VENTURING IN

Mike Gibble, CEO of venture capital firm Zenith Capital Holdings and CEO of its healthcare-focused HTB Architects, tells us spending on healthcare architecture has remained kind of slow since SCOTUS's Affordable Care Act decision. The buzzword leading up to that court decision was "uncertainty," and it hasn't cleared up just because the most supreme court has ruled. Commissions and regulatory agencies still have to determine how a lot of the legislation will work, and its implementation in stages means this will go on for a while. But more immediately, says Mike (with his beautiful family Ryker, Wyatt, and Amanda), everyone's delaying investment while trying to figure out the law's impact on their companies' budgets and what they can spend.
Mike, who's speaking at Bisnow's 2nd Annual Baltimore Healthcare Real Estate Summit, says there's ample MOB supply, but what's there may not be right for the job. Outpatient centers like HTB Architects' Loch Raven VA Outpatient Clinic (above) are gaining ground as a healthcare vehicle, but just as a traditional office can't be used for medical uses, an MOB built, say, 10 years ago may not have the infrastructure to handle today's equipment and tech.

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