Alex Stacy joins Catalyst Healthcare Real Estate as Chief Acquisition Officer

To further support its growth, Catalyst Healthcare Real Estate has added Alex Stacy as Chief Acquisition Officer. This new hire is part of a strategic leadership move to support the firm’s plans to continue to grow within the space of healthcare real estate. Catalyst successfully performed on their largest acquisition to-date in July of 2018 and plans to continue to acquire and develop healthcare facilities throughout the Southeast and Midwest.

“The decision to bring Alex on board is an important next step-in continuing our firm’s purpose of positively impacting the landscape of healthcare. Alex brings strong institutional-level knowledge, as well as deep industry relationships within healthcare,” said Chad Henderson, CEO of Catalyst Healthcare Real Estate. “We’re thrilled to add his expertise to our team as we continue to build on our firm’s tremendous momentum.”

Alex Stacy brings over 12 years of experience in the healthcare real estate sector. Alex served in the same position at Carter Validus for the past 6 ½ years. While at Carter Validus, Alex led efforts to acquire over $1.5 billion in healthcare assets. Before joining Carter Validus, Alex served as the Senior Director of Corporate Real Estate and Construction for Novant Health where he was responsible for managing all leasing/development activities as well as advising healthcare market leaders on strategic real estate decisions.

Alex Stacy’s vcard

About Catalyst Healthcare Real Estate: Catalyst Healthcare Real Estate is one of the nation’s fastest-growing healthcare real estate development and acquisition firms. With an exclusive focus on healthcare, Catalyst HRE provides a fully integrated healthcare real estate platform that focuses on the planning, creating, optimizing and managing of healthcare facilities.   The organization’s purpose is to positively impact healthcare by providing Better Access, producing Quality Outcomes, all while continuing to build Lasting Relationships in the space. The firm’s corporate office is in Pensacola, Florida with satellite offices in Central Florida and Milwaukee, Wisconsin, the firm owns, manages, and services over 2 million square feet of healthcare real estate in 11 states across the United States.  For more information about Catalyst HRE, visit catalysthre.com.

Catalyst Healthcare Real Estate opens Midwest office in Milwaukee & hires Anthony Lampasona as President of Off-Campus Development

Pensacola based Catalyst Healthcare Real Estate (Catalyst HRE) is excited to announce the opening of its new office in Milwaukee, Wisconsin. This expansion is Catalyst HRE’s second in two years with its other expansion office located in Ocala, Florida. “The decision to expand our presence into the Midwest was a logical step in our business growth strategy,” said Chad Henderson, CEO. “We currently own buildings in the Midwest and have worked with a handful of health systems. We now have the opportunity to expand our footprint further in this market.”

The Milwaukee office will be the home base for two new Catalyst HRE employees, Anthony Lampasona & Elisha Pacheco. “It is an exciting time for Catalyst HRE, and we are thrilled to be part of the team. Chad Henderson has built a culture at Catalyst HRE that attracted us to this opportunity. We look forward to all the great things Catalyst will accomplish this year,” said Anthony Lampasona, President of Off-Campus Development.

Anthony will serve as the President of Off-Campus Development, with the role of leading Catalyst’s entire development platform. Anthony has over 15 years’ experience in healthcare real estate. He has served as the lead executive in development over 30+ healthcare and medical office projects ranging from 25,000 square feet to 270,000 square feet.

Elisha has over 20 years’ experience in real estate with nine-plus years exclusively focused on healthcare real estate. She will be joining us as Senior Vice President of Development & Leasing. Elisha has developed more than 1 million square feet of medical office projects ranging from 60,000 square feet to 212,000 square feet.

Both Anthony and Elisha were previously with a national healthcare real estate developer.

Henderson stated that in addition to the new Milwaukee office and new hires, they currently have seven job openings, including an Executive Assistant to join the Midwest team, and they hired five new employees with offices at their corporate headquarters in Pensacola, FL.

