The healthcare sector has been navigating significant challenges, but Toby Scrivner of Northmarq is optimistic about 2026.

The healthcare sector is in the middle of a challenging cycle. Meanwhile, a wave of consolidation and rising macroeconomic concerns made 2025 especially difficult for healthcare real estate strategy and investment.

In this podcast, Toby Scrivner, SVP and director of the national healthcare group at Northmarq, unpacks it all. Scrivner was recently named a 2025 Top Healthcare Influencer by GlobeSt., and he has a storied reputation in the industry, completing more than 700 transactions. He takes us inside the healthcare sector to discuss:

- -How healthcare consolidation is impacting real estate strategy

- -Why a 40% increase in construction costs has increased occupancy costs for real estate and slowed transaction volumes

- - What he believes will lead to optimism in the coming year