In the first half of 2025, the healthcare real estate sector remained fundamentally strong, driven by steady demand for healthcare services, an aging population, and the continued shift to outpatient care.
Capital market activity rebounded following a quiet 2023-2024, though H1 2025 saw a dip in transaction volume and a rise in cap rates amid ongoing interest rate normalization. Despite these headwinds, institutional and private investors remained active, attracted by the sector’s resilience and strong fundamentals. Overall, healthcare real estate demonstrated durability and investor appeal in H1 2025, with positive momentum expected to continue into the second half of the year.
BGL’s Healthcare Real Estate Market Update highlights activity and industry trends in the medical outpatient real estate and REIT sectors and provides year-to-date transaction activity by region. BGL remains committed to informing clients of the current state of the healthcare real estate market and is always available to discuss appropriate strategies and financial alternatives with its clients and prospects.
For your complimentary copy, reach out directly to BGL Managing Director Sean Maynard using the form below.