  • Mike Carr is now serving as the firm’s Building Operations Engineer. He has over 24 years of experience in building maintenance and will be leading the Facility Management team.
  • Penny Cornaggia joins the Catalyst team as Tenant Services Coordinator working with the Property Management and Facility Management teams. She brings an extensive background of customer service to the team.
  • Zac Gryb joins Catalyst HRE as an Analyst where he will be assisting with investments and real estate planning. He received his graduate degree from LSU and an undergrad degree from UWF.
  • Britney McClure joins the Catalyst team as the Administrative Assistant to CEO, Chad Henderson. She is a native of Pensacola, FL and has relocated back home to serve in this role.
  • Jamie Mears is serving as the firm's Controller. She has over seven years of Public Accounting experience and was most recently at Warren Averett.

The fast-growing firm is also looking to hire an Assistant Construction Manager, Maintenance Technician, Senior Property Accountant, Property Accountant, and Property Manager in the Pensacola Office.

For more information contact: Macy Williams, mwilliams@catalysthre.com, 850-607-6069, x103

 

Catalyst Healthcare Real Estate acquires medical office building and forms real estate partnership with Lafayette General Health & Foundation

Pensacola, FL - Catalyst Healthcare Real Estate (“Catalyst HRE”) is excited to announce the acquisition of Lafayette General Orthopaedic Hospital’s Medical Office Building located at 4212 W. Congress Street in Lafayette, Louisiana.  The Medical Office Building consists of three-stories totaling 87,906 square feet and is attached to Lafayette General Orthopaedic Hospital, one of seven Lafayette General Health Hospitals. The current service lines in the property include orthopaedics and primary care. Through the acquisition, Catalyst HRE has formed a unique, on-going real estate partnership with Lafayette General Health and in particular the Lafayette General Foundation. “With the healthcare landscape changing drastically across Louisiana and the country, forming this partnership is key to our growth strategy,” said Cian Robinson, Executive Director of Innovation, Research, and Real Estate Investments. “We picked Catalyst HRE due to their alignment with our core mission and values.”

In addition to the current service lines, Catalyst HRE’s construction management team will be overseeing the build-outs for LSUE’s nursing school, administrative space for a long-term acute care firm, as well as a significant build out and relocation of the Acadiana Orthopaedic Center physician offices. “This exciting partnership showcases a new and innovative way for healthcare foundations to benefit monetarily from the growing real estate needs of their parent healthcare systems. We believe the shift in healthcare delivery methodology will continue to drive the need for more access points for patients.  Our approach to solving those access needs can be funded through the Catalyst Community Re-Vest Program, which benefits all involved, including the foundations of the health system partner.  We are very happy to be an on-going strategic partner with Lafayette General Health and it’s Foundation,” said Chad Henderson, Chief Executive Office of Catalyst HRE.

On August 14, 2018, Lafayette General Health announced the transformation of the attached hospital into Lafayette General Orthopedic Hospital, an Orthopedic Center of Excellence and post-acute facility. As part of their partnership Catalyst HRE provided Lafayette General with analytics to validate this move to the first hospital dedicated to orthopaedics in the state of Louisiana.  

About Catalyst Healthcare Real Estate: Catalyst Healthcare Real Estate is one of the nation’s fastest-growing healthcare real estate development and acquisition firms. With an exclusive focus on healthcare, Catalyst HRE provides a fully integrated healthcare real estate platform that focuses on the planning, creating, optimizing and managing of healthcare facilities.   The organization’s purpose is to positively impact healthcare by providing Better Access, producing Quality Outcomes, all while continuing to build Lasting Relationships in the space. The firm’s corporate office is in Pensacola, Florida with satellite offices in Central Florida and Milwaukee, Wisconsin, the firm owns, manages, and services over 2 million square feet of healthcare real estate in 12 states across the United States.  For more information about Catalyst HRE, visit catalysthre.com.

