GlobeSt.com January 26, 2022
A number of issues, from labor to inflation and rising interest rates, will make healthcare acquisitions and development more challenging in the coming year.
In 2021, healthcare investor and developer Meridian had a banner year, closing more than $100 million in transactions, all located in the State of California, and $40 million in new development activity, with projects located in five states. As the firm looks ahead into 2022, it plans to remain an active buyer, but CEO John Pollock says this will be a more challenging year for both purchases and new construction.
“All arrows point to a more challenging year in 2022 for acquisitions and development,” Pollock tells GlobeSt.com, citing expanding bid-ask spreads, supply chain issues, labor shortages,...
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