Despite the current economic downturn and credit crisis, health care commercial real estate’s long-term growth prospects are favorable, according to Grant Edwards, national director for Sperry Van Ness’ Healthcare Real Estate Team.
Edwards began his career at brokerage Marcus & Millichap in 2006, where he worked in the Chicago-based seniors housing group. There he was responsible for seniors housing transactions, primarily in the Midwest. In March 2008, Edwards joined Sperry Van Ness to launch the brokerage’s Healthcare Real Estate Team nationally from St. Louis. NREI recently spoke to Edwards about the new division, which includes seniors housing. (Source: National Real Estate Investor)