Company Overview

Birchwood Health Care Properties is a Chicago-based health care real estate investment firm that invests in senior housing, nursing homes and specialty health care real estate.

Birchwood offers a flexible investment approach to the sellers and operators they work with. Birchwood provides a wide range of financing structures which include sale-leasebacks, 100% acquisition financing (acquisition of facilities on behalf of operators who want to operate them) and joint-ventures. Through their network of operators and partners, they also have the ability to lease and manage health care facilities or asset manage them on behalf of third party landlords. Birchwood has deep industry relationships, entrepreneurial structuring capability and extensive capital available to facilitate the ideal transaction.

Birchwood has built an experienced and cohesive team of investment professionals, advisors, operators and investors to position the company for significant growth over the coming years.

Isaac Dole
Birchwood Health Care Properties was founded by Isaac Dole in 2014. Prior to BHCP, Mr. Dole was Managing Director of Acquisitions for a large publicly traded healthcare REIT.

Throughout his career in health care real estate, Mr. Dole has participated in excess of $350 million of nursing home and senior housing transactions. Mr. Dole has acquired 55 nursing homes which total over 3,700 beds. In totality, the principals of BHCP have participated in more than $3 billion in commercial real estate transactions.

Strategy

BHCP’s strategy capitalizes on a sophistication arbitrage opportunity wherein BHCP acquires underperforming facilities from legacy owner-operators and transitions them to more sophisticated operators.

BHCP targets value-add opportunities at an attractive basis to ensure long term flexibility in facility programming.

Through this strategy, BHCP believes it is well positioned to maximize profitability by optimizing revenue and decreasing expenses.

Upon stabilization, BHCP intends to refinance the facility with long-term, non-recourse, fixed-rate HUD financing – potentially allowing for a take-out of virtually all of the initial capital stack.