About Lafayette General Health: Lafayette General Health (LGH) is a non-profit, community-owned regional healthcare system committed to always delivering excellence.  LGH serves the south-central region of Louisiana by aligning with facilities across a 10-parish area known as Acadiana.  LGH’s flagship hospital, Lafayette General Medical Center, in operation since 1911, is a 501(c)(3) not-for-profit corporation that does not pay out any revenue to shareholders as for-profits do.  LGH also owns or manages Lafayette General Surgical Hospital, Lafayette General Orthopaedic Hospital, St. Martin Hospital, University Hospital & Clinics, Acadia General Hospital and Abrom Kaplan Memorial Hospital, and has several affiliations with facilities across the region.  Both Lafayette General Medical Center and University Hospital & Clinics are major teaching hospitals, providing graduate medical education across many disciplines. LGH owns LGMD, a non-profit corporation that operates and manages several physician clinics including Family Medicine and Internal Medicine, as well as many specialists and surgeons. LGH is a founding member of the Ochsner Health Network, a collaborative of leading health systems across the greater Gulf South region. For more information about LGH and its affiliates, visit LafayetteGeneral.com.

Catalyst Healthcare Real Estate acquires multistate healthcare real estate portfolio

Pensacola, FL – Catalyst Healthcare Real Estate (“Catalyst HRE”), a leader in healthcare real estate, has completed the acquisition of a 21-property healthcare portfolio with a total cost of approximately $150 million (the “Portfolio”). The Portfolio spans 8 states and is 95% leased, totaling 530,182 square feet.  This is Catalyst HRE’s largest portfolio acquisition to date.  

Chad Henderson, CEO of Catalyst HRE stated, “Over the past several years we have worked hard to grow relationships and expand our geographical footprint in healthcare. This acquisition will strategically allow us to further our organization’s purpose of positively impacting healthcare by creating Better Access, promoting Quality Outcomes and building Lasting Relationships. Closing on this portfolio was a big step in our company’s growth plans. We remain extremely excited about the bright future ahead of us.”

17 of the Portfolio’s 21 properties were purchased directly from the publicly traded healthcare REIT, Physicians Realty Trust (NYSE: DOC). Mr. Henderson noted that Catalyst HRE has partnered with Physicians Realty Trust on numerous occasions over various projects since 2015.

John Thomas, CEO of Physicians Realty Trust added, “We are very happy to partner, once again, with Chad Henderson and his team at Catalyst HRE.  Since the first time we met Chad and got to know his outstanding young organization, we were very impressed. We believe they have built and are building the next generation healthcare real estate development and operating platform, and expect this win-win transaction will propel them to further opportunities that will benefit both organizations for years to come. We congratulate Catalyst HRE.”

The Portfolio consists of properties in Florida, Tennessee, Georgia, Texas, Virginia, Illinois, Indiana, & North Carolina. Florida has the most significant square footage of assets at 149,824 and Tennessee has the most substantial number of buildings at six. This acquisition will grow Catalyst HRE’s current healthcare real estate footprint by four states, having them now active in a total of 12 states throughout the Southeast and Midwest United States.

The Portfolio is anchored by primary care and internal medicine practices of regional and hospital tenants, representing 33% of the total leased space. Regional and hospital orthopaedic, oncology, neurology, and surgical practices represent 40% of leased space. Women’s health and gastroenterology combine for 10% of the portfolio and the remaining space is occupied by physical therapy, imaging, behavioral health, and pain management.

“We look forward to expanding on our relationship with each of these 35 quality healthcare tenants.  It is our goal to clearly understand their clinical and business strategy and proactively assist them in the planning, creating, optimizing, and managing of their healthcare real estate needs,” said Henderson.

The properties include:

  • Plaza Medical Campus – Jacksonville, FL
  • Ewing MOB – Orlando, FL
  • Pensacola Medical Park – Pensacola, FL
  • Medical Village at Kissimmee – Kissimmee, FL
  • Medical Village at Leesburg – Leesburg, FL
  • West TN Bone and Joint – Jackson, TN
  • Emory Road Medical Plaza – Powell, TN
  • The Womans Clinic – Jackson, TN
  • Patient Partners Surgery Center – Gallatin, TN
  • HMG Kingsport – Kingsport, TN
  • HMG Colonial Heights – Kingsport, TN
  • Eagles Landing I – Conyers, GA
  • Eagles Landing II – Jackson, GA
  • Eagles Landing III – McDonough, GA
  • Eagles Landing IV – McDonough, GA
  • Carle Clinic Danville – Danville, IL
  • HMG Duffield – Duffield, VA
  • HMG Weber – Weber City, VA
  • Physicians Medical Plaza – Indianapolis, IN
  • Monroe Medical Plaza – Monroe, NC
  • KSF Orthopaedic Center – Houston, TX

