A Medical Office Portfolio Positioned for Long-Term Demand
RMR’s medical office properties serve as an essential component of today’s healthcare delivery system. Our properties support industry-leading healthcare providers by providing high-quality facilities that are professionally managed by a team with specific expertise in outpatient facility operations. Our portfolio is located in markets with powerful demographic tailwinds and durable affordability trends that will support strong future demand and growth.
Our track record
Our portfolio includes a diverse mix of medical office buildings and outpatient facilities designed to support a wide range of clinical services across core acuity levels primary care, specialty care, diagnostics and ambulatory surgery. RMR manages healthcare and life sciences real estate on behalf of its private and public capital partners, including Diversified Healthcare Trust (Nasdaq: DHC). To learn more about DHC, visit dhcreit.com.
properties
square feet
medical office assets under management*
As of February 23, 2026. *Total healthcare portfolio AUM: ~$6.3B
Medical office remains a resilient growth engine
Demographic Tailwinds
The U.S. population aged 65+ is projected to reach 70 million by 2030, dramatically increasing the need for outpatient services, chronic care management and accessible medical facilities. This generational shift supports long-term fundamentals for MOBs.
Outpatient Care Expansion
Healthcare systems are rapidly transitioning from inpatient to outpatient care models to reduce costs and improve patient access. This shift is generating strong demand for well-located, purpose-build MOBs with major health system affiliations.
Stable, Long-Term Tenancy
MOBs maintain occupancy rates above 93% in top markets, driven by essential services, specialized tenant improvements and long-term leases that promote stability and predictable cash flows. Medical practices are more reluctant to move locations to maintain continuity with their patient bases resulting in ‘sticky’ tenancy and more predictable occupancy.
Our approach
RMR’s medical office platform is built on expertise, tenant alignment and disciplined execution – ensuring long-term performance in a sector where reliability and clinical functionality are paramount. Each asset is strategically located to provide accessibility and convenience for patients and providers alike.
Our team deeply understands clinical operations, facility compliance and the specialized needs of medical tenants. We develop tailored property management strategies for every asset to optimize operational performance to what best supports patients, staff and care delivery models.
We partner with leading regional and national healthcare providers and purposefully foster these relationships to enhance performance, enable scaling of services and drive proprietary growth opportunities.
Top 10 Health System Relationships:
- Advocate health
- Hawaii Pacific Health
- NYU Langone Health
- Sentara Health
- Covenant Health
- University of Kansas Health System
- Franciscan Health
- Ascension
- Penn State Health
- Wellstar Health System
Our MOBs are concentrated in markets with expanding populations in the upper age cohorts, strong healthcare employment and employment growth and major health system presence that offer firm foundations for long-term demand stability and rent growth.
From building systems to capital planning, we ensure that every MOB meets the operational and regulatory demands of modern healthcare and an environment that supports highest-quality care, patient trust and provider satisfaction.
Our properties
Why RMR Medical Office
RMR's medical office strategy combines healthcare-specific real estate expertise with the strength of an institutional, vertically integrated system of operating performance.
Value Creation Through Targeted Capital Investment
RMR's in-house expertise allows us to deploy capital to generate outsized return on investment from building improvements, expanding clinical capabilities and supporting tenant growth. Thoughtful investments in infrastructure, interiors, accessibility, and sustainability improve tenant satisfaction, strengthen market competitiveness and long-term asset value.
Deep Expertise in Healthcare‑Aligned Real Estate
RMR understands the specialized needs of medical outpatient environments - from clinical workflows and space functionality to regulatory considerations and patient-access requirements. This expertise guides our long-term planning, leasing strategies, and facility improvements , to ensure each facility meets the expectations of today's healthcare providers and patients.
Data-Driven Portfolio Intelligence & Analytics
RMR's integrated data systems analyze demographic shifts, tenant movements and emerging healthcare delivery patterns to inform strategic decision-making. The proprietary insights apply to both the real estate and healthcare demand drivers, delivering a competitive edge in positioning our MOB portfolio for consistent performance.
Strong Relationships, Durable Portfolio Performance
Our emphasis on building long-term relationships with healthcare providers and physician groups, supports tenant retention, ensures continuity of patient care and fosters alignment during renewals, expansions, and capital upgrades. These relationships translate into stable occupancy, revenue growth, consistent performance and proprietary expansion opportunities.
More from our portfolio
Seeing potential first is what sets us apart. In every market we serve, we move early, think boldly and turn possibility into long-term value.
The information appearing on RMR’s website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in forward looking statements. The information contained in DHC’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in DHC’s periodic reports and other filings, identifies important factors that could cause DHC’s actual results to differ materially from those stated in DHC’s forward looking statements. DHC’s filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on DHC’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.
The RMR Group turns overlooked assets into outperformance. With ~$40B under management, 1,000+ real estate experts and a 40-year track record, we don’t wait for the market — we shape what’s next, because Potential isn’t patient.
The Firm
Businesses
Our Platform
Insights
The RMR Group turns overlooked assets into outperformance. With ~$40B under management, 1,000+ real estate experts and a 40-year track record, we don’t wait for the market — we shape what’s next, because Potential isn’t patient.
Copyright © 2026 The RMR Group
Copyright © 2026 The RMR Group
