SCOTTSDALE, AZ—Like other real estate sectors, momentum began building for healthcare deals in July. Unfortunately, in the past 30 days, people have pulled back a little bit, John Chang, SVP of Marcus & Millichap, told the audience during the opening keynote session at GlobeSt.com’s Healthcare conference on Tuesday.
But prospects for healthcare and commercial real estate in general remain bright, he said. In fact, he thinks healthcare is in a better position than the other sectors. “Healthcare real estate is gaining ground, and we are seeing more money come into healthcare real estate than in other real estate sectors.”
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