Regional healthcare providers still need additional outpatient locations, but the economics of new construction have become increasingly difficult to justify. A different real estate approach may offer practices a more practical path to expansion.
AdventHealth and Intermountain Health are moving forward with a Denver-area joint venture that would unite hospitals, medical practices, clinics, urgent-care centers and emergency facilities under a coordinated regional network. The arrangement could have meaningful implications for healthcare real estate and future outpatient expansion across the market — but the full scale of the proposed system is what makes the deal particularly notable.
The joint venture includes 86 properties that are approximately 95% leased, giving Brookfield exposure to a sizable collection of established healthcare facilities with high occupancy levels.
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