Industry

Real Estate

Company Type

LLC

Size

$50 Million

Investment Type

Equity

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Alliance Medical Fund

Overview

 

Alliance Medical is seeking $50 million ($10 million committed already) of equity to purchase a portfolio of medical office properties


Plan to acquire approx. 20-30 assets ($120 million) in the US over five years


Acquires, finances, manages, leases, develops, renovates, and disposes of medical and veterinary properties in dense population areas


Alliance has delivered a 24% weighted average IRR on all medical properties sold since 2013. (*Disclaimer: Does not include currently owned syndications. Upon execution of NDA and a request to receive information on the currently owned medical syndications, Alliance will directly provide documentation.)


Management has significant real estate expertise and experience – pioneers in the medical office space for the past 17 years

Alliance Medical Fund

Opportunity

Medical offices have been recession resilient, exemplified by 95% collection rates during the depths of the pandemic


Alliance has received 100% of rent payments since the pandemic began on medical office buildings


Net absorption across the top 100 markets totaled 19.1 million square feet in 2021, up from 17.6 million square feet in 2020

Alliance Medical Fund

Solution/ Strategy

Real estate platform investing in medical and veterinary properties with rental growth in initial lease term


Target properties in pro growth states and favorable tax municipalities across the southeast, mountain west, west coast, and southwest U.S.


Alliance onboards acquisitions, performs necessary capital improvements, attempts to increase rents, and seeks to renew tenants early to obtain longer term leases

Alliance Medical Fund

Management

BEN REINBERG

Founder and CEO

Provides overall strategic and investment direction and leadership to the firm. Respected authority on commercial real estate acquisition, investment, development and structuring


Adds value and creates goodwill at every touchpoint. Founded Hillcrest Trading, Ltd., a national acquisition and management firm. Began acquiring commercial real estate assets in the 1990s. B.S. from Indiana University’s Kelley School of Business and is a Certified Public Accountant


Professional affiliations include the American Institute of Certified Public Accountants (AICPA), the Illinois Society of Certified Public Accountants (ICPA), The Urban Land Institute (ULI), and the International Council of Shopping Centers (ICSC). Charter Member of the International Association of Commercial Real Estate Professionals

CARMEN VENTRUCCI

Director of Investor Relations

Fosters relationships with Alliance’s current and prospective investors. Responsibilities include communications, raising capital, providing updates on current investments, preparing financial documents, and distributing preferred returns every quarter


Extensive background in communications, business strategy, sales, process improvement, and is a seasoned real estate investor. Loves the medical community – was a vendor to the healthcare industry for 15+ years. Engineering degree from the University of Minnesota. MBA from the University of St. Thomas

LOUIS JAMES TSUNIS

Director of Acquisitions

Primary responsibility is identifying attractive new properties to acquire for Alliance’s portfolio. For over nine years, was a leading investment sales broker for a national real estate investment brokerage company


Has advised, underwritten, and sold over $500 million in real estate properties. Real estate sales associate license in Florida, MBA from the University of West Florida, and a BS in Business Administration from the University of Central Florida

GRISELDA TELLEZ

Director of Property and Asset Operations

Responsible for day-to-day property and asset management duties. Began real estate career in 1998 working first at Draper and Kramer then Seneca Real Estate Group


Illinois Real Estate Leasing license, Accredited Residential Manager certification, and is currently working towards obtaining a Certified Property Manager designation of the Institute of Real Estate Management

LINDA ALONSO

Executive Administrator

Helps run daily corporate level operations. Acts as the right-hand to the Chief Executive Officer, Ben Reinberg, whilst managing corporate accounting and employee relations


Has assisted Vice Presidents and CEOs in running corporate facility operations to grow their companies

Alliance Medical Fund

Learn More About This Transaction Alliance Medical Fund
Thank you for your interest in Alliance Medical Fund. Please fill out your information and we will contact you shortly with more information about Alliance Medical Fund.

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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