Healthcare developer and investor firm Investcor is
focused on a specific niche within the healthcare industry: the middle-class of middle markets. The firm has
witnessed the senior housing development boom in the
last few years—driven by an aging population—but has
identified the market segment to be overlooked. To
take advantage of these opportunities, Investcor—led
by partners Justin Hobson, W. Tylere Brennan and
Colin Kilgore—is executing a demographic-driven
investment and development strategy focused on senior
housing at an affordable price point.
As its most recent project, Investcor exemplified its strategy by completing the rehabilitation of the Fairhaven in Denton, TX, which was built to serve the community’s seniors at a fair price.
Chip Conk Joellyn Shannon Byan Brown Bryan Skelton Bob Neyland
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MEDICAL ASSET MANAGEMENT
Jeffrey D. Cunningham and Mitchell Yankowitz founded Medical Asset Management
as a full-service real estate brokerage and asset management company, to maximize
cash flow for clients and to assist in buying, selling, developing, leasing and managing medical office properties in Southern California. In the past three years managing principals, Cunningham and Yankowitz have added one million square feet to
the firm’s portfolio. Currently, the firm is completing a 90,000-square-foot medical
office building on the Providence Cedars Sinai Tarzana Medical Center campus. As
the first structure to be built on the campus in 25 years, the project supports the
West San Fernando Valley and will open in 2020. The team works closely with hospitals, physician groups and landlords to drive occupancy and tenant satisfaction in
its medical office buildings and to bring in-demand medical office facilities to the
market. In addition to providing client services, the firm provides hundreds of jobs
per project to the local community.
MONTECITO MEDICAL REAL ESTATE
Montecito Medical Real Estate partners with healthcare developers to provide the much-needed capital to build medical office properties.
Medical office development is at an all-time high, but it is still grossly undersupplied. To capitalize on these opportunities, Montecito
Medical focuses on sale-leaseback transactions and takeout deals to appeal to sellers. This strategy, dubbed the Physician Real Estate
Partnership, allows owners to continue to manage their property, maintain tenant relationships and sustain a revenue stream. The
method offers a mutually beneficial relationship that provides regular distributions to participating physicians, while Montecito owns the
property. Offering a return on their investment once the property is sold, this strategy has driven major success for the firm. Montecito
has been recognized as a top medical real estate buyer in the US, and this year, the firm is on pace to surpass $900 million in acquisitions,
setting yet another new record. In addition, the firm launched an innovative fund for all physicians, not only those in the company’s
platform, to co-invest with the company in medical office real estate. As investors in the firm’s portfolio, physicians can gain an ownership
stake in some of the most desirable medical office properties, valued between $8 million and $100 million.