IRA Capital announced that it acquired a medical outpatient building (MOB) portfolio from Healthcare Realty Trust, Inc.
The portfolio includes 24 buildings encompassing 1.52 million square feet across 10 states. Nothing else regarding the medical office buildings were disclosed.
IRA Capital is a Southern California-based private equity firm founded in 2010 that invests capital for its own account and on behalf of its co-investment partners, which include pension funds, institutions, and family offices. IRA invests in commercial real estate assets throughout the United States and also has a private equity/venture capital platform that invests in companies across various sectors.
Newmark brokered the sale of the portfolio. HR has been strategically selling assets as part of its “Healthcare Realty 2.0” plan that was initiated after the April 2025 hiring of Peter A. Scott as the president and CEO of the REIT. The parties involved in the deal would not disclose the price. Additionally, this transaction marks IRA Capital’s fourth acquisition of the year, and its first in the MOB sector.
According to data in the LevinPro HC database, this transaction marks the 226th MOB deal of the year. MOBs account for nearly 11% of the 2,137 healthcare transactions of the year. In the full year 2024, 213 MOB transactions were announced and 199 were reported in 2023.
