Podcast | Adaptive Spaces

A Spoonful of Sugar: Trends in Medical Offices and Life Sciences Buildings

09 Mar 2021 33 Minute Listen

Doctor's office

Healthcare delivery has played an important role during the pandemic, which has accelerated trends in life sciences properties and medical office buildings. Pete Bulgarelli, President and CEO, Lillibridge Healthcare Services and Executive Vice President, Office at Ventas, and CBRE’s Chris Bodnar join Spencer to examine the changes driving these industries and how operators and investors are adapting.

A Spoonful of Sugar: Trends in Medical Offices and Life Sciences Buildings

March 9, 2021 33 Minute Listen


Photo of Christopher Bodnar

Christopher Bodnar

Vice Chairman

Chris Bodnar serves as Vice Chairman and Co-Head of Healthcare & Life Sciences Capital Markets at CBRE. Mr. Bodnar has advised on some of the industry’s most notable monetization assignments, including over $1 billion in value on behalf of one of the largest Catholic health systems in the United States.

Photo of Pete Bulgarelli

Pete Bulgarelli

President And CEO, Lillibridge Healthcare Services and Executive Vice President, Office, Ventas

Pete is the President and CEO of Lillibridge Healthcare Services (LHS), a premier medical office building (MOB) operating company focused on property management, leasing, construction management and advisory services which supports more than 15,000 physician tenants daily in 20 million managed sq. ft. of MOB space across 32 states. He also serves as Executive Vice President for its parent company Ventas, a healthcare REIT, where he is responsible for the Company’s growing integrated Office platform which represents approximately 30% of the Company’s net operating income (NOI) and combines the LHS MOB and university-based life science and innovation center portfolios. He is also responsible for the Company’s post-acute and hospital portfolio representing an additional 20% of the Company’s NOI.


Photo of Spencer Levy

Spencer Levy

Global Chief Client Officer & Senior Economic Advisor

Spencer Levy is the Global Chief Client Officer and Senior Economic Advisor for CBRE, the largest commercial real estate firm in the world. Spencer leads a team of Global Client Care professionals around the world who are responsible for account management and client experience programs designed to ensure seamless client execution across business lines and geographies, with the goal of consistently delivering exceptional client outcomes. Spencer will focus on both top Occupier and Investor clients.

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