Boldt Recapitalizes 95K MOB

CHICAGO—The Affordable Care Act has been in the news a lot lately, but beyond the debate over enrollment numbers, most observers believe it has made medical office buildings even more appealing and fortified a long-term trend.

“The number of investors in the space has doubled or even tripled,” Jay Miele, managing director of Hammond Hanlon Camp LLC, tells GlobeSt.com. The firm advises healthcare organizations throughout the US, and recently helped Boldt Holdings LLC recapitalize the 95,043-square-foot medical office building attached to 353-bed Advocate Sherman Hospital in suburban Elgin. Boldt completed the facility in 2010, and owned it along with physician investors.