Medical office buildings (MOBs) offer investors defensive income characteristics combined with demographic tailwinds from an aging population and healthcare industry growth.
Sector Strengths
- Sticky tenants with high buildout costs
- Essential service with recession resistance
- Aging population drives healthcare demand
- Limited new supply in core markets
Underwriting Considerations
MOB investing requires understanding of healthcare industry dynamics, reimbursement trends, and the specific needs of medical tenants including infrastructure and accessibility requirements.