Risk is part of real estate investing, but how much risk an investor is willing to take on is completely up to them. Kathleen Morgan, Trisha’s business partner, joins the show as a co-host for today’s episode. Trisha and Kathleen’s guest today is Ted Barr, Cofounder of Woodside Health based in Cleveland, Ohio. Woodside Health owns over 40 properties that span across 4 states. What sets Woodside apart from its competition is its willingness to invest in properties that have hair on them!

In this episode, we talk about…

• Business goals of Ted and his partners for Woodside Health
• Why Woodside Health only focuses on the healthcare asset class
• What sets Woodside apart as an investor in healthcare real estate
• Factors that make Ted decide to sell some of his assets
• Characteristics that Ted looks for in a real estate property
• Deciding on what part of the country his time is best spent
• Understanding that this is a relationship business
• What led Ted to the Phoenix market and what keeps him there
• Anticipated growth throughout the “smile states”
• Considering partnerships with physicians within the property
• Recent stories that involve taking physicians on as investment partners

Links to resources:

Ted Barr: Woodside Health

Schedule a free consultation with Trisha: docproperties.com/free-consultation-trisha-talbot

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Healthcare in general is going to evolve post-pandemic, but where is it going? Trisha is back again for part 2 of her interview with Dr. David Perrine, Owner of Perrine Chiropractic Health Center. Dr. Perrine owns the real estate where he operates his private practice in Phoenix. Today, he’s here to talk about the future of healthcare and where functional medicine fits in!

In this episode, we talk about…

• Dr. Perrine’s involvement in the CrossFit gym at his church
• Workouts do more for people than just give them abs
• COVID has presented an opportunity for people to live healthier lifestyles
• Where healthcare is headed after COVID
• When small lifestyle changes can make lifelong differences
• Getting to know a little bit about Dr. Perrine’s life
• One thing Dr. Perrine does every day for healthy self-care
• Telemedicine’s role in the future of healthcare

Links to resources:

Brian Johnson

Atomic Habits

The Obstacle Is the Way

Dr. David Perrine: Perrine Chiropractic Health Center | Book | Blog

Schedule a free consultation with Trisha: docproperties.com/free-consultation-trisha-talbot

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Health is a never-ending process that lasts a lifetime, so it’s time to educate yourself. Trisha’s guest today is Dr. David Perrine, Owner of the Perrine Chiropractic Health Center. Patients come to him with physical ailments all the time but have been told they have no physical problem. Dr. Perrine helps these patients listen to their bodies and finds a holistic approach to treating their symptoms!

In this episode, we talk about…

• First-time patients that come with no physical diagnosis
• Holistic model vs. Reductionalistic model
• Digging down and looking at the root of the problem
• 3 things that you have to do for your body
• What inspired Dr. Perrine to put out so much educational content
• Comparing a healthspan vs. a lifespan
• Switching careers from the corporate food industry to healthcare
• Choosing to start a private practice instead of joining a large company
• How Dr. Perrine chose the location for his property

Links to resources:

Dr. David Perrine: Perrine Chiropractic Health Center | Book | Blog

Schedule a free consultation with Trisha: docproperties.com/free-consultation-trisha-talbot

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When someone walks into a room with a beautiful, healthy smile, the entire room tends to light up. Trisha’s guest today is Dr. Steven Davidowitz, otherwise known as Dr. D, from Luxury Dentistry NYC. Dr. D is passionate about improving the lives of his patients by enhancing their smile and educating them about the benefits of effective oral care. With an unquenchable thirst for knowledge, Dr. D is on a constant journey of growth as both a dentist and an entrepreneur!

In this episode, we talk about…

• What inspired Dr. D to open up Luxury Dentistry NYC
• Sharing stories of changing patients’ lives by changing their inner confidence
• Breaking out of the box that dentists are trained in
• State-of-the-art treatments that Luxury NYC offers right now
• Why Dr. D chose his location on the upper east side of Manhattan
• Developing a strategy for a location in Manhattan as compared to a suburb
• Providing a unique luxury service to people from far out-of-town
• A special case that lasted over a year that Dr. D recently finished
• The correlation between oral health and overall systemic health
• Dr. D found a love for dental health when he was a young child
• Dr. D finds inspiration in staying out of the news

Links to resources:

Dr. Steven Davidowitz, Luxury Dentistry NYC

Schedule a free consultation with Trisha: docproperties.com/free-consultation-trisha-talbot

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Ben Reinberg, CEO of Alliance Consolidated Group of Companies, is back for part 2 of his interview with us this week.

In this episode, we continue our conversation on how Alliance continues to innovate in the field of healthcare real estate and what part technology has played in their success.

In this episode, we talk about…

• The beginning of Ben’s commercial real estate career started with a boom
• Resilience and persistence are necessary to find success in this business
• Alliance thinks outside the box by investing on the fringes of healthcare
• Looking into the future for Ben and Alliance

Links to resources:

Sam Zell

Sheldon Good

Ben Reinberg, Founder and CEO of Alliance Consolidated Group of Companies

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There was a time before healthcare real estate was seen as a good investment when the risk was seen as great and only the resilient dared venture into this space. Trisha’s guest today is Ben Reinberg, the Founder, and CEO of Alliance Consolidated Group of Companies. ACGC began purchasing medical properties during a time when it was seen as a risk because of the fact that no one knew where healthcare was going. What started as success in one sector of healthcare grew to a plethora of sectors, going to show that success breeds success!

