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November - 2016
Written by: Robert Bach Director of Research - Americas | Newmark Knight Frank
The surprise election of Donald Trump as the 45th president of the United States is likely to have far-reaching impacts on the economy, capital markets and, by extension, commercial real estate. The nature of these impacts is more opaque than in most election cycles, because policy discussions took a back seat to personalities during the candidates' debates and speeches.
When leaders of Humber River Hospital set out to build a replacement hospital in Toronto, they didn't just want to incorporate the latest technologies, such as a real-time location system (RTLS), integrated bedside terminals, or automated guided vehicles (AGVs), into the 1.8 million-square-foot facility.
Senior housing has really been able to stand on its own two feet as a significant real estate class as of late, with more investors from outside the industry hopping on board. Seniors housing was the most attractive asset class for the second year in a row when compared to other commercial real estate sectors, including apartments, industrial, hotels, office and retail, investors said in a recent survey.
Although retail clinics are often touted as a means to reduce visits to the emergency department, retail clinics that opened near EDs had a minimal effect on the rates of low-acuity visits to them, according to the results of a study published in Annals of Emergency Medicine. An accompanying editorial suggests the primary effect of opening retail clinics is to increase healthcare use, not a substitute for visiting the ED.