Kaufman Hall Real Estate

Kaufman Hall’s real estate practice provides transaction advisory services to many of the nation’s top healthcare providers and developers/investors of healthcare real estate. Kaufman Hall’s focused model provides clients with an unmatched level of relevant experience & independent transaction analysis, structuring and execution capabilities. Kaufman Hall’s real estate practice was launched in 2021 through the acquisition of Healthcare Real Estate Capital (HRE Capital). Providing both consultative and transaction-oriented services, including asset / portfolio joint venture structuring, recapitalizations, dispositions and other related real estate advisory services, the real estate practice has been involved with more than $14 billion of sector-specific real estate transactions across the United States since 2008.

Sectors We Serve


Our clients include many of the nation’s largest owners of and investors in healthcare and higher education real estate, including hospitals/health systems, universities/academic institutions, physician practices, developers, operators, real estate investment trusts, private equity firms, and institutional investors, among others.

Healthcare

In aggregate, healthcare in the U.S. represents approximately 18 percent of the Gross Domestic Product, equating to almost $3.5 trillion of annual spending.

The facilities that drive this ecosystem are an interconnected network of inpatient (hospitals), outpatient (medical office buildings and ambulatory facilities), manufacturing (medical devices), and research and production facilities (laboratories, academic research, pharmaceutical production) that are designed to serve the specific needs of its occupants.

We have unmatched real estate advisory and transactional experience across the healthcare delivery chain, representing some of the nation’s largest healthcare providers, developers, investors, and users.

Higher Education

There are approximately 4,700 degree granting higher education institutions in the U.S., of which approximately two-thirds are four-year institutions. These institutions provide education for over 21 million students, or approximately 5 percent of the U.S. population.

Over the last decade, due to technological transformation as well as a changing overall job market, Higher Education institutions are facing unprecedented challenges to their traditional business models. This is playing out with a backdrop of aging facilities, evolving physical plant needs and growing pressures on historic funding sources.

We provide advisory services related to how real estate assets could be owned and/or developed. If appropriate, we will provide transaction services related for new real estate development projects and the monetization of existing core and non-core real estate holdings.

Asset Types


Whether it’s a transactional or consultative need, our team has unmatched real estate advisory and transactional experience across all types of assets that are central to our clients’ core business.

Healthcare

We have experience with the following asset types:

  • Medical Office Buildings
  • Ambulatory Surgery Centers
  • Acute Care Hospitals
  • Seniors Housing
  • Research / Biotech Facilities
  • Rehabilitation Facilities
  • Strategic Hospitality Assets
  • Strategic Housing Assets
  • Parking Facilities
  • Manufacturing / Production Related Assets
  • Administrative Assets 

 

Higher Education

We have experience with the following asset types:

  • Student Housing
  • Strategic Hospitality Assets
  • Parking Facilities
  • Administrative Assets
  • Retail Assets
  • Non-Core Land Development
  • Condominium / Seniors Housing Development
  • Research / Biotech Facilities

 

Services We Provide


Our focused model, experience, significant consistent transaction volume, and national footprint allow us to best understand all aspects of transaction value drivers and the nuances of these specific asset classes.

Transactional

  • Investment Sales and Institutional Monetizations
  • Sale / Leasebacks
  • Partial Ownership Recapitalizations
  • Joint Venture Capital Raising
  • Debt Capital Raise
  • Developer / Capital Selection

 

Advisory

  • Owned Portfolio Strategic Assessment and Valuation
  • Real Estate Department Optimization
  • Healthcare Credit Review
  • Healthcare Market Assessment
  • Merger Integration Review and Strategy
  • Leased Real Estate Options Assessment
  • Development Feasibility & Market Studies

Case Studies


Our experience in the healthcare and higher education real estate sectors includes $14 billion of transactions throughout the United States for clients that include many of the nation’s largest institutional and entrepreneurial owners, developers and users of real estate assets.

 

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E. Hunter Beebe, Managing Director, Real Estate Service Line Lead

E. Hunter Beebe is the leader of Kaufman Hall’s Real Estate practice. He has more than 20 years of experience advising health systems, academic institutions, physician practices, developers, investors, and healthcare and higher education real estate operators. Hunter has worked on more than $10 billion in real estate related assignments for many of the nation’s largest and most sophisticated sector participants.

Learn More About E. Hunter
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Brent Farrell, Senior Vice President

Brent Farrell is a Senior Vice President with Kaufman Hall’s Real Estate practice. With more than 20 years of experience in commercial real estate, he has been involved in over $5 billion in healthcare real estate advisory assignments ranging from medical office buildings to hospitals and post-acute facilities. Brent has completed a variety of transactional engagements, including programmatic joint ventures, acquisition sale/leasebacks, outright dispositions, and debt financings, among others.

Learn More About Brent
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William Earl, Vice President

William Earl is a Vice President in Kaufman Hall’s Real Estate practice, with more than 15 years of experience in commercial real estate. He has been involved in over $4 billion in healthcare real estate advisory assignments for a variety of clients nationwide.

Learn More About William
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Stefano Breuer, Assistant Vice President

Stefano Breuer is an Assistant Vice President with the Real Estate practice at Kaufman Hall. His responsibilities include providing analytical, investor outreach, and day-to-day support for current and potential real estate engagements.

Learn More About Stefano

Our team can provide real estate portfolio assessment
for your healthcare organization

Real Estate Insights