Any medical facility likes to hear about improving conditions. That's exactly what medical office buildings are experiencing: improved fundamentals that make property owners, investors, and operators healthy.

Colliers has a Q3 2022 report on healthcare real estate that covers performance in the top 100 U.S. markets. "Despite economic concerns and industry challenges, the medical office property sector (MOB) continues to go from strength to strength, setting record highs for asking rents, sales volume, and pricing over the past four quarters," read the report's overview. "Demand is outpacing supply, vacancy remains tight, and capitalization (cap) rates have remained relatively stable. As a result, development activity is gaining momentum, reflecting confidence in the sector."

But it comes with a caveat: the healthcare industry they depend on isn't feeling so rosy. Pricing pressures are under way, and MOB owners that could mean monitoring and potential course of treatment.