This Week in Healthcare Real Estate – 11.3.17

This Week’s Top Healthcare Real Estate News

How Changing Demographics Are Changing Hospital Systems
It is hard to speak to a healthcare executive for long without hearing about how baby boomers are beginning to hit the age when they will need more medical care and spend more time in healthcare facilities. But the generation that is dominating the conversation in other real estate sectors, the millennials, is also coming for healthcare in more ways than one… Biznow

Healthcare Changes Increase Need For Large MOBs
As the healthcare industry consolidates, it is moving away from the individual practitioner office that was historically housed in woody walk-up facilities and toward product that is consistent with health systems’ brand, Meridian’s CEO John Pollock tells GlobeSt.com. In many cases, this means a move to larger medical-office buildings, clearly a step up for the healthcare real estate sector… GlobeSt.com

Next Steps for Health Care
JLL recently predicted that the U.S. health-care real estate industry is slowly transitioning from an alternative sector for institutional investors to a mainstream asset class attracting a variety of investment. The sector’s growing popularity among investors is evident in the increasing number of health care transactions and new supply coming online… Commercial Property Executive

Hospitals add 2.8k jobs in October
The healthcare industry added 21,500 jobs in October, with hospitals contributing 2,800 to that total, according to Friday’s jobs report from the Bureau of Labor Statistics. This is not far from the industry’s average monthly gain of 24,000 jobs so far in 2017, according to the BLS. However, it is about 10,000 less than the industry’s average monthly gain of 32,000 in 2016…Becker’s Healthcare

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This post originally appeared on The Tenant Advisor.

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