Stage applies the institutional approach to the middle-market.

Disciplined and Targeted Approach

Since its inception in 2009, Stage has maintained internal discipline to acquire and develop only those medical office opportunities that meet its rigorous investment thesis and business plan.   Tenant financials, physician roster, location metrics and overall market are thoroughly reviewed and underwritten.  Properties that do not generate required yields from the closing date, or that will require financial engineering or accrued returns, are not pursued.   Preference is given to those markets where Stage previously owns properties (or seeks to acquire additional properties), which provides strong local relationships, management efficiencies and portfolio premiums.

Value in Relationships

Over the years, Stage has assembled a top team of leading bankers, attorneys, accountants, brokers and vendors.   Working with similar partners throughout the years has allowed Stage to quickly and efficiently negotiate acquisitions, sales and leases, without having to jump through new learning hurdles.    Stage’s focus is solving any hurdles in the transaction, rather than scrambling to identify new capital sources or walk new relationships through the business at large.  Stage prides itself on repeat business, and has engaged in follow-on transactions with the same buyers, sellers and tenants throughout the years.  

Substantial Personal Investment and Hands-on Management

Stage leaders make substantial personal investments in every transaction, and will not pursue any opportunity that it would not invest its own capital.  In addition, Stage is privileged to have cultivated a roster of high net worth investors, family offices and private equity relationships that co-invest alongside Stage on any given deal.   Once acquired, each property is guided by Stage’s in-house asset and property management team, treating its property as a meaningful addition to the portfolio.