Treasury & Capital Markets
including municipal advisory services*
Health Care Real Estate Advisory - Welcome to our industry leading team from HRE Capital!
We are the Leading Independent Advisor for Real Estate Transaction Advisory
Independent, Objective Advice. Strong Advocacy.
Ranked No. 1 in New Healthcare Debt Issuance 12 of last 15 years according to Thomson Reuters™ Municipal Market Analysis**
What we do
We work with clients across the country to provide balance sheet performance advisory solutions. Our goal is to help clients achieve best practice integration between balance sheet resources and their strategy, operations, and capital funding needs.
We recognize that there are fundamental trade-offs between cost, flexibility, and risk, whether it be the cost of debt instruments, expectations for investment returns, or optionality associated with real estate structures. Our team employs analytical resources to help you make sound decisions about capital formation, knitting together expertise about capital management; debt and derivative advisory; real estate capital markets; strategic resource allocation; treasury operations; and invested asset strategy.
Once you have the right decision in hand, Kaufman Hall can provide industry-leading execution.
How we help
Balance Sheet Performance Advisory Solutions
Capital Management
We provide expert assistance in assessing potential sources of capital, evaluating your organization’s debt and credit capacity, and making the right capital structure decisions for long-term success. Our strategies help better position our clients to access external capital affordably and under the right terms.
Treasury Operations
We partner to help improve treasury operations structure and take a more strategic approach to managing the function. Identify ways to automate manual processes, determine the right mix of credit and banking services at the right cost and terms, and optimize existing banking relationships for success.
Real Estate Capital Markets
Our real estate capital markets team can help you comprehensively understand your real estate financing options and enhance the performance of your real assets. We develop coordinated perspectives about the strategic, financial, and operational aspects of a real estate portfolio. We work with clients to access external funding channels focused on real estate investment.
Debt & Derivative Advisory
Capital markets are complex and dynamic. Our experts work with you to determine your organization’s specific financing needs and develop the right approach to accessing external funding channels. We serve as your advocate throughout the execution process to identify and execute on the best available transaction execution.
Strategic Resource Allocation
Our team leads you through a process of establishing and maintaining a Strategic Resource Allocation framework which dynamically connects the deployment of financial resources with claims on those resources that exist across the organization’s operations, strategy, capital and liabilities. The risk-balanced approach is designed to position resources appropriately to both protect and advance mission.
Invested Asset Strategy
Our experts help you establish a clear and well-articulated role for your organization's investments. Our work enhances the efforts of your investment advisory team by validating your organization's approach to deploying invested assets.
We’re Trusted Advisors and Thought Partners
We’ve collaborated with more than 1,000 healthcare organizations of all sizes and types, helping leaders understand the financial impact of every strategic and tactical decision they make. Contact us for expert guidance that positions your organization for success.
Robert Turner
Robert Turner is a Practice Leader in the Treasury and Capital Markets practice. He consults with healthcare clients nationwide, focusing on issues related to capital structure strategy, and the analysis and implementation of debt transactions.
Learn More About Robert
Sarah Dawkins, Managing Director
Sarah Dawkins advises healthcare executives across the country on issues related to credit strategy, capital structure risk management, and the analysis and implementation of debt transactions.
Learn More About Sarah
Eric Jordahl
Eric Jordahl directs Kaufman Hall’s Treasury and Capital Markets practice and focuses on helping healthcare organizations nationwide by providing Treasury-related transactional, strategic, and management support across all financial assets and liabilities.
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Ryan Freel
Ryan Freel advises healthcare leaders nationwide. His areas of expertise span capital markets transactions, mergers and acquisitions, strategic and financial planning engagements, and enterprise risk management.
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David Ratliff
David Ratliff focuses on advancing client’s enterprise risk and resource allocation strategies, and orchestrating suitable investment platforms, including advisor selection.
Learn More About David
Matt Robbins
Matt Robbins provides partnership and financial advisory services for a broad range of healthcare clients engaged in various types of transactions, such as borrowings, debt restructurings, derivatives, mergers, acquisitions, and joint ventures.
Learn More About Matt
Geoff Stenger, Senior Vice President
Geoff Stenger is a Senior Vice President with Kaufman Hall’s Treasury and Capital Markets practice, specializing in bond issuance, private placements, and treasury management. His expertise includes bank credit financing solutions and treasury operations consulting.
Learn More About Geoff
Steven Sohn, Senior Vice President
With more than 20 years of finance experience, Steve Sohn advises healthcare clients nationwide on credit positioning, financial risk management, debt offerings, interest rate swaps, private/public financial transactions, and capital structure performance.
Learn More About Steven
Our team can help to improve financial health
and reduce risk for your healthcare organization
Featured Treasury & Capital Market Insights
To 2022 and Beyond
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Fun With Statistics Healthcare Treasury and Capital Markets
One of the pillars of statistical analysis is reversion to the mean. But what guide do you use when the Fed’s policies have fundamentally reset how markets work?
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A Long Strange Trip
If COVID is King Kong and inflation is Godzilla, Kong is winning and will likely keep winning until time and events help us figure out how to live with COVID as endemic.
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* Kaufman Hall & Associates is currently registered as a Municipal Advisor with the U.S. Securities and Exchange Commission and the Municipal Securities Rulemaking Board. Within the Municipal Securities Rulemaking Board ("MSRB") website at www.msrb.org, you may obtain the Municipal Advisory client brochure that is posted on the MSRB website. The brochure describes the protections that may be provided by the MSRB Rules along with how to file a complaint with financial regulatory authorities. For clarity, municipal advisory services include providing advice related to the issuance of municipal securities or the use of municipal financial products.
**Kaufman Hall was ranked the No. 1 financial advisor in the U.S. in new healthcare debt for both long-term municipal public offerings and private placements every year since 2005 with exceptions of second-place finishes in 2014, and 2018, and 2019, according to Thomson Reuters™ Municipal Market Analysis.