• The biggest consumers of U.S. healthcare services are the 55+ age cohort, accounting for the majority of healthcare spending at 56%, yet older residents make up only 30% of the population.  This group accounts for 4 out of 5 inpatient admissions and they go to the doctor twice as much as younger adults.  
• With national healthcare spending accounting for 18.2% of GDP, this means an astonishing 1 out of every 10 dollars in today’s economy is going to serve the healthcare needs of people 55 years and older.
• If we consider that the older population is growing from 46 million residents in 2020 to 80 million in 2050, the demand for healthcare services will be outsized. Healthcare as a percent of GDP is continuing to climb, projected at 19% in the near term by 2025, but with the healthcare expenditures forecasted to grow 31% from 2020 to 2025, the nominal growth in healthcare dollars spent will be extraordinary. Outpatient demand for ages 55+ alone is forecasted to grow 16.9% by 2025, a rate that is 4.3% higher than the general population. 
• Demand for outpatient medical real estate will be fueled by the demand factors underlying this older cohort – growth in sheer numbers of the older population, longer life expectancy aided by advances in medicine and life sciences and healthcare delivery allowing for more outpatient care -  reinforcing medical office as one of the most stable asset classes.