Medical Joint Venture Case Study

The Opportunity
A growing medical group sought a purpose-built facility that supported their clinical workflows and long-term practice goals. Ownership was important, but the group needed an experienced development partner with equity to manage the complexity and limit development risk without diverting focus from patient care.

The Joint Venture Structure
Rocky Mountain structured a Joint Venture that allowed the doctors to participate as an equity partner in the development of their facility. The doctors contributed capital at a level aligned with their comfort, while Rocky Mountain supplied the rest of the equity and led site selection, entitlement, design coordination, financing, construction, and asset management.

The Outcome

• 23 purpose-built facilities tailored to clinical workflows and patient experience
• Doctor participation in long-term real estate ownership and appreciation
• A clearly defined partnership structure
• A stabilized asset aligned with the tenant’s operational horizon
• Strategic asset management from accounting, property management, and asset management

Why It Worked

The Joint Venture aligned the tenant’s operational goals with ownership, creating long-term stability and value while allowing the Doctors to remain focused on patient care rather than development execution.