Catalyst HRE engaged Healthcare Real Estate Capital, LLC (“HRE Capital”) as its advisor to assist in closing the Portfolio. “We were honored to be selected by Catalyst HRE, an emerging owner, and operator of healthcare real estate,” said Brent Farrell, Senior Vice President of HRE Capital. “During the process, we became impressed by Catalyst HRE’s culture, industry knowledge, operating platform, and relationships. We are proud to have assisted in the close of this Portfolio for Catalyst HRE and look forward to seeing their future growth.”

The portfolio was funded with senior debt financing from Jon Buehner and Erik Tellefson of Capital One.

“We are thankful for partnering with best in class subject matter experts to ensure a successful transaction,” said Henderson.

About Catalyst Healthcare Real Estate. Catalyst Healthcare Real Estate (www.catalysthre.com) is one of the nation’s fastest-growing healthcare real estate development and acquisition firms. With an exclusive focus on healthcare facilities, Catalyst HRE provides an integrated platform of services to healthcare systems, independent physician groups and networks, and specialty providers. Based in Pensacola, Florida, the firm owns, manages, and services over 2 million square feet of healthcare real estate spanning 12 states throughout the US.

About Healthcare Real Estate Capital. Healthcare Real Estate Capital (www.hrecap.com) is a national advisory firm focused solely on the healthcare real estate sector.  Their clients include many of the nation’s largest owners of healthcare real estate, including hospitals/health systems, physician practices, developers and operators.  HRE Capital’s focused model provides clients with the highest level of relevant experience combined with independent transaction analysis, structuring and execution capabilities.

About Capital One. Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $248.2 billion in deposits and $364.0 billion in total assets as of June 30, 2018. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

 

Catalyst CRE changes name

We are proud to announce that Catalyst CRE is now Catalyst HRE.

Early on, we identified ourselves primarily as a real estate firm focused on healthcare. Today, we’re driven by a focus and passion to help healthcare companies deliver patient services in convenient and innovative facilities. 

With over 2 million square feet of healthcare real estate later under our belts, our name is being changed to reflect our sole focus. Though we are a real estate development company, we are first and foremost a healthcare company.

We plan, create, optimize and maintain strategic healthcare facility networks, but those are simply the tools we use to help our clients reach their goals of patient access and quality care.

We are proud to be a part of this important industry, and we are proud to carry the title of HRE.

Mary Lee Coble PhD Joins Catalyst CRE

Catalyst CRE is pleased to announce that Mary Lee Coble, PhD has joined the healthcare real estate team as Senior Vice President of Business Development.  With more than 25 years of experience over several healthcare industry segments, Dr. Coble’s primary focus at Catalyst CRE will be advancing the Company’s geographic expansion through corporate development.

"I’ve known Mary Lee as a partner, developing solutions for hospital systems,” said Catalyst CRE Founder and CEO Chad Henderson.  “Mary Lee is an outstanding addition to our team and we are delighted to welcome her to Catalyst.  Her relationships and industry knowledge will help us cultivate new opportunities in markets with health systems that seek innovative approaches to expanding their outpatient facilities.”

Prior to joining Catalyst CRE, Dr. Coble held development roles at Adeptus Health, Health Integrated and Optum, a United Health Group company.  Most recently, she served as the Senior Vice President of Corporate Development at Adeptus Health, where she worked directly with hospital and health systems to develop strategic partnerships to increase patient access and provide the highest quality medical care to the communities served.

“The future of healthcare delivery is changing rapidly with more hospitals seeking integrated patient care through the expansion of outpatient services,” said Mary Lee Coble. “Catalyst is focused on developing the facilities solutions to meet that evolving need, and I am excited to introduce their capabilities to healthcare providers and hospital systems seeking more effective approaches to delivering patients’ services.”

Dr. Coble holds a PhD from the University of Memphis and a B.A. in Psychology from Loyola University.  Mary Lee, originally from New Orleans, lives in St. Pete Beach, Florida with her family and will be based in Tampa.

