Commercial real estate is facing tough challenges in 2023. Rising interest rates, a decline in demand for office space, potential loan defaults on commercial mortgage-backed securities (CMBS) — these are trends we’re seeing play out in markets across the country, and they are contributing to what has widely been characterized [...]

Despite the economic uncertainty and inflationary pressures, we continue to observe the health care real estate market as a resilient asset class. While the investment sentiment has dipped slightly since we initially started tracking local medical dispositions in 2020, there still remains some appetite for MOB’s especially with 1031 buyers. [...]