The healthcare real estate climate is changing, with hospital systems juggling the need for seismic retrofitting, all while trying to develop new space to deal with the influx of patients from the ACA. The big question is: Where is the money going to come from?
The only thing not up for debate is that business is booming. That’s what our panelists (Degenkolb principal Anuj Bansal, Health Care REIT VP Kevin Kirn, Partner Engineering & Science president Joseph Derhake) had to say at Bisnow’s 4th Annual Los Angeles Healthcare Real Estate Summit Thursday at the JW Marriott at LA Live. Kevin says hospital systems are now looking at outside capital to help with real estate development because hospital CFOs have other financial priorities, such as M&A and hiring the best talent.
Continue reading the Bisnow article here.