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August - 2017
Emergency rooms are finding it difficult to keep up with demand, even with the steady growth in urgent care centers and freestanding Emergency Departments (ED's). According to the article, 29% of the population lives within 10 minutes of an urgent care enter, suggesting that much of the population will continue to rely on EDs.
Newmark Knight Frank's Global Healthcare Services team recently closed on the sale of the Ogden Clinic real estate portfolio located just north of Salt Lake in Ogden, UT. The four-property, owner-occupied portfolio was recently constructed and comprises 105,592 of rentable square feet.
NKF Global Healthcare Services is seeing a steady rise in healthcare M&A activity and expect this trend to continue for the foreseeable future. Our access to capital and deep experience with healthcare real estate has allowed us to help clients capitalize on these trends and navigate the many challenges. In the article below, Healthcare Finance sheds important insights into what's driving these trends.
Tech companies are eyeing the healthcare sector as innovation, like telemedicine and drones, mature and expose big opportunities to disrupt the status quo. We're already seeing this trend within the industry. While it's hard to anticipate all of the ways in which technology will impact healthcare, the article illustrates how impactful this trend could be in the near future.