Contact Information:
Mary Lee Coble, PhD
mlcoble@catalyst.com
727-460-8801

News Release: Catalyst CRE Acquires White-Wilson Real Estate Holdings for $31.3M

Healthcare real estate development firm Catalyst CRE recently acquired the real estate holdings of northwest Florida-based White-Wilson Medical Center. 

The acquisition-leaseback deal includes 8 buildings and more than 144,000 square feet, purchased for nearly $31.3 million. The facilities will be leased back to White-Wilson, while the medical group continues to focus on patient care and expanding their footprint in the Florida panhandle.

In addition to the lease-buyback deal, Catalyst CRE will also consult with White-Wilson to plan, create, optimize and maintain (PCOM) their future growth and expansion. Though White-Wilson is already one of the largest multi-specialty physician groups on the Emerald Coast, the partnership with Catalyst CRE will allow the medical group to expand and deepen their patient services and geographic area, while still maintaining top standards of care. 

“This partnership allows White-Wilson Medical Center to fully focus on what matters most, our patients,” said White-Wilson CEO Alan Gieseman. “As we move into a new era of healthcare, we are positioned for future growth and expansion. We are committed to ensuring that our patients have access to quality, value-based care close to home, and we look forward to welcoming new physicians, new technology and new service lines to our area.”

Chad Henderson, CEO of Catalyst CRE noted that White-Wilson’s expanded presence would bring more options and access to patients.

“As a successful multi-specialty physician group on the Emerald Coast, White-Wilson has led the way in providing integrated, comprehensive care across multiple facilities and locations,” said Henderson.

“With this new partnership, White-Wilson is well-capitalized to grow into the future and continue providing quality care across northwest Florida. We look forward to bringing the entire PCOM suite of Catalyst CRE services to White-Wilson to help them plan, create, optimize and maintain their health facilities network to create better access which results in quality outcomes,” Henderson continued.

White-Wilson Medical Center first began in 1946 when Dr. Henry C. White opened the first doctor’s office in Fort Walton Beach. When his medical school classmate, Dr. Joseph C. Wilson, joined the practice a few years later, White-Wilson was officially formed. 

In the years since, White-Wilson has continued to grow and provide care for specific, defined needs within the community by building any array of advanced facilities. 

“Since we got our start in 1946, we have been a growing team of healthcare providers, committed to meeting our community’s changing needs. Our partnership with Catalyst CRE allows us to maintain our place in the heart of the communities we serve, adapt to industry changes and continue to meet the area’s healthcare needs,” said Gieseman.

“They share our physicians’ commitment to ensuring access to high-quality health care and understand what it takes to consistently improve outcomes and set the bar for patient care.”

Catalyst CRE is one of the nation’s fastest-growing healthcare real estate development firms. With a focus on healthcare facilities, Catalyst CRE provides a corporate service group platform to healthcare providers, independent physician groups and networks, and healthcare systems. Based out of Pensacola, Florida, the firm manages over 2 million square feet of healthcare real estate in 8 states across the United States.

New medical building opens in Alabama

New medical building opens in Alabama

A ribbon cutting was held earlier this month to mark the completion of the Foley (Ala.) Medical Arts building, according to a news release.

The project, developed by healthcare real estate firm Catalyst CRE, provides an additional 27,800 square feet for orthopedic, cardiac and therapeutic services.

In a news release, Catalyst CEO Chad Henderson said the new construction came as a result of the increasing patient demands of the building's two largest groups of tenants, The Orthopaedic Group and South Baldwin Regional Medical Center. The new building also houses Cardiology Associates and Encore Physical Therapy.

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Catalyst CRE strikes $16.9M deal for Central Florida facilities: 4 things to know

Catalyst CRE strikes $16.9M deal for Central Florida facilities: 4 things to know

Catalyst CRE, a healthcare real estate consulting, investment and development firm, has acquired the Robert Boissoneault Oncology Institute facilities throughout Central Florida for $16.9 million.

Here are four things to know about the transaction.

1. As part of the deal, Catalyst CRE will acquire and leaseback five medical office buildings currently operated by the institute, the firm said.

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