Feature Story: HRE CEOs have plenty to be concerned about

But good fundamentals and innovation will bolster the sector, BOMA panelists say

By John B. Mugford

From bank failures and uncertain capital markets to “broken” regulatory policies and healthcare employee burnout, today’s healthcare real estate (HRE) CEOs face many thorny issues. But they also remain confident about the long-term prospects of their business.

That was the essence of a recent “fireside chat” involving high-level executives from four of the largest companies in the HRE space.

One of those executives was Shankh Mitra, CEO of Toledo, Ohio-based Welltower Inc. (NYSE: WELL), by far the largest publicly traded healthcare real estate investment trust (REIT) in terms of market capitalization. Upon being asked what about his concerns, Mr. Mitra said,

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