Caddis Partners
Comprehensive Healthcare Real Estate Solutions

Caddis Partners^® has positioned itself as a leader in healthcare real estate investment, development, and management with an unwavering commitment to enhancing patient care and provider efficiency through world-class facilities. Backed by a deep bench of industry experts, the company offers its hospital and physician clients a best-in-class platform for their real estate needs.

With its roots in the healthcare space, Caddis has grown from the real estate division of one of the most successful independent physician groups in the Southwest United States into a highly specialized company. Unlike many forms of commercial real estate, healthcare-specific real estate requires deep industry knowledge, which makes Caddis a uniquely qualified company.

Lance M. Hardenburg, Managing Partner and CEO of Caddis, says, “What sets us apart is we’ve always been focused exclusively on healthcare real estate investment. We look at it from the perspective of how we can help our physician and healthcare provider clients.”

Caddis offers a full spectrum of services, from acquisition, development, and construction to leasing and management, to maximize value for healthcare providers while helping them focus on what matters most, patient care. The company also owns and develops senior living communities nationwide under its Heartis^® brand, and currently has 16 communities with over 2,000 units.

As an efficient problem solver, Caddis provides practical solutions for clients, including those burdened by difficult financial situations.

While healthcare systems require significant capital to effectively run their business, many of them have found that their ability to raise equity capital or borrow debt financing has become more restricted due to the volatile capital markets. This is where the expertise of a specialized healthcare real estate company is pivotal.

“Our clients don’t have to worry about deploying their dollars to design, develop, and construct buildings. We raise and invest capital ourselves to own and manage the buildings for them. In doing so, we save them significant cost and time, and mitigate risk,” says Hardenburg. “In certain cases, clients just want our expertise in planning and constructing a facility in the most efficient way, and we help them with making that happen.”

In addition to healthcare clients, Caddis has attracted the attention of the investment community with its ability to manage healthcare-focused real estate effectively. Operating as a third-party property management firm for many large REITs and other institutional owners, the team efficiently manages these buildings for the benefit of the tenants and, in turn, helps those third-party owners.

For example, Caddis’ expertise proved instrumental in entitling and developing a specialized building for a behavioral health client. The team worked closely with the client, architects, and other consultants on the project to thoroughly understand and meet the needs of this particular community. This collaborative approach enabled them to bring up key points and deliver crucial insights that others involved didn’t consider.

Drawing on its 15 years of experience and critical business acumen, the team was able to execute the project on time and within budget. Not too long after the building opened, the client faced financial challenges due to the pandemic. Caddis worked with its equity partners and lenders to provide them with an effective resolution, and the business is thriving today.

These client success stories are a testament to Caddis’ ability to deliver innovative and strategic solutions to challenges that healthcare providers face. With a mission to efficiently deliver building solutions that facilitate exceptional patient or resident care and add value to communities, the company has solidified its reputation as a healthcare real estate solution provider.