Vitalis

What Vitalis does

Vitalis is a vertically integrated healthcare real estate investment company founded in 2017 by Elliot LaBreche and headquartered in Miami, Florida. The firm identifies, acquires, brokers, and manages medical office buildings (MOBs), inpatient rehabilitation facilities, clinical research facilities, and outpatient surgery centers across the United States. Its owned and operated portfolio is approximately $200M, with a lifetime track record of $600M+ in closed healthcare real estate transactions and $400M+ in brokered investment sales across roughly 31 deals and 25 states. Notable credit-tenant relationships include Lee Health, Henry Ford Health, Ardent Health, Baptist Health, Ascension, Montefiore Einstein, and PAM Health, typically structured on long-term NNN leases.

Beyond core healthcare real estate, Vitalis operates two adjacent businesses. Vitalis Ventures is an alternative investment platform offering venture capital, growth equity, and opportunistic real estate deal flow to family offices, RIAs, and high net worth individuals via a Juniper Square investor portal; portfolio holdings include Figure AI, Drive Health, Cortechs.ai, Next Health, Olipop, Insomnia Cookies, and various fund positions. Vitalis Smart Communities addresses residential/community investments. The firm also pursues opportunistic real estate (notably a 2024 JV acquisition of the 241-key Hyatt Regency in Green Bay, WI) and maintains a 2021 joint venture with Advenir covering 18 assets and 550,000 SF.

The business model generates revenue through transaction fees on acquisitions and investment sales, recurring management fees from Vitalis Ventures investors, property management fees, and equity participation via co-investment. GTM is sales-led and enterprise field-sales oriented, relying on direct relationships with healthcare providers, hospital systems, and investors rather than broad-based marketing. A small core team of approximately 7-8 professionals executes deal sourcing, underwriting, JV structuring, and asset management.

Name

Vitalis

Legal name

Vitalis

Website

https://vitalisproperties.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Vitalis is a Miami-based, founder-owned healthcare real estate investment firm that acquires, brokers, and manages medical office buildings and outpatient facilities on behalf of health systems and investors. It also operates Vitalis Ventures, an alternative investment platform providing venture, growth, and opportunistic real estate deal flow to family offices and high net worth individuals.

Ownership category

akta.pro rank

Product category

Healthcare Real Estate Investment

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Agents & Managers (For Others) (6531), Investors, Nec (6799), Investment Advice (6282)

akta.pro primary industry

Healthcare & Medical Office Brokerage (BPAJABAF)

akta.pro secondary industries

Real Estate Restructuring, Turnaround & Workout Advisory (Distressed Assets) (BPAJANAH), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL)

Keywords

• Healthcare real estate
• Medical office buildings
• Investment advisory
• Tenant representation
• Alternative investments

Headquarters

HQ city

Miami

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, Technology or R&D

Revenue model

1. Investment Management Fees: Vitalis Ventures charges management fees to investors (family offices, RIAs, high net worth individuals) for access to proprietary deal flow in venture capital, growth equity, and opportunistic real estate investments.
2. Healthcare Real Estate Transaction Advisory: Vitalis earns fees for brokering healthcare real estate transactions including acquisitions, dispositions, and investment sales. They have closed over $600M in healthcare real estate transactions and brokered over $400M in investment sales.
3. Property Management: Dedicated property management services for healthcare real estate assets allowing investors to focus on their practice rather than building management.
4. Co-Investment Returns: Vitalis co-invests alongside institutional investors in healthcare real estate and venture deals, generating returns through equity participation and appreciation.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Vitalis is a vertically integrated healthcare real estate investment company that identifies, acquires, brokers, and manages medical office buildings, inpatient rehabilitation facilities, and clinical research assets across the United States. Through its Vitalis Ventures division, the firm also operates an alternative investment platform offering venture capital, growth equity, and opportunistic real estate exposure to family offices, RIAs, and high net worth investors. Additional service lines include tenant representation, acquisitions and investment sales brokerage, and dedicated property management for healthcare real estate.

