New GI Partners venture to focus on medical outpatient buildings

GI Partners has formed a venture focused on investments in medical outpatient buildings (MOBs). The platform, UDLR Healthcare, is a partnership between GI Partners and a team of former executives from Healthcare Trust of America (HTA), a large owner and operator of MOBs in the United States.

GI Partners recognizes the attractive demographics supporting the sector and growing importance of MOBs within the evolving healthcare landscape.

“We are thrilled to embark on this new venture in healthcare real estate,” said Joyce Chow, principal at GI Partners. “As the demand for high-quality medical facilities continues to rise, we believe strategic investments in MOBs present a compelling opportunity. Our decision to partner with former HTA executives underscores our commitment to assembling a team with experience at scale and deep understanding of the dynamics in this sector.”

UDLR Healthcare is led by key former executives from HTA, including its long-time CFO