Real Estate Investors Reaping Benefits of Healthcare Reform

The Affordable Care Act continues to confuse much of the healthcare industry, but savvy investors are finding medical office buildings a safe bet, Modern Healthcare reports.

In the first half of 2013, there have been 124 medical office building properties sold in deals totaling more than $1.83 billion, Chicago-based real estate management firm Jones Lang LaSalle reports. The average deal involves a 74,750-square-foot property selling for $14.8 million.

Medical office building sales reached $5.94 billion in 2012, according to JLL. This far outpaced the previous totals of $2.79 billion, $3.45 billion and $1.62 billion for 2012, 2011, and 2010.

“These investors, while they would agree there’s a lot of uncertainty, believe healthcare reform can and will be managed,” said Mindy Berman, JLL’s healthcare capital markets group managing director.


Keep me up to date on the latest happenings and all that D Magazine has to offer.