NEWMARK
U.S. HEALTHCARE CAPITAL MARKETS PRESENTS
THE CORE GROWTH
MOB PORTFOLIO
16 MOBs NATIONWIDE | 100% BUILT-TO-SUIT | 421,477 SF | 10 YEARS WALT | 100% LEASED
The Newmark U.S. Healthcare Capital Markets Team has been retained by Montecito Medical Real Estate (“Montecito”) as its exclusive financial advisor with respect to the sale or recapitalization of a portfolio of 16 medical outpatient buildings, located in 8 south, southeastern, coastal and Midwest US states, totaling 421,477 square feet.
PORTFOLIO BY-THE-NUMBERS
16 TOTAL PROPERTIES
8 # OF STATES
421,477 SQUARE FEET
100% PURPOSE BUILT
100% NNN LEASES
100% TOTAL OCCUPANCY
86% HEALTH SYSTEM DOMINANT PHYSICIAN NETWORK
72% HIGH ACUITY CLINICAL USES
~10 YRS WALT
~$12M YEAR 1 NOI
~2.S% AVERAGE ANNUAL ESCALATORS
12 YRS AVERAGE BUILDING AGE
61% TOP 50 MSAs
60% LOCATED IN CON STATES
82% LOCATED IN SOUTHERN STATES
42% OF NOI FROM TOP 3 TENANTS
OrthoVirginia
6TH LARGEST ORTHOPEDIC GROUP IN THE NATION
Banner Health
(Fitch: AA-)
Ochsner Health
(S&P: A)
Methodist Hospital
(Fitch: AA)
Franciscan HEALTH
(Fitch: AA)
U.S. HEALTHCARE CAPITAL MARKETS AND INVESTMENT BANKING TEAM
Ben Appel
Vice Chairman
(215) 872-9903
ben.appel@nmrk.com
Jay Miele
Vice Chairman
(732) 778-3895
jay.miele@nmrk.com
Justin Shepherd
Vice Chairman
(424) 268-0788
justin.shepherd@nmrk.com
John Nero
Vice Chairman
(610) 308-8192
john.nero@nmrk.com
Michael Greeley
Sr. Managing Director
(617) 223-1623
michael.greeley@nmrk.com
Ron Ott
Associate Director
(570) 417-8140
ron.ott@nmrk.com
HEALTHCARE FINANCIAL ANALYSIS
Conor Hilton
Associate Director
(212) 372-0746
conor.hilton@nmrk.com
Drew Martin
Associate Director
(212) 372-0714
drew.martin@nmrk.com
Tyler Scott
Associate Director
(303) 570-4370
tyler.scott@nmrk.com
Local Licenses
Justin Shepherd (AZ): BR661813000
Ben Appel (PA): RS312185 Licensed in PA as Newmark Real Estate
Ryan Maconachy (TX): 585417
John A Sanders (FL): BK3009269
Edwin Clark (VA): 0225051130
Kayla Toler (IN): RB14045257
John A Sanders (SC): 40188
Eugene R. Schmitt (LA): BROK.912122592-CORP (Newmark)
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