TwitterLinkedInShare

Healthcare Real Estate

Overview

Waller represents clients in the purchase, sale, development, management, leasing  and financing of hospitals (acute care and specialty), medical office buildings, medical condominiums, outpatient facilities, urgent care centers, senior housing, and skilled nursing facilities across the United States.  We handle large scale, multi-state portfolio transactions and single-asset deals.  Waller attorneys understand the healthcare regulatory environment and the potential hazards related to Stark, Anti-Kickback, fraud, abuse and other regulatory issues and offer comprehensive advice.

Clients tell us we’re thorough, responsive and friendly—they know that we understand their business and are committed to helping them succeed.  While they’re working with our real estate attorneys, many take advantage of the firm’s capabilities beyond real estate—whether in compliance, government investigations, litigation, or other practice areas.  And, they keep coming back.

Hospitals, Outpatient Healthcare Facilities and Senior Housing

Waller counsels owners, operators, developers and managers in a wide-variety of commercial real estate transactions in the healthcare and senior housing/long-term care industries.  We advised a publicly traded hospital system as it spun off more than 70 rural hospitals into two new publicly traded companies, assembling the real property portfolios, performing nationwide due diligence and preparing the conveyance documents.  Waller also represented a public healthcare REIT in the acquisition and leaseback of 10 skilled nursing facilities and the related assumption of bridge and FHA-insured loans.

Medical Office Buildings

Waller assists clients in the purchase and sale, development, management and leasing of medical office buildings.  We  represented a publicly traded hospital system in the spin-off of more than 110 medical office buildings across nearly 20 states to a newly created real estate joint venture.  On the buyer-side, we counseled a publicly traded healthcare REIT in the acquisition of a 15-medical office building portfolio from a not-for-profit hospital system.

Waller also represents REITS, hospitals and other providers of healthcare services in the drafting and negotiation of office space leases, campus ground lease arrangements and development agreements for state-of-the-art medical facilities.
 

Experience

South Florida Hospital and LTAC Acquisition

Represented a publicly traded hospital company of a 400+ bed acute care hospital serving South Florida and a long-term acute care facility located on the hospital's campus located on the Mercy campus.

Private Equity Recapitalization of Public Surgery Center Company

Represented a Nasdaq-listed operator of short-stay surgical facilities in its $600 million merger with a New York-based private equity firm.

Surgical Hospital Acquisition

Represented an investor-owned healthcare provider of short-stay surgical facilities in its acquisition of an ownership interest in a 40-bed facility providing surgical and ancillary services in Idaho.

Acquisition of Revenue Cycle Management Firm and Subsidiary

Represented privately held healthcare technology company in its acquisition of revenue cycle management firm and its claims consulting and outsourcing subsidiary. Also represented client in securing acquisition funding for the transaction.

Private Equity Recapitalization of Healthcare Revenue Cycle Management Company

Represented leading healthcare revenue cycle management company in its $232 million private equity recapitalization.

Acquisition of Distressed Nonprofit Healthcare System

Represented publicly traded hospital company in its $145 million acquisition of a four-hospital, nonprofit healthcare system that had previously filed for Chapter 11 bankruptcy protection.

Acute Care Hospital Acquisition

Represented Nasdaq-listed hospital company in connection with its $80 million acquisition of a Georgia acute care hospital.

Louisiana Hospital Disposition

Represented publicly traded hospital company in the sale of a rural Louisiana hospital.

Kentucky Hospital Acquisition

Represented Nasdaq-listed hospital company in its acquisition of a 100-bed hospital in Kentucky.

Acquisition of Midwestern Hospitals and Outpatient Facilities

Assisted NYSE-listed healthcare provider in its acquisition of two hospitals and outpatient facilities in Illinois from a tax-exempt health system.

Related Industries Served:

Related Legal Services: