We are in the middle of an undeniable surge in growth that will help Medical Commercial Real Estate rise by as much as 67% in the coming decade – due primarily to the aging U.S. population. For investors these facts make an undeniable case for investing in medical real estate now – and holding for the long term.
The facts and numbers show the 65-and-over population is expected to DOUBLE by the year 2060, and the 75-plus and 85-plus age groups are projected to grow at an even faster rate!
We are also going to witness the continued rise of health care expenditures right through to 2024. Millennials heavily favor reform to healthcare, more so than any other generation, and expect to see that result in MORE people having access to medical providers. This is without doubt a great time to invest in medical real estate.
As our country ages we will also experience social and economical changes that are new to American business. The Financial Times offers us an interesting gimps into this coming change and its possible affects.
Another SOLD! We just close escrow on a fantastic medical property in Poway originally offered at $1,450,000.
Suite C1 and C1B at Pomerado Medical Center offering over 3,500 square feet of prime medical space right in the heart of North County San Diego’s medical district. This client made a very smart choice investing in a proven property, with an excellent income history and a bright future.
Medical properties are having a great year of growth and we expect that to only get stronger as we move into 2016 and towards 2017. This is a great time to consider commercial property as a long-term investment strategy that will outperform residential property in the next decade!