SCOTTSDALE, AZ—This year in the medical office real estate industry there has been several large portfolio sales that have been the result of the aggregation of single assets and smaller portfolios. That is according to Chicago-based Erik Tellefson, managing director of Capital One Healthcare Medical Office/Medical Properties Loan Originations segment.
Tellefson, who will be a speaker at the upcoming RealShare Healthcare conference here in Scottsdale in December, tells GlobeSt.com that from a lender's standpoint, this is a positive development. “While we remain very happy to finance single assets and smaller portfolios, larger diversified portfolios are often very strong credits and diversify any risk inherent in the assets.”
He also notes that this trend is positive because it validates the aggregation strategy many of the company's borrowers and overall medical office investors have been pursuing. “Capital One continues to support the medical office and medical properties sector, and we look forward to continuing to grow with the industry. As a lender this has been our most robust year and we anticipate even more growth in transactions and development in the near future.”
From a technology perspective, Tellefson says that tele-health has become more prevalent in the healthcare market today. “We view this as a positive shift for the medical office industry as the likely result from these services is that patients end up going in for treatment to a hospital or medical office setting.”
He adds that the response to consumer preferences, whether spurred by technological advances or just in general, has been the ongoing movement of healthcare into the suburbs and closer to the end user.
For more information on healthcare real estate news, join us at REALSHARE HEALTHCARE in SCOTTSDALE, AZ, from Dec 5-6, 2018. This event brings together the best and brightest in the healthcare CRE industry as developers, owners, investors, brokers, and financiers convene to discuss the top trends in healthcare real estate. This conference is powered by GlobeSt.com, the go-to-source for healthcare real estate news and analysis. To register for REALSHARE HEALTHCARE, please visit
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
