Healthcare and medical office have reputations as largely inflation-proof and good investments at almost any time. A number of events around the U.S. are showing that no property type is “safe,” even hospitals that are in Massachusetts, a darling of the industry.

Healthcare in the state — home to massive care systems and teaching and research institutions — is facing some difficult times. The Department of Public Health increased the risk rating of hospitals in the greater Boston area and the region to the northeast of the city to so-called Tier 3 created during the height of the pandemic. It is the most serious level based on spikes in diseases, emergency department usage, and bed availability in hospitals.

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Erik Sherman


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