Panel of industry experts foresees continued strength in the healthcare space
By John B. Mugford
The “State of the Market” panel included (from left to right): John Winer of Seavest, Andy Lawler of Cornerstone Companies, Chris Bodnar of CBRE, Ben Ochs of Anchor Health Properties, P.J. Camp of Hammond Hanlon Camp and moderator Murray W. Wolf of HREI. (Photo courtesy of InterFace Conference Group)
It sure seems that people’s opinions have changed about whether the country is headed toward an economic downturn by the end of 2020, as had been predicted at various times during the past couple of years.
As a result, optimism seems to be running high in many business sectors, including healthcare and healthcare real estate (HRE).
“Those fears (of a recession) seem to have waned,” said Philip J. “PJ” Camp, principal with New York-based Hammond Hanlon Camp (H2C), during the 10th Annual InterFace Healthcare Real Estate Southeast conference in Nashville on Nov. 19-20.
“There seems to be a fair amount of optimism over the economy about unemployment being low, interest rates being low, and the stock market certainly has performed well over the last number of months,” Mr. Camp continued. “So, I think it looks all clear at least for the time being.”
On top of the good news about the ongoing strength of the economy, the panelists said it looks as if:
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