In this episode, we talk about…

• ACGC was established in 1995, beginning to acquire commercial real estate shortly after
• The first healthcare real estate purchase that got ACGP into healthcare real estate
• How ACGC looks at their approach has brought on a lot of success
• The build-a-suit model is what got ACGC to where it is today
• It’s all about adding value and helping the situation when ACGC decides to get involved
• Factors that play a role when choosing locations for real estate purchases
• Competing in California with high taxes and low cap rates
• 10-15 years ago, foreign capital started to make an impact in the US
• Playing just under the space of institutions
• Breaking down what a good healthcare market looks like
• How ACGC calculates and mitigates risk when bringing in new clients
• Problems that Ben sees with investing in this industry

Links to resources:

Ben Reinberg, Founder and CEO of Alliance Consolidated Group of Companies

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Healthcare delivery has historically been very inefficient, but industry leaders are currently working to fix that. Trisha’s guest today is Dr. John Shufeldt, Founder of MeMD, a web-based virtual medical care provider that looks to make healthcare a more time and cost-efficient process for the patient. Before he founded MeMD, Dr. John founded a built NextCare, a nation-wide urgent-care-center company that worked with every sector of the healthcare industry in a customer-centric model. In the future, Dr. John hopes to pull the rest of healthcare in a direction that always puts the patient first!

In this episode, we talk about…

• John saw the need for more cost-efficient healthcare years ago
• After creating NextCare, there was still something missing
• How virtual healthcare and brick-and-mortar healthcare support each other
• Factors from the ER that inspired John to start NextCare
• NextCare had to pitch to just about every sector of healthcare
• Searching for the most efficient location for the patients
• We need a more efficient behavioral healthcare model
• AI can be used to make patient experiences much more efficient
• Healthcare is very inefficient with time and money due to a lack of data
• Dr. John’s medical motivation started at a young age
• How a patient can start using MeMD today

Links to resources:

Stillness Is The Key

Ego Is The Enemy

Tribe of Mentors

Rage

Sapiens

Brief History of Time

Principles

Dr. John Shufeldt, Founder and CEO of MeMD

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In an industry that shifts and pivots as often as healthcare, those in the industry must always be looking towards the future in their quest to meet demand. Trisha’s guest today is Ann Atkinson, Founder and CEO of Care Property Investors. Ann has mediated over $16B in medical office property transactions throughout her career. She founded Care with the goal of acquiring and operating healthcare facilities that utilize data-driven analytics to accommodate the future of healthcare trends!

In this episode, we talk about…

• Ann has been inspired by her past teams to start Care Property Investors
• Care acts as a partner to its tenants, but not everyone is always on board
• As a privately-owned company, Care acquisition criteria is unique
• Aging demographics and population act as trend drivers in the healthcare industry
• Where the future of healthcare lies after a global pandemic
• Acquisitions don’t always go smoothly; there is usually a gap in details
• Care is aiming to be at the top of the healthcare real estate investment game
• Content is available in such a wide variety via audible sources

Links to resources:

Care Property Investors

Ann Atkinson on LinkedIn

Care Property Investors on LinkedIn

A Second Opinion Podcast

Team Never Quit Podcast

Ben Greenfield Fitness Podcast

The Nightingale

Lights Out

The Ride of a Lifetime

Above the Line

Atlas Shrugged

Where the Crawdads Sing

Dr. David Berg Podcast

Ann Atkinson, Founder and CEO of Care Property Investors

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If healthcare real estate was easy, everybody would do it, but that doesn’t mean we can’t try to make it as simple as possible. Trisha’s guest today is John Pollock, CEO of Meridian, a full-service investor and developer in the healthcare real estate industry. John’s team redevelops outpatient properties that improve branding and outpatient access to care while also building from the ground up. It’s John and Meridian’s ultimate goal to simplify development in order to enhance healthcare brands!

In this episode, we talk about…

• History of Meridian and how it got to where it is today
• The 2008 recession forced Meridian to get intimate with their customers
• Meridian focuses on outpatient care as an investor and developer
• John’s team works to make their clients’ lives easier
• Key ingredients that Meridian looks for in properties that it pursues
• Solutions that Meridian provides to simplify development
• Meridian’s newest project in Phoenix and why it was attractive
• Architectural hoops that Meridian needed to jump through in the Phoenix project
• Level of importance assigned to the distance of hospitals
• Join-ventures are definitely on the table for Meridian
• How Meridian has responded to the challenges presented by COVID
• The future of healthcare because of the pandemic
• Meridian is very busy with new projects right now

Links to resources:

Atlas Shrugged

John Pollock, CEO of Meridian

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No one enjoys sitting through a renovation, but boy, do those blueprints make things exciting! In Part 2 of Trisha’s interview with James Turpen, CEO of Centum Health Properties, Trisha and James discuss Centum’s recent $5M renovation of a medical office building. James shares all about the process, different challenges that they faced, and Centum’s ability to service those in the healthcare industry. Renovating a building with existing tenants sure makes things interesting, but Centum found a way to make it a success!

In this episode, we talk about…

• Working on-campus vs. working off-campus
• Getting into joint-ventures with the providers that want ownership
• The vision behind the renovation of the Edwards building
• Existing tenants were excited about the potential of the renovation
• Bringing in new tenants by making things more modernized
• Future healthcare real estate opportunities in a global pandemic
• Adaptations in healthcare real estate during COVID
• Rapid-fire questions with James Turpen
• Ideal properties that Centum Health looks to acquire

Links to resources:

White Fragility

James Turpen, CEO of Centum Health Properties

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