SAN FRANCISCO (Nov. 20, 2025) — Industry executives gathered Thursday at BisNow’s Northern California Healthcare Real Estate Conference to examine the state of capital markets and deal-making in the region’s healthcare property sector. Trask Leonard, President and CEO of Bayside Realty Partners, moderated a panel of experts addressing investment trends, financing challenges and growth opportunities in medical office and healthcare facilities.

Panelists highlighted tightening debt markets and rising interest rates as key hurdles for investors, while noting continued demand for specialized practices such as behavioral health, orthopedics and ambulatory surgery centers. Discussions also touched on provider partnerships, construction costs and supply chain constraints impacting project timelines.
Other topics included the role of private equity in fueling expansion, the long-term trend toward institutional ownership and design innovations aimed at patient-centered care. Attendees also explored how mergers, such as One Medical’s integration with Amazon, could reshape patient access and facility strategies.

The conference drew healthcare real estate professionals from across Northern California, underscoring the sector’s resilience and evolving landscape amid economic uncertainty.