• Corporate Finance Transactions

BGL Announces the Formation of a National Healthcare Real Estate Group

August 04 2014

Brown Gibbons Lang & Company (BGL), a leading middle market investment bank, is pleased to announce the formation of the National Healthcare Group within Brown Gibbons Lang Real Estate Partners (BGLRP), BGL’s real estate investment sales advisory practice.

BGLRP’s National Healthcare Group operates in all U.S. markets, specializing in providing healthcare real estate owners, investors, and developers with acquisition, disposition, and recapitalization strategies, as well as assisting healthcare providers in developer selection, debt and equity financing, capital restructuring, and monetizing healthcare real estate assets. “We have established a unique position in the marketplace by redefining real estate investment banking as a seamless blend of advisory and transactional services,” said Anthony D. Delfre, managing director of Brown Gibbons Lang Real Estate Advisors.

With access to BGL’s resources and extensive market reach, BGLRP offers the specialized expertise, local market knowledge, and personalized service found in boutique firms, while leveraging the scope, scale, and breadth of a global investment banking and real estate advisory firm. BGL is able to bring clients both deep industry knowledge from its dedicated sector teams and broad product capability from its corporate finance and real estate advisory groups, creating an integrated approach to long-term sustainable client relationships. John C. Riddle, managing director with BGL and group head of BGL’s Healthcare & Life Sciences team, said, “Pairing our relationships with healthcare systems, alternate site providers, and senior housing operators with this team’s deep experience in healthcare real estate will bring broad expertise and high quality real estate opportunities to our clients.”

Christopher L. Stai, a managing director based in Newport Beach, and Clinton J. Parker, a managing director based in San Antonio, will lead the effort. Together, Stai and Parker have completed nearly $2 billion in transactions involving healthcare real estate acquisitions, investment sales, and debt and equity recapitalizations.

“By joining BGL, we have created a unique, healthcare-centric real estate model in the marketplace, enabling us to provide our clients with a comprehensive range of services where healthcare delivery and real estate intersect,” said Christopher Stai.

Healthcare reform is transforming care delivery with real estate seeing the impact of structural change in the provider landscape. “With the passage of the Affordable Care Act, health systems, hospitals, and independent physician practices are consolidating to improve efficiencies and lower costs by moving towards technology-enabled outpatient facilities and away from more expensive acute-care environments,” said Clinton Parker. “This alignment will be integral in providing clients with relevant market information during this historic period of consolidation.”

Jay J. Crotty joins the Tampa office as senior vice president. Throughout his career, Crotty has focused on developing a best-in-class investment sales team comprised of individuals responsible for research, marketing, transaction management, business development, and financial analysis, having completed more than $1 billion in transaction volume.

Darian G. Padua joins the San Antonio office as associate responsible for business development, national client relations, financial modeling, and research management.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Healthcare & Life Sciences, Consumer Products & Retail Services, Energy & Environmental Services, Basic Industrials, and Real Estate. BGL has offices in Chicago and Cleveland and real estate offices in Newport Beach, San Antonio, and Tampa, in addition to Global M&A partner offices in more than 50 countries across five continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. For more information, please visit www.bglco.com.

For more information on Capital Markets and Investment Sales please contact:
Anthony Delfre
adelfre@bglco.com
216.920.6615
 

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Related industry: Real Estate
Related pages: Anthony D. Delfre, Christopher L. Stai

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