Development Solutions Group

What Development Solutions Group does

Development Solutions Group (DSG) is a full-service healthcare-focused real estate development firm founded in 2002 and headquartered in Greenwood Village, Colorado. The company specializes exclusively in developing healthcare facilities — including medical office buildings, ambulatory surgery centers, sub-acute rehabilitation facilities, and multi-tenant medical plazas — with a distinctive focus on enabling physician and provider ownership of these facilities. DSG operates as a principal-led firm in which the two senior leaders, Andrew E. Shearer (Founder/Manager, 35+ years of experience, $3B+ in career transaction value) and Kevin B. Fosse (Member/Senior Vice President, 45+ years, 5M+ sq ft managed), personally oversee all aspects of development.

The firm's service offering spans the full real estate development lifecycle: program management, feasibility and proforma analysis, site evaluation and acquisition, legal documentation, equity sourcing and debt financing, design and construction management, leasing and tenant recruitment, and post-completion asset, property, and disposition management. The underlying 'technology' is domain expertise rather than software — DSG does not employ AI/ML or maintain proprietary technology platforms, APIs, or SDKs. Its go-to-market is direct and relationship-driven, targeting enterprise healthcare clients (physician practices, medical groups, and hospital systems) through industry conferences (ULI, BOMA, Crittenden Finance), regional real estate and legal forums, and direct outreach.

DSG's revenue model combines professional services (development management fees across the project lifecycle) with managed services (post-development asset and property management). Pricing is project-specific and not publicly disclosed. The firm has completed healthcare projects across Colorado, Kansas, Wisconsin, and New Mexico, typically structured as joint ventures with local physician consortiums ranging from 12 to 119 partners per project, and anchored by hospital-system tenancy with HCA, Centura, Community Hospital, Sauk Prairie, and Christus St. Vincent among its disclosed health system relationships.

Name

Development Solutions Group

Legal name

Development Solutions Group, LLC

Website

https://devsolgrp.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Short description

Development Solutions Group is a Colorado-based, full-service healthcare real estate development firm that partners with physician groups and hospital systems to develop, finance, and manage medical office buildings, surgery centers, and rehabilitation facilities across multiple U.S. states.

Ownership category

akta.pro rank

Product category

Healthcare Real Estate Development

NAICS

Nursing and Residential Care Facilities (623)

SIC

Real Estate Agents & Managers (For Others) (6531), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Healthcare Facility Construction (Hospitals, Clinics, Labs) (IMAFACAD)

akta.pro secondary industry

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

Keywords

• Healthcare real estate development
• Medical facility development
• Physician-owned facilities
• Real estate project management
• Medical office buildings

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Development Management Services: Full-service real estate development fees covering program management, feasibility analysis, site acquisition, legal documentation, equity sourcing, debt financing, design and construction management from project initiation through completion.
2. Asset and Property Management: Ongoing facility management services provided post-development, including property disposition management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Development Solutions Group is a full-service healthcare real estate development firm that partners with physician groups and hospitals to develop physician-owned medical facilities, including medical office buildings, surgery centers, rehabilitation centers, and multi-tenant medical plazas. The firm manages the entire project lifecycle from feasibility analysis and site acquisition through equity/debt financing, design, construction management, and ongoing asset and property management.

Product overview

Development Solutions Group is a full-service healthcare real estate development firm offering a comprehensive suite of services organized as distinct modules: Program Management, Feasibility/Proforma Financial Analysis, Leasing/Tenant Recruitment, Site Evaluation/Acquisition, Legal Documentation Management, Equity Sourcing/Debt Financing, Design and Construction Management, and Asset/Property/Disposition Management. The firm specializes in developing physician-owned healthcare facilities including medical office buildings, surgery centers, sub-acute rehabilitation facilities, and multi-tenant medical plazas. Their completed project portfolio demonstrates expertise across diverse healthcare facility types ranging from 15,000 to 115,000 square feet, with tenant compositions typically including physician practices, surgery centers, and hospital partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Healthcare Real Estate Development Services

Quantifiable outcome

• Completed healthcare facilities including 89,500 sq ft Lincoln Medical Center (74 physician partners), 78,000 sq ft Lowry Medical Center (53 physician partners), and 115,000 sq ft Red Rocks Medical Center (28 physician partners)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered core.

• 74 Local Physician Partners (Lincoln Medical Center)coreStrategic or Co-development PartnerJoint development partnership with 74 local physician partners for the 89,500 sq ft Lincoln Medical Center in Lone Tree, CO, featuring physician practices, surgery center, and HCA hospital tenancy.
• 53 Local Physician Partners (Lowry Medical Center)coreStrategic or Co-development PartnerJoint development with 53 local physician partners for the 78,000 sq ft multi-tenant off-campus medical office building and surgery center in Denver, CO with HCA hospital tenancy.
• 28 Local Physician Partners (Red Rocks Medical Center)coreStrategic or Co-development PartnerJoint development partnership for the 115,000 sq ft multi-tenant off-campus medical office building in Golden, CO with 28 physician partners, featuring physician practices, surgery center, cancer center, and HCA hospital tenancy.
• 54 Local Physician Partners (The Center at Lowry)coreStrategic or Co-development PartnerJoint development with 54 local physician partners for the 68,000 sq ft 96-bed sub-acute rehabilitation facility with private rooms in Denver, CO.
• 119 Local Physician Partners (The Center at Waterfront)coreStrategic or Co-development PartnerJoint development with 119 local physician partners for the 64,000 sq ft 80-bed sub-acute rehabilitation facility with private rooms in Wichita, KS, featuring physical therapy, full service kitchen/dining, and activities of daily living.
• 42 Local Physician Partners (School Road Medical Center)coreStrategic or Co-development PartnerJoint development partnership with 42 local physician partners for the 30,200 sq ft medical center in Frisco, CO with physician practices and Centura hospital tenancy.
• 12 Local Physician Partners (Clear Creek Surgery Center)coreStrategic or Co-development PartnerJoint development with 12 local physician partners for the 15,000 sq ft free-standing off-campus ambulatory surgery center in Lakewood, CO with 4 OR-Surgery Center, overnight stay beds and physician practice suite.
• 16 Local Physician Partners (Physicians Plaza of Santa Fe)coreStrategic or Co-development PartnerJoint development with 16 local physician partners and hospital for the on-campus multi-tenant medical office building in Santa Fe, NM with physician practices, surgery center, and Christus St. Vincent hospital tenancy.
• 14 Local Physician Partners (The Urology Center of Colorado)coreStrategic or Co-development PartnerJoint development with 14 local physician partners for the free-standing off-campus urology center of excellence in Denver, CO featuring 3 OR-Surgery Center, radiation oncology, imaging, lab and clinical spaces.
• 18 Local Physician/Hospital Partners (Canyon View Medical Plaza)coreStrategic or Co-development PartnerJoint development with 18 local physician/hospital partners for the 85,000 sq ft multi-tenant on-campus attached medical office building in Grand Junction, CO with physician practices, surgery center, and Community Hospital tenancy.
• 11 Local Physician/Hospital Partners (Clinics and Offices Building)coreStrategic or Co-development PartnerJoint development with 11 local physician/hospital partners for the 55,000 sq ft clinics and offices building in Sauk Prairie, WI with physician practices, surgery center, and Sauk Prairie hospital tenancy.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/development-solutions-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Development Solutions Group