COMPANY SAYS IT CAN BRING NEW CAPITAL TO HOSPITALS AND HEALTH SYSTEMS
By John Mugford
Brian Jenkins
There is consensus among healthcare real estate professionals that hospitals and health systems need financial help and consultation now more than ever. Not only are admissions down because of unemployment, but many providers took a hit in their investment portfolios during the past couple of years.
As a result, many hospitals and health systems are looking for new ways to raise capital.
Enter into this arena the New York-based medical real estate division of U.K.-based Savills plc, which says it is the world’s third largest real estate services company. The medical real estate service line had its start several years ago as Granite Partners in New York, which Savills later acquired.
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