Palm Beach County boasts a well-established healthcare and life sciences industry.

While many sectors faced challenges during the pandemic, the healthcare real estate market saw rising demand and low vacancy rates. Steady in-migration and an aging population continue to drive medical providers to expand their practices to meet growing needs. Medical concierge services have gained popularity across various demographics, particularly in a county where 39.1% of residents are over 55 and household incomes exceed the national average.

Additionally, the demand for behavioral health services has surged over the past five years, a trend accelerated by the pandemic, attracting increased investor interest in the sector.

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