2022 Healthcare Real Estate Round-up
LATEST NEWS
Healthcare real estate transaction volume reached $25 billion in 2022, the 8th consecutive year it has exceeded $10 billion.
It should be noted that this number is inflated due to the merger of two large publicly traded healthcare real estate investment trusts (REITs), Healthcare Realty Trust (NYSE: HR) and Healthcare Trust of America (HTA). Removing this Q3 transaction from the equation, sales volume for 2022 was $15.5 billion. Although slightly down from the record-breaking heights of the previous year, where transaction volume surpassed $18.5 billion, there are plenty of reasons to be optimistic about the future of the healthcare real estate market where the fundamentals remain remarkably strong.
The demand for outpatient health services continues to grow as a result of the aging demographics in the U.S., and an increase in elective-based procedures being performed in an outpatient setting, such as an Ambulatory Surgery Centers (ASCs) and short-stay specialty hospitals. By 2030, every baby boomer will be aged 65 or older accounting for 20% of the total population. ASCs continue to perform more than half of all U.S. outpatient surgical procedures, and they can expect to see greater volumes as the number of outpatient procedures is set to increase by an estimated 15% by 2028.
Your Trusted Healthcare Real Estate Partner
CREG | U.S. HEALTHCARE INVESTMENT SALES
Andrew R. Larwood
Managing Partner & Principal
m: +1 (770) 845-2091
andrew.larwood@capitalre.com
Allen C. Inman
Managing Partner & Principal
m: +1 (404) 550-7897
allen.inman@capitalre.com
Joshua D. H. Rees
Managing Partner & Principal
m: +1 (858) 312-0657
josh.rees@capitalre.com