Medical office building transactions totaled over $2 billion and 5.4 million square feet for the month of November. The 48 total transactions evenly consisted of individual properties and portfolio transactions. P
ortfolio transactions were up significantly from October, where they made up only 14% of the total volume.
The upgrade by Moody's for the non-profit healthcare sector from negative to stable is positive news for investors in healthcare real estate, as this sector continues to be the lifeblood of the overall healthcare delivery system and accounts for significant tenancy in REIT and institutional investor portfolios. Of note, the report sites growth in operating cash flows as a catalyst for the upgrade, a trend that could lead to a positive outlook should it continue.
November 2019 M&A Spotlight: Obstetrics & Gynecology of Indiana Acquired
Written by: Eric Murphy, Managing Director, Global Healthcare Services
Obstetrics & Gynecology of Indiana provides women's health services for advance the delivery of obstetrical and gynecological care for women. It is based in the northern suburb of Indianapolis. It was acquired by Audax Group's Axia Women's Health for an undisclosed sum. It is their 4th investment since 2017.
A survey conducted by Capital One suggests the multifamily investor market seems prepared for a buyer's market in 2020, particularly in urban markets. Will healthcare real estate follow a similar trend, or will record-high pricing prevail for sellers of the asset class in 2020?
