Chronicling Healthcare Real Estate’s Evolution

Imran Javaid

ATLANTA—The factors spurring healthcare real estate industry growth are also spurring its evolution. Without a retiring baby boomer generation and the Affordable Care Act, the healthcare industry would not be facing the pressure to change business as usual. Add technological advances to the mix and you see a rapidly changing—and ever-increasingly competitive—healthcare real estate scene.

“Thanks to the Affordable Care Act, we’ve seen the focus shift to the overall quality of outcomes for patients,” says Imran Javaid, managing director of Healthcare Real Estate at Capital One Bank. “Under the new rules, operators can be penalized for hospital readmissions within a certain timeframe, so it’s more important than ever that seniors housing operators focus on patient care, including updated technology and an engaged, well-trained staff. When we are assessing potential borrowers, we look for the best developers and operators who have a strong business plan for maintaining positive patient outcomes.”