H2C SPECIAL REPORT
Hammond Hanlon Camp LLC Fourth Quarter Medical Office Building Report: A Robust Year with Double-Digit Year-Over-Year Growth — What’s Ahead?
posted on March 6, 2018
NEW YORK — 2017 was the most active year ever recorded in the medical office building (MOB) sector by a large margin, with approximately $14 billion in sales volume comprised of 1,315 properties. The $2.5 billion increase over 2016 volume was a sharp rise for an industry that has received significant interest recently. The 21% rise in year-over-year MOB transaction volume is in stark contrast to other asset classes. In fact, all asset classes, other than industrial real estate, have experienced declines for two consecutive years as overall real estate transaction volume was down 7.0%. This marks the first consecutive years of declining commercial real estate (CRE) sales volume since 2008/2009. As highlighted in H2C’s Q2 and Q3 2017 reports, the asset class likely benefited from investors seeking a flight to quality away from retail and office sectors.
Inside the 4Q17 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.
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
4655 Executive Drive
San Diego, CA 92121