Healthcare Offers a Counter-Cyclical Investment

The four properties are within San Antonio and the South Texas medical community.

SAN ANTONIO—Demonstrating the need for medical facilities amid an aging population and the notion that healthcare is somewhat separate from leading indices and investment decisions, medical office buildings continue to be popular with investors. One such example is a portfolio of four on-campus medical office buildings totaling 423,411 square feet. The portfolio has been acquired by MLL Capital, a Boston-based commercial real estate investor focused on medical office, laboratory and life sciences properties across the country. Terms of the deal were not disclosed.

“Healthcare real estate is a counter-cyclical investment opportunity, offering some of the best risk-adjusted returns at this point in the economic cycle,” said Kyle O’Connor, president and founder, MLL Capital. “This acquisition is representative of our strategy of focusing on opportunistic and value-add investments in this sector, and repositioning them to attract and retain high-quality tenants.”