Orthopedic Group Serving Austin, TX MSA
May 15, 2025
Georgetown MOB: Unlocking Liquidity for an Orthopedic Group serving Austin, TX MSA
Georgetown Orthopedic Group, who affiliated with St. David’s Georgetown Hospital (HCA) in 2019, engaged Hamric Capital to negotiate a lease with the health system in order to explore a monetization of their medical office building located in Georgetown, Texas (Austin MSA).
Dr. Charles Schwertner, Georgetown Orthopedic Group’s managing physician, said “Hamric Capital did what they said they would do. I highly recommend Hamric Capital to fellow physicians and property owners who are assessing their practice and real estate strategy. They significantly enhanced the value of our property transaction and hit the target as promised.”
The structure and economics of the lease with the health system had a tremendous effect on the real estate value and ability to market the property to institutional capital. Hamric Capital collaborated with the tenant, landlord and health system to extend a lease that solved for optimal property value and successfully navigated the hospital’s right of first refusal to purchase the medical office building.
Hamric Capital engaged a range of institutional investors through a strategic, highly-structured marketing process which yielded numerous competitive offers. The result was a successful sale of the real estate at optimal terms to a thoughtfully selected capital partner.
The transaction was led by Dana Hamric and Richard Gerakitis of Hamric Capital.
