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Investment Sales Veteran Scott Niedergang Launches Healthcare-Focused Advisory Firm

Healthcare real estate veteran Scott Niedergang has launched Physician Real Estate Capital Advisors (PRECAP), based in Chicago. The new platform will focus on sale-leaseback and investment sale advisory services. 

“The rapid consolidation of the U.S. healthcare ecosystem, growth of outpatient facility development, and the significant amount of capital allocated to the sector make this an opportune time to launch PRECAP,” said Niedergang. 

The PRECAP team will specialize in disposition strategies for owners of medical office buildings, ambulatory surgery centers, surgical hospitals, rehabilitation hospitals, behavioral health facilities, dialysis clinics, and other outpatient facilities. 

Niedergang brings 14 years’ experience to PRECAP after serving as a managing director at Cushman & Wakefield and first VP with Institutional Property Advisors, a division of Marcus & Millichap. Throughout his career, he has directly advised on the disposition of more than 175 healthcare assets across 20 states with a market value of nearly $1 billion.  


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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