America’s aging population continues to drive demand for medical services, and that, in turn, is helping fuel activity in the medical office development pipeline. That’s on top of an also robust market for investment sales for the sector, WealthManagement.com reports.
The industry saw $7 billion in capital investment in medical operations in 2021 and expects to see a big portion of that in 2022, according to Todd Perman, vice chairman of global healthcare services for Newmark. That’s driving a demand for space and more buildings. Read more.