ALIGN WITH HEALTHY HOSPITALS, HREI™ BOARD SAYS
By John Mugford
As 2008 came to a close, members of the Editorial Advisory Board of Healthcare Real Estate Insights™ were asked to talk about the future of healthcare real estate, concentrating on recession-laden 2009 and perhaps beyond.
It was quite evident that the board members had many things on their minds as they took part in the discussion. In fact, it was hard for them to focus solely on healthcare real estate with the economy mired in recession.
As the 19 board members discussed a variety of economy-related topics at the offices of Trammell Crow Co. in Dallas, they talked about the potential bailout or failure of the U.S. auto industry and some of the country’s biggest banks, President Obama’s potential plan for universal healthcare coverage, the dire straits of some hospitals, and other economic issues.
But they also discussed the potential upside of being involved in healthcare real estate at such a time, and about the strategies firms might want to consider in the coming year or years.
(In previous editions of HREI™ , we wrote about the board’s discussions concerning the current and future state of medical office development and acquisitions, and their take on the current credit market crunch. For more on those topics, please see the December 2008 and January 2009 editions of HREI™.)
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