DEVELOPER COVERS SPECTRUM OF DEAL SIZES
By John Mugford
The Chicago-based HSA|PrimeCare team provides healthcare real estate advisory, investment, development, property management and leasing services throughout the Midwest. John Wilson (third from right) is president of the group.
Photo courtesy of HSA|PrimeCare
Back in the mid-1990s, a small division of a real estate investment trust (REIT) in Chicago was just starting to delve into healthcare real estate, providing advisory, leasing and sales brokerage services, among others, to a number of area health systems.
Thanks to one of those relationships, the healthcare team, led by John Wilson, landed an opportunity in the late-1990s to develop a medical office building (MOB) in Lemont, a Chicago suburb. Because the group’s parent company was more focused on general office buildings, it was not necessarily interested in financing the project.
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