After more than a year with CBRE, he’s back sourcing investments for the REIT
By John B. Mugford
CHICAGO – Anyone who has seen Shane Seitz participate in, or moderate, a panel discussion during one of the healthcare real estate (HRE) sector’s frequent conferences knows that the 20-year industry veteran has a quick, humorous wit and a deep knowledge of all things healthcare.
These attributes certainly make him a knowledgeable and entertaining panelist, but more importantly, according to industry sources, makes him a valuable member of any organization involved in the sector.
This is evidenced by his recent re-hiring by Chicago-based Ventas Inc. (NYSE: VTR), one of the largest owners of HRE facilities with 1,200 properties. The healthcare-focused real estate investment trust (REIT), which owns a variety of property types, is also one of the country’s largest owners of medical office buildings (MOBs), with 359 facilities and 20 million square feet in 32 states.
As the REIT’s newly named senior investment officer, Mr. Seitz will be mostly focused on MOB acquisition and development opportunities, as he was during his last stint with company from 2008 to 2018. For the past year and seven months, Mr. Seitz was part of the U.S. Healthcare Capital Markets team with CBRE Group Inc., where he helped building the Debt & Structured Finance service line.
Healthcare Real Estate Insights™ caught up with the affable Mr. Seitz just this week to talk about his return to Ventas as well as his take on what is happening in the HRE/MOB sector.
HREI™: Congratulations on the new/old job. Can you tell us about your duties with Ventas?
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