CREJ - Healthcare Properties - September 2016
Across Colorado, the health care properties market remains active – from a sale in La Junta to development in the Vail Valley to construction in metro Denver. This issue of Health Care Properties Quarterly takes a look at the activity happening within the market as well as emerging trends. CBRE noted in its first-half 2016 report that Denver is expected to remain at the forefront of national users’ expansion and capital investment plans. Likewise, Colorado Springs Commercial discussed the Southern Colorado city’s growing appeal to major providers as investments there have signaled the city no longer plays a distant second to Denver’s market. Multiple brokers also contributed to this issue with insights on the impact of the lease obligation standard on health systems and the emergence of tenant representation in the Denver market. Additional articles look at how wellness integrates into medical office buildings, community hospitals are meeting the need for access and convenience, and several contractors and architects also offer their expertise on the market, including answering the question, “Why health care?” Health Care Properties Quarterly also features a section dedicated to senior housing and care in Colorado. Gary Prager, who recently joined Hord Coplan Macht as principal to lead the firm’s senior living team in Denver, is highlighted in a profile article that shares details about his nearly 40-year career. The question of the month features responses from individuals outside of the senior living industry regarding senior housing. The answers offer a revealing look at public opinion on the industry, especially respondents’ reactions to the question, “When you think of senior housing, what is the first impression that pops into your mind?” The section also features construction starts, renovations, openings and sales within the Colorado senior community. This issue takes a great look at what is happening across the state’s health care properties market. I hope you enjoy reading it as much as I enjoyed putting it together. If you would like to participate in a future issue or have news to share, please feel free to contact me.