Vital Signs: 2025 Healthcare Update

Portfolios Outpace Single Asset Sales

CAPITAL MARKETS

• Excluding mergers, portfolio sales are outpacing single asset sales. Portfolio deal volume totaled $3.1 billion through the third quarter of 2024, up 54% from the same period in 2023. Significant portfolio transactions include the Unity Medical Properties purchase of nearly 50 HealthPeak properties for over $674 million in the third quarter. • Single asset sales totaled $2.9 billion through the third quarter of 2024, nearly half the volume from the same period in 2023. One example is the sale leaseback of OrthoNebraska’s specialty hospital asset for $39.5 million in October 2024.

$8

$7

$6

$5

$4

$3

Billions

$2

$1

$0

Single Asset

Portfolio

Source: RevistaMed, Cushman & Wakefield Research

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