Avison Young principals (from left) Erik Foster, Jim Kornick, Chip Ryan and Mike Wilson head up the firm's healthcare capital markets operations. 

Avison Young's National Healthcare Capital Markets Group

Avison Young's national healthcare capital markets group is an influencer in the healthcare real estate community due to its extensive expertise working with large institutional investors, regional developers, hospital systems, and physician groups on significant investment transactions. The group is led by four principals, Jim Kornick and Chip Ryan, based in the Washington, DC office, and Mike Wilson and Erik Foster, based in the Chicago office.

This team has created a national platform over the past few years, expanding its client base significantly and securing assignments with such key healthcare firms as Grosvenor Americas Inc., Harrison Street, PGIM, Healthcare Realty Trust, MBRE, Physicians Realty Trust and others. The team advises  developers on build-to-suits, presales of buildings under construction, joint venture opportunities and exit strategies. Among their development clients are Duke Realty Trust, Heitman, NexCore Group, and others. The team also works with many local physicians groups in different markets to assist them with critical decisions on selling real estate as part of a merger or other ownership changes.

Together the group has completed more than $1 billion worth of healthcare real estate investment sales over the past three years. The Avison Young professionals help healthcare clients achieve their business and operational goals by leveraging real estate, often through strategic dispositions. Among the group's recent notable transactions is a 119,788-square-foot medical office building in Fairfax, VA being sold by Grosvenor Americas Inc. to Harrison Street Real Estate.