Firm opens strategic location on High Bluff Drive to service growing San Diego real estate market
SAN DIEGO, CA – August 29, 2017 – BGL Real Estate Partners (BGLREP), a division of Brown Gibbons Lang & Company (BGL), announced today the strategic opening of an office in San Diego. It is the fifth office in BGL’s national network which also includes locations in Chicago, Cleveland, San Antonio, and Philadelphia. Joining the San Diego office is Joshua D.H. Rees as an Associate in the firm’s national Healthcare Real Estate Group.
BGLREP specializes in representing private and institutional clients in Healthcare, Housing, Hospitality, and Industrial real estate. The expansion is to better service the rapidly-growing real estate market in Southern California.
The addition of Rees will build upon BGLREP’s expertise in healthcare real estate. Rees will focus on advising physician-owners, as well as public and private owners of healthcare real estate, on single asset and portfolio dispositions, sale/leasebacks, debt/equity recapitalizations, and tax-deferred strategies such as the §1031 like-kind exchange and UPREIT.
Prior to joining BGLREP, Rees was an Associate in the London office of Knight Frank where he specialized in the disposition of all types of healthcare real estate assets, including medical office buildings, ambulatory surgery centers, short-stay hospitals, inpatient rehab facilities, and other inpatient and outpatient facilities. In addition to his strong relationships with U.S.-based buyers of healthcare real estate, Rees also has long-standing relationships with international investors, providing clients with the ability to leverage foreign investment demand and further broadening the investor base to achieve maximum value and optimal terms.
The San Diego office is located at 12707 High Bluff Drive, Suite 200, and will be run by Managing Director Christopher Stai. The new location replaces the firm’s office in Irvine, California, which opened in 2014.
BGL Real Estate Partners is a leading national advisor in healthcare real estate, specializing in providing healthcare real estate owners with tailored transaction strategies, including debt and equity recapitalization, sale-leasebacks, partial sale-leasebacks, tax deferred transactions, such as an UPREIT or a §1031 like-kind exchange, and other nuanced transactions designed to optimize value and flexibility.
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 Business Services, Consumer & Retail, Environmental & Industrial Services, Healthcare & Life Sciences, Industrials, and Real Estate. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia and real estate offices in Chicago, Cleveland, San Diego, and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.