Deal flow is slowing in the healthcare sector – but a "tidal wave" of equity will hit soon the market, according to one executive.
"With all the money raised on the sidelines, we expect to see an ebb over the next 6 to 12 months and eventual tidal wave flow of equity into the market as distressed assets and CMBS resets hit a wall over the next few years," says Paul Mullin, Co-Founder and Principal – Flatiron Development Group, in an exclusive interview with GlobeSt ahead of next month's healthcare conference in Scottsdale, Ariz., where he'll participate in a panel on the future of healthcare.
Mullin says the sector remains incredibly strong and resilient heading into 2023 as boomers age into a greater range of healthcare service, buoying demand.
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