Your Shopping Cart
No Items
As the festivities come to an end, Newmark Global Healthcare Services would like to thank our clients, team members, Newmark and Cantor Commercial Real Estate for a great WM Phoenix Open. We asked Garth Hogan, executive managing director of Global Healthcare Services to give us a short high level overview of the biggest trend impacting healthcare real estate today on a national basis. His response:
Taking a broad look at this question on a national basis there are a number of changes trending in healthcare real estate. As hospitals continue to consolidate into regional and national health systems, we’re finding that the C-Suite is really starting to take notice of how real estate impacts the overall capital stack and ultimately has an effect on credit ratings and cost of raising money through the bond markets. This has created demand for high level real estate strategy and implementation, which has resulted in improved utilization of space and in some cases, monetization of assets.
In addition to better utilization and monetization of real estate, hospitals and health systems are starting to look at new construction to build medical office buildings that address both the increased aging population and additional insured patients through the Affordable Care Act (ACA). Outpatient ambulatory care strategy is becoming an important part of any hospital executives day. How they deploy this strategy and speed to market, will become a defining factor of future success for providers.
Posted on 02/02/2013 at 12:00 AM
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.
