Just What the Doctor Ordered?

Sometimes the stars align when it comes to investment and development opportunities. That just might be the case for the US healthcare real estate market, which is becoming a major, sought-after business.

Estimates are that 79 million baby boomers are heading toward retirement. As people age, they require more medical services, which translates into the need for more medical space. Add to that the fact that healthcare reform is expected to insure millions of previously uninsured or under-insured individuals. As it stands pre-election, President Obama’s Affordable Care Act would be phased in over the next few years, and some experts predict this alone could spur demand for as much as 60 million square feet of additional healthcare space.