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Updated over 2 years ago on . Most recent reply
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Julien JeannotPoster
- CPA, Real Estate Broker & Investor
- Seattle & Woodinville, WA
- 1,041
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Diversifying in Medical Office Buildings
I'm looking to diversify my portfolio with Medical Office Building (MOB.)
I'd love to chat with active investors in that space to learn the ins and outs.
Any broker recommendations is appreciated.
Thanks!
Most Popular Reply
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I've done 2 medical office deals out here in AZ. The plan was to hold both but ended up having buyers come along who made me offers that I couldn't refuse.
I like the asset class because it felt somewhat recession proof, and if you find a more local "mom and pop" type tenant, the returns can be quite high. Of course risk is higher with these smaller tenants, so need to do plenty of due diligence on their business and get personal guarantees on the lease.