Podcast | Adaptive Spaces

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

March 9, 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

Guests

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.

Host

Photo of Spencer Levy

Spencer Levy

Global Client Strategist & Senior Economic Advisor, CBRE

Spencer Levy is Global Client Strategist and Senior Economic Advisor for CBRE, the largest commercial real estate services firm in the world. In this role, he focuses on client engagement and public-facing activities, including thought leadership work performed in conjunction with CBRE Research. He also serves as Co-Chair of the Real Estate Roundtable’s Research Committee.

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