HEALTHCARE INFLUENCER: Caddis

Caddis is a healthcare real estate investment, development and management firm that has consistently ranked among the top 10 developers of healthcare facilities nationally. Since its launch in 2008 it has developed, acquired or has under management more than 10 million square feet of assets, becoming the largest Texas-based developer of seniors housing and medical office buildings. It targets about $200 million in seniors housing construction starts every year and has completed roughly $1 billion in acquisitions and development since its inception. Caddis has developed products across the entire spectrum of healthcare real estate, including medical office buildings, imaging centers, ambulatory surgery centers, sub-acute and post-acute hospitals, senior living communities and federally qualified health centers.

The company first became active in seniors housing in 2011, specifically at the request of an operator that wanted assistance in developing a new facility in Texas. Upon stabilization, it sold the property.