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.”
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.