phoenixamerican
Phoenix American Financial Services provides leading-edge fund administration, accounting and technology for the alternative assets industry. Visit site: https://www.phxa.com/fund-accounting/
1031 Exchange Series: Life Science Properties & Opportunity Zone Investing
Life Science in Real Estate
Life science properties are a growing trend among those repositioning underutilized properties. These consist of buildings catered toward technology, medical, and life science usage, with a combination of office and lab space. Professionals in this field greatly need their facilities, since operating remotely isn’t an option for those whose work cannot be replicated outside of a lab setting, and the delivery of healthcare services remains largely onsite.
Lab spaces have the potential to change over time, so it’s important these spaces are flexible and can adapt to advancements and evolution in science. Taking advantage of urban space may bring various medical centers and science facilities together, making it easier to collaborate on research and provide better access to larger parts of a population.
Being available to a much larger patient base will help offset expenses relating to equipment and overhead. Other advantages offered by healthcare in an urban setting include better overall quality, more employees, and shorter wait times. Significant advancements in science will attract a great deal of funding from venture capitalists, institutional investors, and the federal government.
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1031 Exchange Series: Life Science Properties & Opportunity Zone Investing
By phoenixamerican
1031 Exchange Series: Life Science Properties & Opportunity Zone Investing
Life science properties are a growing trend among those repositioning underutilized properties. These consist of buildings catered toward technology, medical, and life science usage, with a combination of office and lab space. Professionals in this field greatly need their facilities, since operating remotely isn’t an option for those whose work cannot be replicated outside of a lab setting, and the delivery of healthcare services remains largely onsite. Read more on https://bit.ly/3llNDz6
