Developers discuss how to achieve those goals during InterFace HRE Carolinas conference
By John B. Mugford
The InterFace HRE Carolinas developer panel included (from left to right): moderator Thorn Baccich of Flagship Healthcare Properties, Alan Jenkins of Meadows & Ohly, Chris Socha of Edifice, Neil Dixon of FMK Architects, Bret Muller of Capital Associates and John Stubbs of Davis Moore. (Photo courtesy of InterFace Conference Group)
As the business of developing healthcare real estate (HRE) facilities, including medical outpatient buildings (MOBs), has become more mainstream over the years, it has attracted more institutional capital to invest in such projects.
Although this has indeed boosted the HRE industry from being thought of as a niche real estate asset class to, perhaps, a major “food group,” if you will, it has also led to a reduction in yields that developers often receive from building their projects.
During a panel session focused on HRE development at the InterFace Healthcare Real Estate Carolinas Conference in late May in Charlotte, the panelists discussed – among several other topics – how their firms go about increasing their yields on projects.
Thorn Baccich, executive VP of development with Charlotte-based Flagship Healthcare Properties LLC, a longtime HRE firm, moderated the panel session, which was titled, “What Kinds of Development Deals Will Happen in 2025 – and How Will They Be Underwritten, Financed and Executed On?”
“Let’s talk about the capital that’s driving healthcare development,” Mr. Baccich began.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
