April 19, 2016
As seen in this article, "All told, 20 panelists turned out last week for the Rutgers Center for Real Estate's Future of Healthcare Real Estate Symposium in New Brunswick, from health care executives and consultants to developers and public officials.
They were asked to offer insights on a case study involving a potential acquisition by a fictional entity known as Halstead Healthcare System, a dominant provider that was weighing its growth options and considering the acquisition of an urban hospital and its real estate assets.
Below is a sampling of comments from speakers as they went through the case study and discussed broader trends in the health care and real estate industries:
Sills Cummis & Gross attorney Ted Zangari, who co-moderated the panel with George Jacobs, on the important ties between the two industries:
'We know that real estate is not the driving force behind the consolidation of health care systems or the unpackaging of health care services out into to the neighborhoods. But make no mistake: In the final analysis, it all comes down to real estate. … This is one of the few areas, one of the few industries, where brick and mortar still will matter.'"