Real estate investment trusts' investments in the hospital sector have substantially increased in the past few years, according to an Irving Levin Associates report.
In 2014, there were three REIT-backed hospital deals reported. The pace picked up in 2015, when there were six REIT-sponsored deals announced, according to the report.
In the first nine months of this year, six REIT-backed transactions were reported. Tampa, Fla.-based Carter Validus Mission Critical REIT made four acquisitions, while Birmingham, Ala.-based Medical Properties Trust and Toronto-based Medical Facilities Corp. were involved in one transaction each.
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