This is an HTML version of an article that ran in the April 2014 issue of Real Estate Forum. To see the story in its original format, click here.

If slow and steady wins the race, then healthcare real estate has been racking up the trophies. Despite the uncertainty and concern over healthcare reform, the Affordable Care Act, the recent economic downturn and rising interest rates, healthcare has maintained consistent returns for investors and has even managed to grow at a time when other sectors were experiencing catastrophic losses. The combination of aging Baby Boomers needing more healthcare, consolidation among practices and the sea change of health systems seeking more cost-efficient operations has led to an increasing number of healthcare real estate investment opportunities producing steady profits. That's saying a lot for an element of an industry still catching its breath from the Great Recession.