By Kristena Hansen
Phoenix Business Journal
While the looming “fiscal cliff” would have daunting implications for real estate should bipartisan negotiations in Washington fall by the wayside, there is one sector of the market that could emerge virtually unscathed: medical space.
The medical real estate sector has long been in the shadows of its more well-known commercial cohorts, such as office, retail and industrial space — that is, until this year.
With roughly 30 to 40 million new individuals nationwide set to be insured next year alone under the Affordable Care Act, aka Obamacare, experts say the medical office market is poised to see high demand, growth and long-term stability over the next several years regardless of whether the national economy, and other real estate sectors, goes off the “cliff.”
