In many ways, the healthcare real estate sector is a stealth one. Year after year, these assets, primarily medical offices, produce steady returns with little fluctuation, delighting its loyal investors. Senior housing, another component of this asset class, is much the same albeit with a little more volatility depending on its fundamentals. Still, navigating these categories is no mean feat for the men and women who specialize in them. Regulations hang heavy over the sector and healthcare real estate has not escaped the current issues troubling commercial real estate, namely high interest rates and falling valuations. In the following pages, we acknowledge the accomplishments of these people, their teams, and their companies.
HELEN M. BANKS More than 40 years ago, Helen Banks began her career in healthcare real estate at a time when very few people, let alone women, specialized in the field. Benefiting from the mentorship of industry leaders, Banks developed experience in leasing, property management, retrofit, relocation, acquisition and disposition, working with physicians, owners, investors, lenders and municipal authorities on a national basis. With 45 years of experience, Banks today is the chairman of TICI Group of Companies and managing principal of Stealth Realty Advisors, overseeing day-to-day operations and management of staff. She works with clients on a national basis to ensure their healthcare real estate requirements are met, including advisory/consulting, tactical/strategic, transactional and back office needs. Her companies publish widely read white papers on a quarterly and annual basis, and Banks shares her experience and knowledge as a mentor to individuals with an interest in the healthcare real estate field, many who have gone on to national brokerage houses and healthcare REITs. Recently, she assisted an existing client with a new start-up fund in procuring $100 million in acquisitions during its first year. She continued to expand the company’s client list and assignments as well as grow her staff and Strategic Alliance Partners to 22 partners in 19 states. Banks also was instrumental in establishing the company’s online presence with its website. She is a member of both the national and Texas chapters of Women in Healthcare, and she is passionate about and active in canine rescue and fostering.
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