3Q18 H2C MEDICAL OFFICE BUILDING REPORT
Eyes on Cap Rates as Trailing 12-Month Average Remains Flat Despite Rising Interest Rates
Is there still time for sellers to take advantage of low cap rates?
posted on December 7, 2018
NEW YORK — An interesting scenario is taking place in the real estate investment
world with the assimilation of rising interest rates, ample “dry powder” (capital yet to be deployed into an investment), and the perceived safety of the medical office building (“MOB”) investment class. While other sectors have experienced significant volatility in deal volume (e.g., real estate transaction volume was down 8 percent in 2017), the MOB sector has been stable. That led H2C to ask, “Why?”
Inside the 3Q18 MOB Quarterly Update
Key Transaction Highlights
Transaction Volume Trends
Regional Transaction Highlights
Pricing and Cap Rate Trends
Industry Rate Benchmark Trends
Should you have any questions or desire to discuss the sector with an H2C professional, information about the firm and how to contact us is presented at the end of the report.
Thank you for your interest in this publication.
Printed copies available upon request.
ABOUT HAMMOND HANLON CAMP LLC
Hammond Hanlon Camp LLC (“H2C”) is an independent strategic advisory and investment banking firm committed to providing superior advice as a trusted advisor to healthcare organizations and related companies throughout the United States. H2C’s professionals have a long track record of success in healthcare mergers & acquisitions, capital markets, real estate, and restructuring transactions, acting as lead advisors on hundreds of transactions representing billions of dollars in value. Hammond Hanlon Camp LLC offers securities through its wholly-owned subsidiary H2C Securities Inc., member FINRA/SIPC. For more information, go to h2c.com
REAL ESTATE INVESTMENT BANKING PRACTICE
The real estate investment banking professionals at H2C have successfully served as advisor for over 20 years on real estate transactions in excess of $12.5 billion nationwide. For more information on our real estate advisory group, please contact one of the adjacent H2C professionals.
Kelly T. Duong
Hammond Hanlon Camp LLC
623 Fifth Avenue
New York, NY 10022
3333 Piedmont Road
Atlanta, GA 30305
311 South Wacker Drive
Chicago, IL 60606
Philip J. Camp
Jay J. Miele
John P. Nero
Matthew T. Tarpley
Erik G. Cooper
4655 Executive Drive
San Diego, CA 92121