The Best Ever CRE Show JF 4112: Healthcare Jobs, Medical Office Tailwinds, and Institutional Capital Flows with John Chang
Dec 7, 2025
Healthcare hiring is driving job growth, cushioning the economy amid setbacks in other sectors. As the aging population boosts demand for medical services, medical offices thrive with stable vacancies and long leases. The multifamily market shows mixed signals, with oversupply in the Sunbelt but strong demand elsewhere. Institutional capital is flowing back into commercial real estate, fueled by positive returns and increased competition expected by 2026. Overall, policy clarity is crucial for sustaining this momentum in the market.
AI Snips
Chapters
Transcript
Episode notes
Healthcare Is Carrying Job Growth
- Healthcare hiring has driven most recent job creation while other sectors are flat or negative.
- John Chang says without healthcare, the economy might already be in recession.
Medical Office Offers Durable Fundamentals
- Aging populations and persistent healthcare labor shortages will boost demand for medical office space.
- John Chang highlights stable ~9% vacancy, long leases, and modest rent bumps as durable fundamentals.
Target Long-Term Medical Tenants
- Seek medical office investments with long-term, in-place tenants and built-in rent escalations.
- Favor deals with heavy equipment tenants (e.g., MRI) because they lock in tenancy and reduce turnover risk.