FOR IMMEDIATE RELEASE
December 4th, 2019
Nashville, Tenn. — Montecito Medical Real Estate, the nation’s leading privately held acquirer of medical real estate, today announced the promotion of Bryan Brown to Senior Vice President, Acquisitions.
Mr. Brown who joined Montecito in 2013, brings over thirty-five years experience in management and investment to the company and specializes in creating off-market opportunities.
“Bryan has strong leadership qualities and deep knowledge of medical real estate, he plays a leading role in sourcing and negotiating our transactions,” said Chip Conk, CEO of Montecito. “Brown recently implemented processes to streamline our investment process to become more efficient, which is meaningful given that we will close almost $900M in assets this year, and review thousands of deals.”
Prior to joining Montecito Medical, Brown had a highly successful track record serving in many senior operational and leadership roles, including personal ventures, VC-financed start-ups, investment banking and international aid projects in Afghanistan. He was also a key member in the Conk’s earlier success of Day Dream Publishing, where he oversaw mergers and acquisitions – their relationship spans over 25 years.
About Montecito Medical
Montecito Medical is one of the nation’s largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate. Montecito is a leading resource for both real estate owners and healthcare providers seeking to monetize or expand their holdings. Montecito has offices in Nashville, TN, Austin, TX, Portland, OR and Orange County, CA. Since 2005, it has completed transactions in over 30 states involving more than $3.8 billion in medical real estate and totaling over six million square feet. To date, Montecito has more than $1 billion in capital available to expand holdings in its medical office portfolio throughout the United States. Its current portfolio and healthcare system relationships include UCLA, Cleveland Clinic, Johns Hopkins, Holston Medical Group, Carolinas Health System, Urology of Virginia, Bon Secours, Maine General, EmergeOrtho and State of Franklin Healthcare Associates.
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