SCOTTSDALE, AZ-Four hundred commercial real estate professionals flooded the Phoenician on Wednesday to find out from the deal makers what's hot in healthcare real estate at RealShare Healthcare Real Estate. Players in the brokerage world, REITs, investment and finance, developer and healthcare real estate and hospital system leaders were on hand to share what they are seeing in the market.

David Wilson, EVP, Lockard Development Inc., moderated the opening Transactions Panel. The panel explored what lenders are looking for, what cap rates to expect and the most important rates and trends. Panelists also talked who's buying and selling and whether the mix is changing from the past. But the conversation kicked off with the all-important cap rate question.

“We think cap rates will remain stable the next 18 months because interest rates will probably remain stable,” said Chris Bodnar, an SVP of healthcare capital markets investment properties at CBRE. “There might be some tapering. Most analysts say Treasury rates have already priced in tapering soon to come. Even so, we don't expect a big change in interest rates in the near future. And a lot of lenders base rates on LIBOR, not Treasury, and that's actually gone down recently.”

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