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… Exploring the opportunity for (Lender/client) to be the exclusive supplier of equity and debt financing for newly constructed medical-mixed use centers under development by. mmc. mmc. Metropolitan medical care. MMC is the developer and 70% owner of the each shell building.
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…Exploring the opportunity for (Lender/client) to be the exclusive supplier of equity and debt financing for newly constructed medical-mixed use centers under development by mmc mmc Metropolitan medical care
MMC is the developer and 70% owner of the each shell building Individual Service Providers are Tenants & 30% Equity Owners mmc Metropolitan medical care
Management team David Schwartz MD MBA- CEO MMC Retired surgeon who conceived, and for past 13 years has been leading this development effort Joseph Cross, CROSS & ASSOCIATES, VP Development >40 years in Commercial, Residential, industrial ,hospitality and health care development Aaron McDonald, AIA Lead design architect, ( NYC) mmc Metropolitan medical care
The projects…… Loudoun-Chantilly Center (Dulles VA) Phase 1: 200,000 sq ft medical facility*, 175 room 3 or 4 star hotel, 160,000 sq ft research building ( 80% Committed) 90,000 sq ft sports/health facility Phase 2 : 840,000 sq ft of commercial and research facilities, 250 room hotel expansion mmc Metropolitan medical care
The projects…… Shadeland Medical Plaza (Indianapolis, In.) 64,000 sq ft medical bldg , 84 room Wingate Inn hotel , Next to 35,000 sq ft cancer center Primary Tenant Health Synergies mmc Metropolitan medical care
The projects…… Indianapolis NW (Brownsburg) Indiana Denver (Aurora) Colorado 325,000 sf Medical Building with 175 room Hotel 70% Committed mmc Metropolitan medical care
The Projects…. Savannah Quarters Center II- Pooler GA Phase 1: 200,000 sq medical building 175 room 3-star hotel 70,000 sq ft sports and health facility 160,000 sq ft research building Phase 2 320,000 sq ft commercial space CRCC ± psyche hospital
The Projects… West Philadelphia: 707,000 sq ft :155,000 medical, 175-room 3-star hotel,90,000 sportsplex, drama and dance theaters, 160,000 sq ft office building, located opposite parks,museums, the zoo, and at new Amtrack station. hotel Theaters hhH o hH atrium office medical sports
The PARADIGM SHIFT MMC develops a comprehensive medical facility including enough doctors’ offices to support needed services • Integration with the hotel provides a patient-friendly setting for care at a lower cost than at a hospital,, and greater financial feasibility for providers. The facility is structured as a Medical Office Building (MOB), but includes traditionally core hospital services: • Surgery center with recovery, mini-ICU and step-down unit • Full imaging with IR • ER with chest pain unit* • Clinical Lab • Invasive cardiac cath lab* • Radiation oncology* mmc Metropolitan medical care
HOW WILL IT WORK ? All providers have an EMR, and all their IT systems are then integrated (MMC). Enterprise-wide system can monitor medical and financial performances real-time, and provide a portal for efficient clinical studies, both prospective clinical trials and via data mining. MMC can then negotiate a global insurance payment for episodes of care documented and provable to be in lieu of hospitalization (at 80% of current like cost in hospital), divide this payment up among providers in proportion to their UCR fees, and thus increase provider fee revenue per case by 2-3 x. (Groundwork started with Anthem,Pacificare and United Healthcare) mmc Metropolitan medical care
FUTURE TARGET AREAS Metro areas, in location with health care primary service area of 100,000 and secondary service area of 250,000 • Rapid population growth in affluent area- or at least favorable payer mix • Rapid commercial growth- or other factors that create need for hotel • Heavy Managed care penetration , or other conditions that lead providers to seek means to increase their income levels. Strategic Goal: 50+ projects in the US in the next 10-20 years. mmc Metropolitan medical care
DEVELOPMENT STATUS Savannah INDY- NW DENVER LOUDOUN SHADELAND W. Phila Size (Including Hotel) 655,000 sf 655,000 sf 707,000 sq ft 122,000 sf 637,000 sf 325,000 sf Committed Space 122,000 126,500 sf 64,000 sf 98,000 sf 131,500 sf 0 Signed Leases 0 64000 sf 50,000 sf 0 sf 0 sf Land Under contract Contract Pending OWNED Contracts In place Contract In place Furnished to us Zoning In place N/A provided by cdc Approved Zoning likely Approved Const. Start Q4 12 Fall ‘04 Q4 13 2014 Q2 13 Q4 12 Tenant Build-Out ‘05 Q3 13 Summer ‘15 2016 Fall‘13 Q2 13 Occupancy ‘05 Q4 13 Fall ‘15 Q3 2016 Q2 14 Q4 13 Financing Available Available Done Available Available available mmc Metropolitan medical care