildings, there is a sizable market for CCIMs to do much more business listing doctor owned MOBs on sale/leaseback transactions,” he explains, a topic he will further develop in an upcoming exclusive guest column on GlobeSt.com…
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