Medical Real Estate
Investment and Consultation
Founded in 1978, J.H. Winokur, Inc. has brokered the sale of real estate well in excess of $3 Billion Dollars. Our firm provides brokerage, advisory and consultation services for over 150 medical groups and partnerships. Services include navigating new partnership’s impact on medical real estate, lease analysis, negotiations and property valuation. J.H. Winokur advisory and brokerage services have successfully assisted medical practices, firms, partnerships and landlords in the real estate sale of ambulatory-surgery centers, endoscopy centers, cancer treatment facilities, urgent-care centers, free-standing emergency rooms, hospitals, medical-office buildings, physician practices and radiation oncology centers.
Sale-leaseback of Medical Real Estate
A Sale-leaseback gives the owner/users of medical real estate the ability to “cash out” in a lucrative real estate market, unwind complicated real estate partnerships, diversify their assets and the opportunity to shelter additional income through 1031 tax exchanges.
The Sale Process
Our firm garners the highest possible sales price by leveraging the value of the medical businesses, their leases and quality real estate. National buyers, private investors, investment funds, family offices and REITS submit competing bids, leading to maximum valuations.
Unlocking longterm relationships to achieve the highest real estate sale price. Finding the best buyer for each property and the right landlord for each business. Providing expert analysis, gauging the current market, navigating the complexities of each deal and creating successful client outcomes. Moving with the markets - capitalizing on the relationships between capital markets, interest rates and real estate sale prices. Determining and advising on the best time to sell and leaseback medical practices, surgery centers and all types of medical facilities.
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Real Estate Sale
Transactions Case Studies
- Lake Surgical Hospital - Slidell, Louisiana - Sale-leaseback of 59,860 square-foot ambulatory surgical hospital owned by S&P investment grade Franciscan Missionaries Our Lady of the Lake and a partnership of physicians. The state-of-the-art multi-specialty facility has 6 ORs, 2 Treatment Rooms, 5 Intensive Care Treatment Rooms, 17 In-patients Rooms, and imaging, MRI, lab and pharmacy.
- South Florida Radiation Oncology (SFRO), nine locations in Palm Beach County, Florida - J.H. Winokur brokered the sale of one of Florida’s leading oncology providers, and majority owned by 21st Century Oncology. Properties include oncology centers, labs and medical offices. The tenant signed a new 15-year absolute NNN lease with a Real Estate Investment Trust at closing of escrow.
- Hauser-Ross Eye Institute, Sycamore, Illinois - J.H. Winokur, on behalf of the physician owners, brokered the sale-leaseback of the 36,100 SF ambulatory surgery center, medical practice, optical shop and spa. Tenant signed a new 20-year NNN-lease at closing of escrow. The property was purchased by a Real Estate fund in a 1031 tax exchange.
- The Zion Eye Institute, St. George, Utah - The largest eye surgery center and eye clinic in Southern Utah signed a new 12-year master lease with a Real Estate Investment Trust at closing of escrow.
- Hanover Hospital, Hanover, Pennsylvania - Hanover Hospital guaranteed a new long-term lease for Hanover Surgicenter, a multi-specialty ambulatory surgery center. The property was purchased by a net-lease trust.
- Union County Surgery Center, Union, New Jersey - Union County Surgery Center, a partnership between a group of doctors and ASCOA signed a 10-year NNN lease. The property was purchased by a private investor in a 1031 exchange.
- Premiere Medical Building, Escondido, California - Sale of two-story medical-office building anchored by Premiere Surgery Center. Along with the eye surgery center, the building is also home to a number of medical practices. The buyer, a rapidly growing medical services company, also purchased the surgery center business.
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Confidential Consultation
& Advisory Services
J.H. Winokur, Inc has successfully worked with over 150 physician groups nationwide. Advising clients on how a business sale to a corporate partner, PE firm and hospital impacts real estate and lease values. Long-term real estate planning with physician groups to determine when best to monetize their real estate.
Advisory and consultant services, navigating complex partnerships between physicians, with hospitals, PE Firms and management companies. Creative planning and solutions to partnership differences as they relate to medical facilities.
Strategies that produce the best outcomes for our client.
Lease Valuations, Negotiations and Advisement.
- Physician development of surgery center - Dallas, Texas - consultation on partnership, development ownership and lease terms.
- Surgery Center - Seattle, Washington - new lease consultation upon sale of majority stake to a national management firm.
- Practice and Surgery Center - Tampa, Florida - Consultation with group on expansion, development of new center and lease valuations.
- Pain Management and Surgery Center - Ohio - Consult with group as they navigate the separate sales of the practice and ASC and create new leases.
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