CAPITAL CRISIS IS CREATING FRESH OPPORTUNITIES
By Murray W. Wolf
Malcolm S. Sina of DASCO Cos.
Healthcare Real Estate Insights™ photo
Although it might seem counterintuitive, the capital crisis is actually benefiting some healthcare real estate firms. Specifically, some hospitals and health systems have become more receptive to third-party development and investment as other, more traditional, sources of financing have dried up.
That’s according to Malcolm S. Sina, president and CEO of DASCO Cos., one of the nation’s largest healthcare real estate firms. Last month, Healthcare Real Estate Insights™ had an opportunity to sit down with Mr. Sina to discuss the healthcare real estate business in general, and his company in particular.
DASCO has long been a force in healthcare real estate. Since 1987, the firm has developed more than 3.5 million square feet of medical facilities worth more than $750 million, and it has acquired almost 1.5 million square feet of medical office buildings (MOBs) and other outpatient facilities valued at more than $250 million.
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