Texas Tech Physicians — Transmountain Campus MOB

El Paso, Texas

Texas Tech Physicians

Transmountain Campus MOB

From 37 acres to a 7.5x exit.

A 110,000-square-foot build-to-suit medical office building for Texas Tech Physicians, delivered in 2016 immediately adjacent to the new Hospitals of Providence Transmountain Campus — with Craig Laher as Senior Executive-In-Charge. Sold to a national REIT for $45 million in 2021: a 7.5x equity multiple and a 49% internal rate of return.

Build-to-Suit Medical Office (on-campus)110,000 SF2016

The Opportunity

Transmountain Campus MOB is proof of what this operator delivers.

$45M

Exit Sale Price (2021)

7.5x

Equity Multiple

49%

Internal Rate of Return

  • Brokered the Texas Tech–Tenet academic affiliation that formed the hospital.
  • $3 million profit on the hospital-footprint land flip alone.
  • 110,000 SF build-to-suit MOB, delivered 2016 — sold for $45 million in 2021.

The problem was simple to state and hard to solve: 37 acres acquired for Texas Tech on El Paso’s Transmountain corridor, a new hospital planned — and no hospital operating partner. Craig managed an RFP process that vetted several operators; in the end Tenet Healthcare was selected.

He then brokered the Academic Affiliation Agreement between Texas Tech and Tenet — in effect the joint-venture operating agreement that formed the hospital — and sold the hospital-footprint land to Tenet at a $3 million profit on the land alone.

With the hospital secured, the team developed the build-to-suit, on-campus medical office building for Texas Tech Physicians immediately adjacent to it: 110,000 square feet delivered in 2016 at a total cost of roughly $26 million. In 2021 the completed asset was acquired by Healthcare Trust of America, a national REIT, for $45 million — a 7.5x equity multiple and a 49% internal rate of return.

In His Own Words

Craig tells the story1:19

The deal before the building is where the value was made:

Right operator. Right agreement. A 7.5x multiple on exit.

The Asset

Build-to-Suit Medical Office

Texas Tech Physicians — view 1
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Project Facts

Product TypeBuild-to-Suit Medical Office (on-campus)
Size110,000 SF
Delivered2016
LocationEl Paso, TX — adjacent to Hospitals of Providence Transmountain Campus
Tenant OperatorsTexas Tech Physicians · Tenet Healthcare
Exit$45,000,000 — acquired by a national REIT (2021)
Returns7.5x equity multiple · 49% IRR
Craig’s RoleSenior Executive-In-Charge

Scope & Execution

  • Senior Executive-In-Charge on the project
  • Acquired the 37-acre site for Texas Tech; ran the operator RFP that selected Tenet Healthcare
  • Brokered the Texas Tech–Tenet Academic Affiliation Agreement (the hospital JV operating agreement)
  • Sold the hospital-footprint land to Tenet at a $3M profit
  • 110,000 SF build-to-suit MOB for Texas Tech Physicians, delivered 2016
  • Exit: $45M sale to a national REIT (2021) · 7.5x equity multiple · 49% IRR

What Makes This Different

Few operators can point to a track record like this.

Not because they aren’t qualified —
but because the system was never built for them.

Structured the hospital partnership before developing the real estate
Land flip, operator RFP, and academic affiliation all brokered in-house
Institutional exit to a national REIT

No middlemen. No gatekeepers.

Direct access to institutional-grade wellness real estate.

How to Invest

Invest alongside this track record.

This is the caliber of operator you invest alongside. Here is how accredited investors participate in the current opportunity.

01

Apply & Qualify

Complete the short application. We verify your accredited investor status and investment goals to ensure this is the right fit.

02

Schedule Your Investor Call

Get on a call with Craig Laher directly. We walk through the current opportunity, the development pipeline, and whether the offering fits your objectives.

03

Review the Opportunity

Receive the full investor packet including the private placement memorandum, project details, pro formas, and tax-advantaged structuring options for your review.

04

Fund & Get Paid Monthly

Deploy your capital from a $25,000 minimum on a renewable 12-month holding period. Your preferred return of up to 21% per annum accrues from day one, with interest paid to you monthly.

05

Monitor Your Investment

Receive regular updates on project progress, financials, and milestones. Full transparency from groundbreaking through distributions.

Current Offering

Up to 21%

Preferred Per Annum

Interest PaidMonthly
Minimum Investment$25,000
Holding Period12 Months (renewable)
Wellness Districts™

Your capital deserves better returns.

Open to accredited investors only. Up to 21% preferred per annum, with interest paid monthly, $25,000 minimum placement, and a renewable 12-month holding period. Tax-advantaged structures available.

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