What is your firm’s investment strategy when it comes to freestanding EDs?
“(FEDs) are not something we’ve pursued as much… It’s just a really high-priced per square foot development cost. Even if you’ve got a health system anchor, if you’re in a non-CON state, at the end of that lease term, you can just build something across the street without anyone stopping you. That kind of gives hesitation from the investment perspective of pursuing those facilities.”
Nathan Golik, VP, Acquisitions Healthcare, Carter Validus, speaking at the CapRate Events Chicago & Midwest Healthcare Real Estate Summit June 18 in Chicago.
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