Understanding The Medical Healthcare Boom:
A Golden Opportunity for Investors
in Commercial Real Estate
Texas is experiencing an exceptional healthcare boom, driven by explosive population growth & significant demographic shifts. This creates a unique landscape promising investment opportunities in the medical sector.
Population Surge and Aging Demographics: The Perfect Storm
Texas ranks first in the nation for population growth, adding nearly half a million residents between July 2022 and July 2023. This influx and an aging population are straining our state’s healthcare system. By 2030, more than 1 in 5 Texans will be over 60, a 25% increase from 2012.
The Healthcare Workforce Crisis
The booming population has worsened & led to healthcare workforce shortages, according to the Texas Hospital Association,
❗️Texas was short over 6,000 doctors & 29,000 nurses in 2020, & this is expected to double by 2032.
❗️Over 80% of Texas counties have been struggling with mental health professional shortages in their areas.
❗️ About 40% of Texas counties’ primary care needs are unmet.
The Medical Office Building (MOB) Opportunity
As healthcare providers scramble to expand facilities and attract skilled professionals, savvy investors are turning to medical office buildings (MOBs) as lucrative investment opportunities. These properties offer substantial returns with long-term stability, provided they’re well-maintained and strategically upgraded. As Texas continues to grow and evolve, the healthcare sector will remain a critical component of the state’s infrastructure.
By investing in medical office buildings and healthcare-related real estate, investors can capitalize on this boom while contributing to the expansion and improvement of healthcare services across the state. The Texas healthcare real estate market is positioned for significant growth in the coming years. For those willing to navigate its complexities, it offers a unique opportunity to develop properties that combine medical offices with community services, such as wellness centers or educational programs.
As always, thorough due diligence and expert guidance are key to making informed investment decisions in this dynamic sector.
RESOURCES:
https://www.bisnow.com/dallas-ft-worth/news/healthcare/as-access-declines-texas-hospitals-race-to-keep-up-with-unprecedented-demand-for-services-122526
https://www.texastribune.org/2023/12/19/texas-2023-population-growth-census/
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Tiffany Trude
Marketing Director & Associate
210.629.4151
210.222.2424
tiffany@dhrp.us