Our Approach

 

Relationships

with a network of 16 health systems across 23 states

$6 Billion

in medical construction on and offsite hospital campuses

Because of the unique ownership structure, through The Innovation Institute model, Healthcare Property Advisor’s is majority owned by multiple health systems across the United States.  The structure provides a unique competitive advantage and with it the ability to scale Healthcare Property Advisor’s revenues quickly as member systems redirect real estate services to the captive and chose to monetize assets.  Healthcare Property Advisors also continues to grow nonmember system revenues and enjoys solid customer diversification.

Unique Asset Class: On-Campus or Campus Adjacent Medical Properties

  • We create value through acquisition, management, improvement and development of medical office buildings and outpatient facilities
  • Each of our acquired buildings is a strategic asset to the related hospital, housing mission-critical clinical programs
  • We create asset-class investments in a recession-resistant category, providing steady, long-term cash flows, rent stability and predictable occupancy patterns
  • Our long-standing relationships in the industry and proven success in the medical market segment with prominent health systems have built HPA’s reputation and market position

Perpetually Growing Company through Innovation

  • The Innovation Institute is a perpetual company co-owned by multiple health systems.  As member health systems grow and change, their physical space needs evolve, driving organic growth for Healthcare Property Advisors.
  • The Advisory Board of HPA represents a diverse group of industry experts and equity partners from healthcare that provide experience and sound judgment to the management team.
  • Healthcare Property Advisors’ interests are closely aligned with its partners – the firm’s executives hold equity in the company and are invested in its success.
  • The management team is highly experienced in all aspects of operating, managing and acquiring medical and commercial properties.  As an owner in Healthcare Property Advisors, James McGrade is recognized for his relationships and strategic partnerships with physicians, medical institutions and hospital systems.

Operating Advantages

  • Exclusive access to owner health systems and hospitals
  • Extensive relationships with owners, lenders and intermediaries
  • National reach and market knowledge from dedicated seasoned asset management team
  • Unique ability to move with scale and speed

 HPA is integrally connected with current healthcare environment opportunities

  • With the transition in healthcare to population health management and the trend from acute care to ambulatory care, the market demand for medical property management, brokerage and development is growing rapidly.
  • Sellers are often distressed ownership structures impaired by excessive leverage, or public companies seeking to exit in scale.
  • Limited availability of debt and equity capital results in substantially less competition.
  • Without exclusive access to owners, new supply in on-campus medical real estate remains at near-record lows.
  • With constrained capital and shrinking reimbursement, hospitals are increasingly seeking ways to monetize non-core assets and fund building acquisitions and improvements.
  • Economic fundamentals have begun to stabilize and improve.