SANTA ANA, CA – Grubb & Ellis Landauer Valuation Advisory Services today announced the creation of a Senior Housing and Healthcare Valuation Practice, based in the company’s Sarasota, Fla., office.
Under the leadership of Craig Smith, managing director, and a team of real estate consulting and valuation professionals will focus on the senior housing and healthcare industries.
These include: continuing care retirement communities, assisted living facilities and rental retirement campuses, as well as acute care/critical access hospitals, residential treatment programs, ambulatory surgery centers and other specialty medical practice and treatment centers.
Smith and key team members Justin Butler, associate appraiser, and William Bastian, senior appraiser, combine to provide more than 50 years of experience in this specialty category. Their involvement in more than 4,500 healthcare and senior housing projects has spawned broad exposure and deep relationships few can match in the industry.
“Structural changes in both the senior housing and healthcare sectors are driving the growing need for advisory and valuation services,” said Eduardo Alegre, , executive anaging director of Grubb & Ellis Landauer. “The new practice provides synergies and the opportunity to collaborate with Grubb & Ellis’ Senior Housing practice group and Healthcare Properties Group, with growth opportunities not as constrained by economic cycles.”
Grubb & Ellis Landauer Valuation Advisory Services was established in 2010 to help the company expand into complementary businesses that are necessary to provide comprehensive commercial real estate solutions to its growing client base. The company now has a presence in more than 35 markets in 19 states and Washington D.C.
To learn more about Grubb & Ellis Landauer’s capabilities,
Contact: Julia McCartney, Phone: 714.975.2230
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