Backed by a management team with decades of healthcare investment experience, the company will initially focus on offering Section 1031 exchanges
Orange County, California, May 17, 2024 /PRNewswire/ — Healthcare Property Advisors today announced the launch of HPA Exchange LLC, a new real estate investment sponsor that will provide accredited investors with private placement opportunities centered around healthcare real estate. The company will initially focus on offering Section 1031 exchanges.
HPA Exchange will target healthcare real estate within secondary growth markets that exhibit strong operating fundamentals, a stable healthcare system environment, and a growing aging population. The company aims to provide investment-grade, core and core-plus facility quality properties operated by best-in-class medical systems, established physician groups, and life science groups for outpatient-only facilities.
HPA Exchange is led by an experienced management team, including Thùy, who averages 25 years of experience in the healthcare real estate field. Turner and Robert Leeserves as co-president.
“The healthcare industry is historically recession-proof, with predictable occupancy rates, long-term reliable cash flow and strategic value-add opportunities,” said Turner, co-president and chief operating officer of HPA Exchange. “We have paved the way for possibilities.” “Non-advanced acute care is also moving away from large, hospital-like acute care settings to strategic, well-located, well-designed ambulatory care, typically close to neighborhoods.”
“These types of facilities maintain a variety of services found in hospitals, such as imaging, pharmacy, labs, and specialty care, but with better “It is designed to serve the community for access and efficiency,” he added. These state-of-the-art facilities offer shorter wait times and typically lower costs than traditional hospital environments, establishing an upscale retail experience while expanding our patient care network. We are excited to enter the private market and bring these new healthcare investment opportunities to advisors and investors. ”
Mr. Turner co-founded Healthcare Property Advisors in 2014 and leads all of HPA Exchange’s asset and real estate management efforts and operations. She has extensive real estate experience through her more than 25 years with HPA, as well as her previous stints with Arden Realty, Equity Office, and Schnitzer Northwest. She received her bachelor’s degree from the university. University of California, Irvineobtained an MBA California State University Fullerton.
Mr. Lee joined Healthcare Property Advisors in 2016 and has since led acquisitions and capital markets activities for more than a dozen companies. $580 million He leads acquisition strategy, capital development, and investment management efforts for healthcare real estate advisors in healthcare real estate across the United States. Lee has been a commercial real estate investment expert since his 2001 years, founding and leading multiple real estate investment platforms and product types, and investing in, advising on, and investing in numerous real estate properties. Ta. 4 billion dollars Providing real estate capital for institutional and individual investors.He received his bachelor’s degree from eastern kentucky university Earn an MBA with an emphasis in finance pepperdine university Graziadio Business School. Lee is a member of the Young Presidents Organization (YPO) and is CCIM certified.
“We are excited to announce the launch of HPA Exchange and put needs-based healthcare real estate ownership into the hands of financial advisors and their investment clients,” said Lee. “We offer opportunities to benefit from real estate ownership focused on essential or mission-critical health services in high-growth middle markets with a solid long-term investment base. We look forward to offering companies a placement marketplace that helps investors diversify their portfolios into this attractive and stable asset class. ”
Internal Revenue Code Section 1031 allows for the deferral of capital gains taxes that may result from the sale of a business or investment property. To participate, sellers reinvest the proceeds from the sale into a replacement property of equal or greater value. This is also known as a like-kind exchange. To defer up to 100% of capital gains from the original sale, a replacement property must be identified within 45 days and the exchange completed within 180 days. Gains are deferred, not exempt, and are taxable when the replacement property is sold or exchanged in another like-kind exchange.
about HPA exchangeLLC
HPA Exchange, LLC is a new business platform created by the management team of Healthcare Property Advisors, a vertically integrated healthcare real estate owner and operator. The company’s vertical integration allows HPA to leverage its relationships with a large network of health systems and provide active asset management, investment and development of medical office buildings and outpatient facilities. Healthcare Property Advisors’ management team has advised more than a dozen companies on acquisitions or investments. 1 billion dollars For healthcare related properties.Head office location Brea, California, HPA Exchange is a real estate investment sponsor with private placement offerings focused on medical real estate backed by credit tenant health systems, physician groups, life science groups and other outpatient facilities. For more information, please visit www.hpaxchange.com.
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SOURCE HPA Exchange, LLC
