The healthcare segment of the real estate industry took on greater challenges during the pandemic when hospitals and medical offices and their staffs were inundated with patients, and field tents had to be erected in many markets to cope with the tremendous overflow.
But now that life has moved back to a more even keel, Colliers Capital Markets and writer Aaron Jodka took a look to see how it's performing and what trends pose continued and new demands. Historically, the healthcare sector moves at a slow and steady pace versus the more volatile cycles occurring in other asset classes. And that's primarily because demand for medical care never disappears.
That said, after the three-plus rough pandemic years, its fundamentals are now described as relatively healthy, according to Shawn Janus, National Director, HealthCare. And one part of the sector—medical offices—have low vacancies and improved rents in recent quarters, different from other real estate assets.
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