{"id":1004025573,"date":"2011-01-05T08:04:16","date_gmt":"2011-01-05T16:04:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004025573"},"modified":"2022-12-08T14:39:12","modified_gmt":"2022-12-08T22:39:12","slug":"demand-for-healthcare-real-estate-continues-to-grow","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/demand-for-healthcare-real-estate-continues-to-grow\/","title":{"rendered":"Demand for Healthcare Real Estate Continues to Grow"},"content":{"rendered":"<p>By Danny Prosky, Executive Vice President of Healthcare Real Estate, Grubb &amp; Ellis Equity Advisors L.L.C.<\/p>\n<p><a class=\"highslide\" href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004025574\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/demand-for-healthcare-real-estate-continues-to-grow\/danny-prosky-01\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg\" data-orig-size=\"3000,2000\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Danny Prosky 01\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?w=1024\" class=\"alignright size-medium wp-image-1004025574\" title=\"Danny Prosky 01\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg 3000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=1024,683 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=1536,1024 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=2048,1365 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=150,100 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=696,464 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=1068,712 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=1920,1280 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg?resize=630,420 630w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>There is no doubt the REIT market has received considerable attention in recent months as investors hoping to improve returns turn their attention to commercial real estate as a way to diversify, improve yield and capitalize on the opportunistic sector.<\/p>\n<p>As the Great Recession begins its slow recovery, many healthcare REITs in particular have reportedly begun ramping up to invest. Whether non-traded or traded, healthcare REITs are seizing the opportunity to acquire property in a robust commercial real estate sector as economic and demographic trends \u2013 due mostly to rapid growth and aging of the U.S. elderly population \u2013 reinforce all indications that the industry will likely continue to expand as it has been for the past two decades. There is also data to support this belief.<\/p>\n<p>According to the Bureau of Labor Statistics, the healthcare job sector is anticipated to generate 3.2 million new jobs between 2008 and 2018. That figure tops any other industry. The report also maintains that ten of the 20 fastest growing occupations are related to healthcare, and wage and salary employment in the healthcare industry is projected to increase 22 percent through 2018, compared with 11 percent for all industries combined. Another significant number is the total healthcare jobs gained in the U.S. since January 2008 has been approximately 800,000 &#8212; this employment growth despite the fact that the private sector has shed more than seven million jobs over the same time span.<\/p>\n<p>In addition to the demographic wave driving continued demand growth, the recent federal healthcare reform legislation is expected to provide medical insurance to more than 30 million Americans who currently go without. Whatever your political perspective on the controversial reform, there is no disputing that it will only add to the already burgeoning demand for healthcare services, which will likely lead to ever greater demand for healthcare-related real estate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Danny Prosky, Grubb &amp; Ellis Equity Advisors L.L.C.<\/p>\n<p>There is no doubt the REIT market has received considerable attention in recent months as investors hoping to improve returns turn their attention to commercial real estate as a way to diversify, improve yield and capitalize on the opportunistic sector. <\/p>\n","protected":false},"author":1445,"featured_media":1004025574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004025573","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Demand for Healthcare Real Estate Continues to Grow - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/demand-for-healthcare-real-estate-continues-to-grow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Demand for Healthcare Real Estate Continues to Grow\" \/>\n<meta property=\"og:description\" content=\"By Danny Prosky, Grubb &amp; Ellis Equity Advisors L.L.C.   There is no doubt the REIT market has received considerable attention in recent months as investors hoping to improve returns turn their attention to commercial real estate as a way to diversify, improve yield and capitalize on the opportunistic sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/demand-for-healthcare-real-estate-continues-to-grow\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2011-01-05T16:04:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:39:12+00:00\" \/>\n<meta name=\"author\" content=\"Danny Prosky\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2011\/01\/Danny-Prosky-01.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/\"},\"author\":{\"name\":\"Danny Prosky\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/3e9b7f3d2fa8f19749f784cd591ac432\"},\"headline\":\"Demand for Healthcare Real Estate Continues to Grow\",\"datePublished\":\"2011-01-05T16:04:16+00:00\",\"dateModified\":\"2022-12-08T22:39:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/\"},\"wordCount\":324,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2011\\\/01\\\/Danny-Prosky-01.jpg\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/demand-for-healthcare-real-estate-continues-to-grow\\\/\",\"name\":\"Demand for Healthcare Real Estate Continues to Grow - 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