MedCraft Healthcare Real Estate

What MedCraft Healthcare Real Estate does

MedCraft is a privately-held, full-service national healthcare real estate firm founded in 1984 and headquartered in Hopkins, Minnesota, with regional offices in Chicago, Denver, and St. Louis. The company provides advisory, development, financing, leasing, project management, and strategic facility planning services exclusively to healthcare providers, including large health systems, hospitals, physician groups, and ambulatory care operators. Over a 40-year operating history, MedCraft has completed more than 125 healthcare projects across 28 states totaling over 11 million square feet, and has been rehired over 100 times by 23 named healthcare organizations such as HCA, Ascension, MedStar, Virtua, mHealth Fairview, Northside, Loma Linda, and Bellevue Medical Center.

The company's core offering is a turnkey, full-lifecycle service platform that takes healthcare real estate projects from feasibility assessment and strategic facility planning through development, construction management, financing arrangement, leasing, and ongoing asset management. Its proprietary technology stack is modest: the firm references internal project management methodology and interactive modeling tools supported by market data and operating metrics for facility planning and decision-making, but does not disclose named software platforms or AI-driven systems. The MedCraft Investment Partners subsidiary adds a vertically integrated capital and financing arm that structures investments, acquisitions, and joint ventures alongside development clients.

MedCraft generates revenue through a mix of professional services fees (development, project management, real estate advisory, leasing commissions), transaction fees on sale and financing arrangements, and investment-related economics from MedCraft Investment Partners including financing arrangement fees, asset management fees, and potential investment returns. Pricing is engagement-based and not publicly disclosed, with multi-year contracts typical for healthcare development projects. The firm goes to market via direct enterprise engagement with health system executives, supported by thought leadership content marketing (News & Insights blog, case studies, LinkedIn) and a referral-driven motion evidenced by the 100+ rehires from the existing client base. Leadership is partner-led, with Jon Lewin as CEO/Managing Partner, Jay Soave as CFO/Managing Partner, and Spencer Lewin as COO.

Name

MedCraft Healthcare Real Estate

Legal name

MedCraft

Website

https://medcraft.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

MedCraft is a privately-held, full-service national healthcare real estate firm providing advisory, development, financing, leasing, and project management services exclusively to health systems, hospitals, and physician groups across 28 states.

Ownership category

akta.pro rank

Product category

Healthcare Real Estate Services

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Health Services (8000)

akta.pro primary industry

Healthcare & Medical Office Brokerage (BPAJABAF)

akta.pro secondary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

Keywords

• Healthcare real estate
• Medical facility development
• Healthcare property leasing
• Medical office buildings
• Healthcare project management

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Development Services: Turnkey development, financing, and ongoing management of new healthcare facilities. Revenue derived from development fees and project management services for healthcare construction projects.
2. Financing & Investment Platform: Through their investment platform, MedCraft provides capital and designs investment and financing strategies for new developments, acquisitions, and joint venture real estate ownership. Revenue includes financing arrangement fees and investment returns.
3. Real Estate Advisory Services: Advisory services including site selection, property dispositions, transaction management, and strategic real estate planning for healthcare provider portfolios.
4. Leasing Services: Full suite of leasing services including Landlord Representation and Tenant Representation, focusing exclusively on healthcare properties.
5. Healthcare Asset Management: Asset management services for healthcare real estate portfolio including property operations and oversight.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

MedCraft is a full-service national healthcare real estate firm that provides customized advisory, development, financing, project management, and leasing services exclusively for healthcare providers. The company delivers turnkey solutions spanning feasibility assessment, site selection, design, construction, financing, and facility activation for hospitals, medical office buildings, ambulatory care centers, and other healthcare facilities.

