Feature Story: HRE lenders are optimistic

InterFace capital markets panelists discuss the state of lending in the space

By John B. Mugford

The InterFace HRE West investment panel included (from left to right): Steve Reedy, moderator John Chun, Kurt Hackett, Katelyn Girod, Nick Ito and Jesse Greshin. (Photo courtesy of Interface Conference Group)

As Richard “Rich” Kelley noted, “No topic has been more discussed in commercial real estate over the past 12 months or longer than the capital markets, with much of the discussion centered on interest rates and the lack of debt financing available in the market.”

Mr. Kelley, senior VP of Atlanta-based InterFace Conference Group, made his remarks while introducing a panel of professionals involved in HRE capital markets at the recent InterFace Healthcare Real Estate West conference at the Omni Los Angeles.

“Well, we’re going to tackle that topic right now with our panel titled, “Capital Markets Outlook: Who’s Still Lending and For What Kind of Deals?”

As the panel’s moderator, John Chun, a senior managing director and Medical Properties Group leader with Jones Lang LaSalle Inc. (NYSE: JLL), noted, “People are well aware that the debt markets have been challenging from the standpoint that there have been a number of banks that have been pushed to the sidelines due to some regulatory requirements,” as well as a number of other factors.

For the most part, although the panelists did acknowledge that

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