Expert Analyses of the following article:
Aging Baby Boomers Will Drive Demand for Healthcare Properties Over Next Decade, Grubb & Ellis Report Reveals
Source: www.bio-medicine.org
July 1, 2008Boomers numbers and demands point to increased demand for medical real estate
Author: Glen McDaniel, MS, MBA, President and Chief Executive Officer, GM Global
Baby boomers are rapidly aging. According to Census Bureau by 2010 there will be 77 million people aged 55 and older; a number which will grow to a whopping 98 million by 2020. This aging population, living longer with chronic illnesses and more demanding of cafeteria-type service will drive the demand for medical services and more medical real estate into the forseeable future.
April 4, 2008There will be significant growth in Healthcare Real Estate in the next ten years. But in what areas?
Author: Richard Baland, Partner, B2B CFO
For one reason, this industry has outperformed the commercial average for the most recent eight years. Secondly, demographics are driving medical services. More of the population is aging. People are living longer. And Medical technology is improving at a rate that provides new and better healthcare services. Thirdly, there is never a down year for Healthcare space. Whether there is a recession or...
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