With limited new MOB supply in Denver and growing demand, St. Joseph Medical Pavilion, a 99,503-square-foot medical outpatient building, is well positioned to benefit from strong leasing momentum in the market.
The properties are situated in some of the fastest-growing metropolitan areas in the United States, where strong population growth and favorable demographic trends continue to drive long-term demand for healthcare services.
A larger senior population does not necessarily lead to higher assisted living adoption. Research from the National Investment Center for Seniors Housing & Care found that markets with similar numbers of older adults can show dramatically different penetration rates depending on their economic foundations, consumer awareness, workforce capacity and public policy environments.
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