Fifth Third Securities Real Estate Investment Banking team (“FTS”) served as the exclusive advisor to Oman-Gibson Associates (“OGA”), a privately-held, full-service healthcare real estate development firm based in Nashville, in securing equity and debt for a multi-state development pipeline of build-to-suit ambulatory facilities for a national for-profit health system (the “Pipeline”).
FTS Managing Director Matthew Tarpley, Jake Gorin and Ravi Patel led the transaction.
The Pipeline includes projects across key markets in Texas, New Mexico and Oklahoma and comprises of a diverse mix of healthcare asset types, including freestanding emergency departments, urgent care centers, medical outpatient buildings and microhospitals.
The joint venture is with a Texas-based, real estate private equity firm with a strong track record in the healthcare sector. Construction financing will be provided by Siemens Financial Services.
“This was an exciting project to be a part of, and we had strong conviction in the importance of this Pipeline to the system tenant,” said Matthew Tarpley, Managing Director and Head of the Real Estate Investment Banking Group at FTS. “We are pleased to have secured a capital partnership that will support OGA as the Pipeline comes to fruition.”
Fifth Third Securities
Fifth Third Securities is the trade name used by Fifth Third Securities, Inc., member FINRA/SIPC, a wholly owned subsidiary of Fifth Third Bank, National Association, a registered broker-dealer, and a registered investment advisor registered with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. Securities and investments offered through Fifth Third Securities, Inc.: Are Not FDIC Insured, Offer No Bank Guarantee, May Lose Value, Are Not Insured By Any Federal Government Agency, Are Not A Deposit.
Fifth Third Securities’ Real Estate Investment Banking Group
For more than 15 years, the real estate investment banking professionals at Fifth Third Corporate & Investment Banking have successfully served as advisors on real estate transactions in excess of $10 billion nationwide.
For additional information, contact Matthew Tarpley, Managing Director, Real Estate Investment Banking, at Matthew.Tarpley@53.com.
Oman-Gibson Associates
Oman-Gibson Associates, founded in 1991, is a privately owned, full-service health care real estate and development firm based in Nashville. OGA offers a range of real estate services to clients, such as development, project management, acquisition, site selection and lease consultations. OGA has developed over $4.0 billion in projects, delivering more than 400 healthcare facilities across 38 states for customers ranging from physician groups, behavioral health groups and national surgery centers to major hospitals and health systems. For more information, please visit www.oman-gibson.com
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