Bret ReedOf CounselBret Reed is a skilled corporate and real estate attorney whose diverse background in private practice and as a former chief legal officer for a national healthcare real estate company provides his clients with a unique perspective to maximize investment opportunities, minimize risk and simplify operations.
Bret has structured several programmatic joint ventures with subsidiaries of some of the world’s largest private equity firms and oversaw legal matters for one of US healthcare real estate’s most active acquisition and development operators. He has directed all aspects of healthcare real estate acquisitions, financings, dispositions and recapitalizations, for both stabilized assets and development projects. In addition, he has supervised legal operations for a managed HRE portfolio which has included over 200 assets and nine million RSF, including all leasing, improvements, litigation and land use issues. Bret also has significant experience in M&A transactions, equity syndications, employment matters and corporate restructuring.
Before joining Winstead, Bret served for eight years as General Counsel of Anchor Health Properties, a leading healthcare real estate development, management, and investment company.
Representative Experience
Corporate/M&A Transactions:
- Represented a HRE operator to structure two programmatic joint ventures with a leading private equity firm with a combined capitalization of $1.2B.
- Represented the majority partner in the structuring and partial sale of a HRE operating platform to an affiliate of large real estate investment firm at an initial valuation of $100M.
- Represented a fund co-manager to structure two HRE private equity funds with combined committed capital of $150M.
- Represented an operating member to structure a programmatic joint venture with an international investment bank capitalized at $500M.
- Represented the administrative member to structure two portfolio joint ventures with a real estate investor with 18 combined assets and a total capitalization exceeding $240M.
- Represented an operating member to structure a programmatic HRE joint venture with major real estate investment manager.
- Represented a HRE operator to structure a ten-asset HRE portfolio joint venture with leading private equity firm
- Represented an operating member to recapitalize a three-asset medical portfolio master-leased by a leading Pennsylvania health system through a joint venture with an international investment bank.
- Represented a developer to structure four HRE joint ventures with a private equity firm. Represented a developer to structure an employee-investment vehicle and managed over a dozen private placement offerings.
- Represented an investment advisor to structure an employee-investment vehicle and managed over a dozen private placement offerings.
- Represented an investor client to merge two regional HRE companies into a restructured group.
- Represented an investment advisor in connection with approximately a dozen private placement offerings to third-party investors.
- Oversaw regulatory compliance for a leading national HRE development, management and investment company.
Development Transactions:
- Represented a developer to construct the 208,000 RSF Center at a Florida based advanced healthcare facility.
- Represented a developer/owner to structure, finance, lease, construct and eventually sell a 90,000 RSF in-patient rehabilitation center at a large Tampa hospital.
- Represented a developer in all aspects of developing an 85,000 RSF hospital in Delaware.
- Represented a developer/owner SPE to develop a 62,000 RSF medical facility in Doylestown, PA, and its partial sale (along with two neighboring facilities) to a real estate investment firm.
- Represented a developer/owner to develop an approximately 60,000 RSF medical facility in Easton, PA and its later disposition to a real estate investment firm.
- Represented a developer/owner in acquiring and constructing an approximately 85,000 RSF ambulatory surgery center in Bordentown, New Jersey.
- Represented a developer/owner SPEs to develop three HRE facilities consisting of over 40,000 RSF in and around Phoenix.
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