Services / Transaction Implementation

The uniqueness of Health Realty Advisor’s, Inc. is that we can implement our recommendations. What does this mean?

Disposition of Assets - We participate in the unique structuring required to dispose of assets. Often times the non-profit remains as a tenant. We structure the transaction and then sell the asset on behalf of the non-profit. Recent examples include:

• Then sale and leaseback of two MOB’s and a Healthplex for Crozer-Keystone Health System
• The sale of Ford Road Hospital
• The sale of Germantown Hospital
• The sale of Wordsworth Academy’s Elkins Park campus

Leasing Services - We have leased in excess of 1.3 million square feet of ambulatory care facilities totaling in excess of $ 200 million of projects. We specialize in the difficult task of leasing space to physicians, something hospitals have difficulty with. We also represent non-profits and more recently large physician groups in lease negotiations. Recent examples include:

• The Rothman Institute - tenant representation for a new surgery center at the Philadelphia Naval Base
• NHS Human Services- tenant representation in New Jersey
• 80,000 sf lease for Wordsworth Academy
• Central Montgomery Medical Center - responsible for all leasing and project oversight services for a new 53,000 sf Medical Office Building
• Germantown Hospital Medical Office Building - renewed and extended all physician leases          

Acquisition - We participate in the negotiation and structuring of acquisitions, at times structuring transactions through the use of "other people’s money". Recent examples include:

• Acquisition of former Corning Building for Kids 1 Inc.
• Implementing the purchase of a Medical Office Building for the Rothman Institute
• Acquisition of Elkins Park Hospital for Albert Einstein Healthcare Network