McKINNEY, TX-Forge Realty Partners, a new Dallas real estate firm, launched its

operation with the purchase of The Hospital at Craig Ranch. The 113,000 square foot

facility is anchored by Victory Medical Center Craig Ranch.

The state-of-the-art 57,000 square foot surgical hospital includes a four bed intensive

care unit, twenty private suites, seven operating rooms and three special procedure

rooms. The project also includes 56,000 square feet of medical office space.

Forge Realty is a full service commercial real estate firm that specializes in solutions for

the healthcare community. Led by partners Josh Ihde and Mike Austin, Forge drives

value with their extensive knowledge of the healthcare landscape coupled with

exceptional medical real estate investment opportunities. Managing partner, Ihde

has handled more than 20 transactions with a total volume of over $214 million, as well

as served as the owner and developer of 1.43 million square feet. Austin, who also

serves as chairman of Total Surgical Management LLC and L2 Surgical LLC, has

successfully funded multiple healthcare ventures.

“We are thrilled to launch Forge with such an outstanding facility and a tenant like

Victory Healthcare. This is a great win for our team and we look forward to creating a

new investment experience for the healthcare community,” said Ihde.

Forge has focused its initial efforts in the Dallas Fort Worth metroplex but has plans for

national expansion in 2013.

Victory Healthcare chairman/CEO, Bob Helms said, “We are proud of our partnership

with Forge and are confident that together we will create a state-of-the-art facility for our physicians and our patients.”

The surgical hospital is Victory's eighth location in Texas. The facility will re-open this

summer and will occupy eighty percent of the total space. Victory joins seven other

tenants in the Medical District at Craig Ranch, the largest being the Emerus 24 hour

Emergency Room.

Based in The Woodlands, Texas, privately owned Victory Healthcare operates a growing network of specialized surgical hospitals, training and education centers, and the only privately held tissue bank in the state of Texas.

Instant Insights /

Forge Realty Partners Launched with Medical Acquisition

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