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BLOOMINGTON, MN-United Properties recently formed a group that focuses on healthcare practice group clients.

The primary focus of United Properties Healthcare Real Estate Group is to provide in-depth knowledge of healthcare real estate, such as the unique needs of medical properties.

The United Properties group is led by Stephen Brown, a VP, and Dale Glowa, SVP.

“We anticipate that as aging baby boomers need more medical care and consumer demand for healthcare services continues to rise, the healthcare real estate market will match that growth,” Brown says.

Brown adds that healthcare administrators have limited financial resources, and so must be “effective and efficient in their real estate development and management.”

The group will also leverage United Properties other resources to provide creative solutions, particularly in the area of financing.

United Properties’ new group recently announced deals that would relocate two prominent Twin Cities medical practices, Neurological Associates and Edina Plastic Surgery.

United Properties also will break out medical office properties as a special category in its semi-annual reports on the Twin Cities commercial real estate market.

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