Market Snapshot: Medical real estate firms still love L.A.

BUT CALIFORNIA’S TROUBLED HEALTH SYSTEM CASTS DOUBT OVER THE FUTURE

By Murray W. Wolf

The Los Angeles area has enjoyed a sustained healthcare real estate boom in recent years. That’s been a godsend for medical real estate developers, lenders, investors, brokers, designers, builders and other professionals – especially those who anticipated the opportunity and were positioned to capitalize.

Indeed, many healthcare real estate firms staked their futures on the L.A. market. So far, it’s been a winning bet. With more than $3 billion in medical projects planned or under development, simply finishing what’s already in the pipeline should keep them busy for at least several more years.

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