Kenneth Weston Healthcare Real Estate Founder And CEO At Bisnow South Florida Healthcare Real Estate Event
Advancements in technology, changes in legislation and the expansion of ambulatory care are changing the face of healthcare across the U.S. Florida’s healthcare industry is experiencing a major shift as real estate prices rise and proposals for new facilities continue to pop up following the elimination of the Certificate of Need rules. Healthcare industry leaders will discuss these issues at Bisnow’s upcoming South Florida Healthcare Real Estate Event on Aug. 8. Register here for the event.
Few people know more about South Florida’s healthcare real estate market than Kenneth Weston. As the CEO of Kenneth Weston Healthcare Real Estate, he has spent the last three decades building a wide network of investors, local physicians, hospital administrators and other healthcare professionals, becoming an expert on the intricacies of the industry and its real estate needs.
Weston has also been involved in the development and marketing of more than 15M SF of medical office properties and was involved in the development of the first medical office condominium on the East Coast.
“Most people talk about healthcare real estate in broad, general terms that could encompass anywhere in the country,” Weston said. “My backyard is South Florida, I pride myself on staying on the cutting edge of everything happening in the local healthcare market.”
Bisnow recently sat down with Weston to learn more about what drives value in the South Florida market and get a preview of what he will be discussing at the upcoming South Florida Healthcare Real Estate Event Aug. 8.
Bisnow: Why is Bisnow’s upcoming South Florida Healthcare Real Estate Event so important to you and what will you be speaking about?
Kenneth Weston: I’ve been an insider in the South Florida healthcare real estate world for more than 30 years, and I enjoy sharing the wealth of knowledge I have gained with other industry professionals. The Bisnow South Florida Healthcare Real Estate Event gives me a great chance to do that.
I plan to discuss the current trends in the South Florida healthcare real estate market and where some of the best opportunities are currently located. I will also be explaining some of the key things that investors look for in medical buildings.
Bisnow: Can you tell me a bit about the mission of Kenneth Weston Healthcare Real Estate?
Weston: Our main goal at Kenneth Weston Healthcare Real Estate is to approach and view the market from every side of the table to bring fully vetted, value-add opportunities to our group of equity partners, investors and clients.
As a result of my vast network of healthcare industry professionals, I am able to stay on the leading edge of the constantly changing South Florida healthcare real estate market.
Bisnow: What drives value in the South Florida Healthcare real estate marketplace?
Weston: Healthcare real estate is local in nature — what works for a medical building in Chicago might not be what works for a building in Coral Gables or South Beach. This is why it’s necessary for both developers and healthcare providers to be very knowledgeable about the market they are interested in if they want to succeed.
In the South Florida market, I believe the most important factors that drive the value of a medical office property are the nuances of the location, patient demographics, the quality and specialty of the tenants, lease terms and the special amenities that are available to staff and patients.
Bisnow: Outside of your work, what are you most passionate about?
Weston: I’m passionate about my family and friends, golf, playing the guitar, and reading and writing whenever I get the opportunity.
Bisnow: Finally, if someone is interested in collaborating with you or your organization, what’s the best way for them to contact you?
Weston: Please email me at kweston@kennethwestonassoc.com.
