The Move, Season 1, Episode 8
About This Episode
In the season finale of The Move, Jarrod and Michael sit down with international investor and business advisor Sir Steven Wilkinson to examine a question that’s been building all season: why is sophisticated capital finally paying serious attention to healthcare real estate?
The answer isn’t about square footage or cap rates. It’s about understanding what happens inside these buildings — the workflows, the ecosystems, the outcomes. As Steven frames it, businesses exist to solve problems. And there’s no bigger problem facing Western economies over the next 50 years than healthcare delivery.
This episode challenges investors still categorizing healthcare alongside student housing and self-storage to reconsider. These aren’t just properties — they’re essential infrastructure in how care actually gets delivered.
For family offices and institutional investors, it’s a different lens: one grounded in demographic inevitability and operational depth.
Key Themes and Takeaways
- Sophisticated capital is finally paying attention. Institutional and family office investors are increasingly recognizing healthcare real estate as a serious allocation. It’s a shift that reflects growing awareness of the sector’s fundamentals, not just opportunistic positioning.
- It’s not about the buildings — it’s about what happens inside them. Understanding workflows, ecosystems, and outcomes matters more than square footage or cap rates. That operational depth is what separates informed investors from those just chasing yield.
- Healthcare delivery is the defining challenge of the next 50 years. Businesses exist to solve problems, and there’s no bigger problem facing Western economies than how care gets delivered to aging populations.
- Stop categorizing healthcare with student housing and self-storage. These aren’t interchangeable property types. Healthcare facilities are essential infrastructure in how care actually reaches patients — and they deserve a different lens.
- Private capital is stepping into the gap. As structural market changes reshape healthcare delivery, private investors are increasingly recognizing the sector’s potential returns and its role in meeting demographic demand.
- Community needs and human capital drive outcomes. Successful healthcare real estate investment requires understanding not just markets but the people who use these spaces — patients, providers, and the communities they serve.
Chapters
- 00:03 – Introduction to Healthcare Real Estate
- 05:02 – The Evolution of Capital and People in Healthcare Real Estate
- 07:04 – Understanding Healthcare Real Estate
- 17:08 – The Evolving Landscape of Healthcare Investment
- 29:06 – Emerging Trends in Healthcare Investment
- 43:01 – The Future of Healthcare Real Estate
About the Hosts
Jarrod Daddis is President and Managing Partner at NexCore Group, where he leads strategic and operational functions across the company’s eleven offices.
With 27 years of experience in healthcare, life sciences, and seniors housing real estate development, Jarrod has transacted billions of dollars in real estate while building lasting relationships with clients and colleagues.
Connect with Jarrod Daddis on LinkedIn.
Michael Ray is Chief Investment Officer at NexCore Group, where he leads the company’s investment and capitalization strategies.
With a background as a private equity attorney and real estate investment professional, Michael specializes in creating deal structures that drive strategic alignment and positive outcomes for physicians and capital partners alike.
Connect with Michael Ray on LinkedIn.
About the Guest
Sir Steven Wilkinson is an international investor and business advisor who works at the intersection of finance, strategy, and leadership.
With more than 30 years in finance and investment — including leadership positions in both private and public companies — Steven partners with owners of human-scale organizations to master growth and create legacy businesses. He brings an investor’s perspective to every relationship, helping leaders clarify their vision and build enterprises that endure.
You can connect with Sir Steven Wilkinson on LinkedIn.