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California  + Orange County  + Retail  | 

Mission Viejo Medical Center MOB Planned at Retail Center

HFF closed the partial interest forward sale and arranged the full capital stack of joint venture equity and financing for the ground-up development of Mission Viejo Medical Center (MVMC). The fully-approved, 104,500-square-foot, Class A medical office building is situated on a parking field of the Simon-owned Shops at Mission Viejo in Mission Viejo, CA.

HFF’s Evan Kovac, Andrew Milne and Trent Jemmett advised the seller, Newport Beach, CA-based NCA Real Estate. Welltower Inc. agreed to purchase the developer’s interest and also provide equity and debt capital to the new partnership.

NCA conceptualized MVMC more than eight years ago when it commenced negotiations to acquire the underutilized mall site, recognizing the synergies between retail and medical office. The site is near the main entrance of Providence St. Joseph’s 523-bed Mission Hospital. Upon completion in 2019, it will be the first on-campus MOB constructed in South Orange County in more than 10 years.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Development
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