Farrell Fritz Partner Michael L. Webb was recently quoted in GlobeSt.com’s in-depth analysis of today’s medical office building market.
Despite record-high rents, strong pricing, and exceptional loan performance, sales of medical outpatient buildings have fallen to their lowest level in a decade. Industry experts point to political and economic uncertainty, higher interest rates, and limited buyer capacity as the primary drivers behind the slowdown.
Michael shares in the article that he is already seeing increased commercial real estate activity during and after Q3, and is closely watching how Q4 closes out.
Read the full article here: Why Medical Outpatient Building Sales Are Slumping Despite Record Rents