On January 15, IRA Capital announced that it purchased a medical outpatient building (MOB) in Wilmington, North Carolina from Healthpeak Properties, Inc. The price is $17 million.
Constructed in 2006, the MOB comprises 37,000 square feet. It houses an EmergeOrtho practice location, one of the largest orthopedic groups in the United States. The price is just more than $459 per square foot.
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.
The property was initially purchased by Healthpeak Properties in 2017 for $15 million. This marks IRA Capital’s first acquisition of the year.
According to data captured in the LevinPro HC database, this marks the 12th MOB transaction of 2026. There were 230 MOB acquisitions reported in 2025, and 213 reported in 2024. So far, announced spending in the MOB sector totals more than $150.1 million across eight deals with a disclosed price.
