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Healthcare Real Estate Remained Resilient Despite the COVID-19 Pandemic
Dallas led Houston and Los Angeles for healthcare real estate development during the past year.
By
Marc Flynn
Published in
Healthcare Business
May 12, 2021
9:00 am
Marc Flynn (Courtesy of: ERE)
The COVID-19 pandemic reinvigorated our conviction in the resiliency and recession-proof nature of healthcare real estate, insight we initially gleaned from the 2008 financial crisis. The healthcare real estate sector is built to succeed and supported by strong fundamentals including long-term leases, specialized build-outs, stable occupancy, and high performing tenants, all of which are bolstered by growing demand for healthcare services.
Over the last year, we saw shutdowns in every industry. Despite closures in healthcare, not only in routine visits, but also in outpatient procedures, the healthcare sector remained a stable environment for providers and investors alike. Even with halts in the delivery of care