Product overview

Vitalis is a vertically integrated healthcare real estate investment company operating as both a property investor/operator and an alternative investment platform. The core offering consists of healthcare real estate acquisitions and investment sales brokerage services, complemented by its Vitalis Ventures platform for venture capital and growth equity investments in healthcare technology companies. The company also engages in opportunistic real estate investing and provides tenant representation services. The Vitalis Ventures portfolio includes investments in AI-powered healthcare technology companies such as Drive Health and Cortechs.ai, which are separate portfolio companies rather than Vitalis-branded products.

Differentiator

Problem solved

Functional benefit

Products and services

• Healthcare Real Estate Investment

Quantifiable outcome

• 30% growth in 65+ U.S. population expected over next decade driving healthcare real estate demand
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature1 record

Partnerships

Three partnerships are on record, tiered major and core.

• Outlook Development Group (ODG)majorStrategic or Co-development Partner · 23 May 2024Joint venture with ODG and Scarlett Hotel Group to acquire the 241-key Hyatt Regency convention center hotel in Green Bay, WI. ODG is partnered with Scarlett Hotel Group for management and property improvement plan execution.
• Scarlett Hotel GroupmajorImplementation/ SI/ Consulting Partner · 23 May 2024JV partnership with Scarlett Hotel Group to acquire and manage Hyatt Regency Green Bay. Scarlett Hotel Group oversees management, operation, and Property Improvement Plan (PIP). SHG is headquartered in Chicago with a 17-hotel portfolio including convention center hotels in the Midwest.
• AdvenircoreStrategic or Co-development Partner · 1 January 2021Vitalis and Advenir formed a joint venture in 2021 to acquire stabilized healthcare real estate nationally. The partnership consists of 18 assets across 13 states totaling 550,000 SF. Advenir was founded in 1996 by Stephen Vecchitto and manages multi-family and single-family rental communities valued at over $3 Billion.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Calkain Companies: Net lease commercial real estate investment sales firm with a strong healthcare/MOB specialization. Comparable in transaction advisory focus on single-tenant healthcare net lease assets.
• Anchor Health Properties: Healthcare-focused real estate investment, management, and brokerage firm operating nationally with medical office buildings and outpatient facilities, directly comparable to Vitalis's vertically integrated HC RE model.
• Flagship Healthcare Properties: Healthcare-specialized real estate investment, development, leasing, and property management firm focused on medical office buildings. Closely mirrors Vitalis's vertically integrated HC RE service stack.
• Hammes Partners: Healthcare-focused real estate advisory and investment firm providing strategy, development, and transaction services to health systems and providers — directly comparable to Vitalis's HC RE advisory and acquisition practice.
• Blueprint Healthcare Real Estate Advisors: Boutique brokerage and advisory firm dedicated to healthcare real estate transactions, including MOBs and senior care facilities. Comparable as a niche HC RE transactional advisor serving similar physician and health system clients.
• Montecito Medical Real Estate: Specialized medical office building investor focused exclusively on healthcare real estate, often acquiring from physicians and health systems. Directly comparable as a healthcare-pure-play MOB investment and brokerage firm.
• MedProperties Holdings: Healthcare real estate private equity firm acquiring and developing medical office, ambulatory care, and specialty facilities. Comparable as a fund-driven HC RE acquirer with similar asset class focus.

Broad incumbents

• JLL Healthcare (Jones Lang LaSalle): Global commercial real estate services firm with a dedicated healthcare practice providing investment sales, tenant representation, and capital markets advisory. Comparable as a broader incumbent competing for the same HC RE transaction mandates.
• Lillibridge (Ventas): Healthcare real estate platform of Ventas, providing MOB management, leasing, and tenant services. Comparable as a broad incumbent in HC RE services operating at much larger scale.
• Healthcare Realty Trust (Healthcare Trust of America): Public medical office REIT owning and operating a large MOB portfolio across the U.S. Comparable as the dominant incumbent in the asset class Vitalis targets, but at vastly greater scale and with public capital access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vitalisproperties

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments2 records

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

Frequently asked questions about Vitalis