CapitalSource's Steve Gilleland

CHEVY CHASE, MD-It is not easy to find a commercial real estateexecutive bullish on anything in the industry these days – unless thatexecutive happens to be focused on the health care asset class. MeetSteve Gilleland, a director within the Healthcare Real Estate Group atthe locally-based CapitalSource.

The company has just finished divesting itself of most of its health care assets in a $1 billion sale to Omega. That move, though, should not be interpreted to mean the company is exiting the category, which includes assisted living, skilled nursing and senior housing, Gilleland tells GlobeSt.com. Instead it will focus its fire power on health care first mortgage lending. In fact next year it plans to invest between $200 million to $300 million in such a manner.

GlobeSt.com: CapitalSource has gone through some changes over the pastfew years. Can you walk me through those to explain how you got toyour current strategy?