Product overview

MedCraft Healthcare Real Estate is a full-service national healthcare real estate firm offering a comprehensive suite of advisory, development, and financing services tailored for healthcare providers. The company's portfolio consists of seven interconnected service lines: Development Services (turnkey facility development), Project Management Services (comprehensive project oversight from feasibility through activation), Financing & Acquisitions (investment platform for capital solutions), Real Estate Advisory (strategic real estate planning), Strategic Facility Planning (master planning and programming), Leasing Services (landlord and tenant representation), and MedCraft Investment Partners (dedicated financing platform). Together, these services enable healthcare organizations to develop, finance, and manage healthcare facilities across the full project lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

• MedCraft Investment Partners: Dedicated investment platform providing nimble and flexible financing for healthcare facilities

Products and services

• Development Services Turnkey solution for development, financing, and ongoing management of new healthcare facilities, providing systems, methods, and leadership capabilities for projects of all sizes and complexity across the United States.
• Project Management Services Comprehensive project management (Owner's Representation) services from feasibility assessment through facility activation, including planning, design, construction oversight, operational activation, financing, and specialty services tailored to healthcare facilities.
• Financing & Acquisitions Investment platform providing capital, expertise, and flexibility to design investment and financing strategies for new developments, acquisitions, and joint venture real estate ownership in the healthcare sector.
• Real Estate Advisory Advisory services assisting healthcare provider partners with designing and implementing effective real estate strategies that support operational, strategic, and financial goals, including site selection, property dispositions, and transaction management.
• Strategic Facility Planning Strategic facility planning, master planning, operational and functional programming services with outcomes-driven solutions supported by market data, operating metrics, and interactive modeling tools.
• Leasing Services Full suite of leasing services and analytics for Landlord Representation and Tenant Representation, focusing exclusively on healthcare providers and medical office buildings.
• MedCraft Investment Partners Dedicated investment platform providing nimble and flexible financing for healthcare facilities, structured to create economic value for healthcare provider partners through development capital, acquisitions, and joint ventures.
• Healthcare Asset Management Asset management services for healthcare real estate portfolios including property operations, oversight, and ongoing management of owned and leased facilities.

Quantifiable outcome

• Constructed Ascension facility in under 10 months
• +3 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PMB (Pacific Medical Buildings): Specialized healthcare real estate development firm focused on medical office buildings, ambulatory surgery centers, and outpatient facilities. Direct peer providing turnkey development, ownership, and management services in the same healthcare niche.
• Anchor Health Properties: National healthcare real estate company specializing in medical office buildings, ambulatory care, and wellness centers. Direct peer offering investment, development, leasing, and property management services specifically for healthcare properties—overlapping core service lines with MedCraft.
• NexCore Group: National healthcare real estate developer specializing in ambulatory care centers, medical office buildings, and specialty hospitals. Direct peer offering integrated development, acquisition, and investment services for healthcare providers—closely matching MedCraft's full-lifecycle service model.
• Frauenshuh Healthcare Real Estate: Healthcare-specialized real estate advisory and investment firm (previously named Frauenshuh Healthcare Real Estate). The most directly comparable peer—same niche focus on healthcare real estate advisory, development, and investment services. MedCraft partner Jon Stecher previously held development and capital markets roles there.
• Rendina Healthcare Real Estate: Healthcare-specialized real estate development and investment firm designing, developing, and owning medical facilities. Direct peer with comparable integrated development + capital model targeting the same health system client base as MedCraft.
• Hammes Partners: National healthcare real estate advisory and development firm providing strategy, planning, and project management for healthcare providers. Direct peer competing for the same health system clients on development, advisory, and strategic facility planning engagements.

Broad incumbents

• JLL Healthcare: Global commercial real estate services firm with a dedicated healthcare practice providing brokerage, project management, and capital markets services. Competes for healthcare real estate advisory and leasing mandates though not exclusively focused on healthcare like MedCraft.
• Healthcare Realty Trust: Public healthcare REIT (NYSE: HR) owning and developing medical outpatient facilities. Directly comparable in healthcare medical office building focus, with substantially greater capital base and scale; overlaps with MedCraft's development and leasing service lines.
• CBRE Healthcare: Healthcare-focused practice within global CRE services leader CBRE offering brokerage, valuation, and capital markets services to healthcare providers and investors. Overlaps with MedCraft's leasing and advisory services, with much broader institutional scale.
• Welltower: Largest healthcare-focused REIT (NYSE: WELL) operating senior housing, outpatient medical, and post-acute care properties. Directly comparable as a healthcare real estate capital and operating platform with substantially greater scale; competes with MedCraft Investment Partners for large healthcare development and acquisition mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/medcraft
• Instagraminstagram.com/medcraft_healthcare_realestate/?hl=en
• Xx.com/MedCraft_Health
• Facebookfacebook.com/medcrafthealthcare

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MedCraft Healthcare Real Estate