TODAY’S LULL WILL ONLY DELAY THE INEVITABLE, CONFERENCE SPEAKERS PREDICT
By Murray W. Wolf
Alex Young of MSP Commercial speaks to nearly 270 attendees at the recent
Healthcare & Medical Properties Conference. Looking on are (from left to
right) Mark Davis, Jill Rasmussen and Michael Sharpe of The Davis Group.
HREI™ photo
Medical real estate development and investment might be experiencing a lull in many geographic markets right now, but the healthcare sector will be busier than ever when the U.S. economic recession ends.
That was the upbeat prediction made by a panel of developers that spoke during the “Minnesota Healthcare & Medical Properties Conference,” held March 31 in the Minneapolis suburb of Golden Valley, Minn. The event, which was presented by the Chicago-based Real Estate Communications Group, drew nearly 270 attendees.
The panel, titled “Developing and Investing in Healthcare Facilities,” included Jill K. Rasmussen and Michael S. Sharpe of The Davis Group and Alex A. Young of MSP Commercial, two Twin Cities-area firms specializing in medical real estate. The panel was moderated by Mark A. Davis, president and founder of The Davis Group.
Although the panelists all haled from the Minneapolis area, their comments echoed what we at Healthcare Real Estate Insights™ have recently heard from medical property developers and investors nationwide.
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