Transaction Example

150,000 sf MOB with 225 car parking

(all dollars in millions)

Cost to Construct ($475/rsf)

Year one rent (based on a 9.5% yield)

Sale @ 6.0 CAP at CO

Projected Net

$ 71.25

$ 6.77

$ 112.80

$ 41.55

Land (12 ac x $500k/)

Development Fee (6.0%)

Distributions (25/75 split)

Operating Income/

Return to Time of Sale

Return on Equity

Proceeds of Sale

TOTAL

Development Splits and Other Proceeds

(Including land and DF, a part of base cost)

Institution

$ 6.25

0

0.50

1.60

8.38

$ 16.73

Partners

0

$ 4.25

1.15

4.81

25.14

$ 35.35

Total

$ 6.25

4.25

1.65

6.41

33.50

$ 52.08

422% Total return on equity over 5 years,

equal to 85% annually

WHY MEDDEV?

We are a one stop shop to a client's transaction needs, keeping the process simple, predictable and affordable.

We have a proven approach.

We have significant deal flow in place.

Executive leadership has a combined industry and market experience of over 140 years– we know healthcare and the market.

The firms with whom we collaborate are some of the most well respected names in development, construction and health consulting.