Lorie DamonSAINT LOUIS, MO–The healthcare facilities real estate sector continues to experience an upswing as the industry rides a demographic tailwind: namely, a population that is living longer resulting in a flurry of healthcare needs and facility usage.
“Medical office space will continue to be a very favorable asset among investors,” says Lorie Damon, Managing Director and Americas leader of Cushman & Wakefield's Healthcare Advisory Group. “Spending on healthcare has increased and there is a very strong demand for buildings that are equipped to handle a strong technical infrastructure, diagnostic equipment, backup generators, etc.”
“There is a lot of capital chasing a finite number of deals,” Damon tells GlobeSt.com. “Plus there is a limited amount of good deals.”
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