Baptist Health Debuts Massive Boca Raton Hospital Addition
Why this matters
Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.
Editorial analysis · Real Estate Trail Editorial
Patients in Palm Beach and Broward counties now have expanded access to advanced specialty care close to home with the opening of the new Gloria Drummond Patient Tower at Boca Raton Regional Hospital, part of Baptist…
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