From a business and real estate perspective, nearly every aspect of the healthcare industry is unique and much of it is in constant flux. An effective real estate partner must be fluent in all of these distinctive aspects and remain current on changes occurring within the industry.

The Excelsior Group’s Healthcare Real Estate Advisory Group exclusively represents healthcare tenants throughout the Midwest. By maintaining this user-specific focus, our real estate practitioners have developed a keen understanding of the daily challenges faced by our clients.


  • NAIOP Award of Excellence Nominee for Repositioned / Renovated Project 2016
  • MNCAR Office Transaction of the Year 2015
  • NAIOP Award of Excellence Winner for Medical Office 2014
  • Minnesota Business Magazine Leaders in Healthcare ‘Dream Team’ Award 2013
  • NAIOP Award of Excellence Nominee for Repositioned / Renovated Project 2013
  • NAIOP Award of Excellence Nominee for Medical Office 2013
  • NAIOP Award of Excellence Winner for Medical Office 2010


Our team offers healthcare advisory services that can be leveraged as an integrated whole or as standalone engagements that positively impact efficiency, value and cost. Operating as an external extension of your management team, our healthcare specialists are uniquely qualified to work with you to clarify your areas of need – both tactical and strategic – and develop customized solutions that support your short and long-term goals.

Whatever the scope of involvement, we act as your fiduciary and single point-of-contact. We help you develop and implement real estate solutions that fully support the unique business objectives of your healthcare organization and enhance your competitive edge.

  • Strategic Planning
  • Relocation Analysis
  • Lease Renewal / Lease Restructure Negotiations
  • Comparative Lease Cost Analysis
  • Opinion of Sale & Lease Value
  • Site Selection
  • Sale / Lease-back
  • Land & Property Sales
  • Project Management Oversight
  • Land & Building Investment
  • Marketing Planning & Research
  • Competitive Analysis
  • Sublease
  • Building Acquisition & Disposition
  • Lease Negotiations
  • Lease Administration Oversight
  • Development Consultation
Healthcare Real Estate Advisory Services graphic


Steve Brown
Steve Brown Executive Vice President, Partner - Real Estate Advisory
Mike Nordstrom
Mike NordstromExecutive Vice President of Operations - Real Estate Advisory
Misty Bowe
Misty Bowe Vice President - Real Estate Advisory
Jake Sampson
Jake Sampson Senior Associate - Real Estate Advisory