News Roundup: Healthcare and Industrial Outlook in 2019December 6, 2018
The Latest Commercial Real Estate News From Liberty SBF
The 2019 Outlook for Industrial: Strong, Not Stronger
The industrial sector dynamics suggest that there’s still growth to be had in 2019, but that it’s unlikely that 2019 will be a stronger year for industrial than 2018 was, Geoffrey Kasselman of Newmark Knight Frank tells RE Journals.
In a New York, Nashville and Phoenix State of Mind
Industrial real estate is performing at record levels across the country. But New York City – specifically the boroughs of the Bronx, Queens and Staten Island – Nashville and Phoenix are the top three markets, reports View the Space.
Liberty Finances More Than $18 Million in Projects in New York, Tennessee & Arizona
Liberty has recently provided more than $18.9 million in financing for the acquisition of properties in New York, Tennessee and Arizona.
Surgery Centers on the Rise
As convenience becomes a priority in healthcare, more and more patients are opting for treatment in smaller facilities rather than large hospitals. Surgery centers have grown 82% since 2000, and the number of hospitals and ambulatory surgery centers in the U.S. is now almost equal. This growth is expected to continue into 2019, GlobeSt reports.
Liberty Provides More Than $14.2 Million in Healthcare Sector Financing
Liberty provided more than $14.2 million in SBA 504 loans to projects in the healthcare sector in 2018, including a skilled nursing facility in Tucson and a medical facility acquisition in Miami.
Fundamentals Are Key for Midwest CRE in 2019
Though it’s unclear how politics, oversaturation and interest rates will affect the commercial real estate landscape in 2019, the strength of Chicago’s economy means the devil is ultimately in the details of each particular deal, notes RE Journals.
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