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GHS RECAP FROM THE 2016 REALSHARE HEALTHCARE REAL ESTATE CONFERENCE IN SCOTTSDALE

Written by GHS team members Kathleen Morgan & Trisha Talbot

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RealShare Healthcare Real Estate conference series was in Scottsdale, Arizona December 2nd & 3rd. There were over 400 in attendance. The beautiful resort and amazing weather offered a great opportunity for those in healthcare to grab a drink and listen and participate in enlightening panel discussions.

The panel discussions consisted of the following: Capital Update: Availability & Allocations, Healthcare Systems Consolidations: Strategies, Solutions and Opportunities and New Trends in Marketing & Leasing to name a few. Kathleen Morgan in the Newmark Phoenix office was a panelist on the New Trends in Marketing & Leasing. She spoke of how landlords in the Phoenix market work closely with hospital systems as they continue to purchase medical practices and navigate the real estate the hospital systems inherit when buying medical practices. In the Phoenix market landlords are successful in leasing their space with the goal of working with the hospital to help them with their real estate requirements. This includes being flexible on lease term, tenant improvement allowance and rights of first refusal. Medical practices are still drawn to real estate that offers the practice the space and layout needed, signage, and ample parking for patients.

Along with the panel discussions, RealShare allows real estate healthcare professionals to meet on a national level and compare trends in different markets. Hope to see you in 2016 in Scottsdale.

All information contained in this publication is derived from sources that are deemed to be reliable. However, Newmark has not verified any such information, and the same constitutes the statements and representations only of the source thereof, and not of Newmark. Any recipient of this publication should independently verify such information and all other information that may be material to any decision that recipient may make in response to this publication, and should consult with professionals of the recipient's choice with regard to all aspects of that decision, including its legal, financial, and tax aspects and implications. Any recipient of this publication may not, without the prior written approval of Newmark, distribute, disseminate, publish, transmit, copy, broadcast, upload, download, or in any other way reproduce this publication or any of the information it contains. This document is intended for informational purposes only and none of the content is intended to advise or otherwise recommend a specific strategy. It is not to be relied upon in any way to predict market movement, investment in securities, transactions, investment strategies or any other matter.

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