When it comes to healthcare real estate, legislative threats and significant technological advancement has this sector of CRE optimistically on guard.
Soaring insurance costs, the volatility of the Affordable Care Act and continued efforts to chip away at it has fostered interest in moving healthcare treatments to lower-cost ambulatory care centers. But even if the political future of healthcare is murky, developers view the sector as a blue-chip industry due to growing health interests and needs spanning generations.
“Physicians don’t want to deal with insurance,” Princeton International Properties Corp. President and CEO David Tawfik said. “They would rather be practicing and have someone else handle the business.”