Aug 25, 2020
Investing in a commercial property while not running your own operations stands in the face of what commercial real estate investors are trying to accomplish. Trisha’s guest today is Chris Cumella of Cypress West Partners, a private real estate investment company that focuses solely on healthcare real estate. Chris spent years in the apartment real estate business before he was exposed to healthcare, which was one of the only sectors to do well during the financial crisis of 2008. That’s when he and his partner started to focus on healthcare real estate and eventually started their own business!
In this episode, we talk about…
- Healthcare real estate has staying power in the demographics
- This sector is definitely not for the faint of heart
- Starting Cypress West Partners with institutions and private individuals
- Investment criteria in California compared to other places
- Gravitating closer to the main healthcare campuses
- Real estate for healthcare has become more purpose-built by necessity
- Buying a building with a tenant that is going to move in
- Looking into the future for Cypress West Partners
Links to resources:
Chris Cumella, Cypress West Partners
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