Jamie Baker, PresidentA growing number of healthcare systems in the U.S. are recognizing that their approach to managing their property holdings—the land, medical office buildings, and hospital facilities—is crucial to maintaining their competitiveness. This, combined with the rising construction costs and inflation, is driving many healthcare organizations to become more sophisticated in managing their hospitals and other care properties.
Lundy Group addresses this need by providing specialized services for developing, leasing, and managing highvalue commercial, mixed-use, and in-fill real estate. Leveraging over 25 years of industry experience, it has unbundled various property management elements to offer a menu of services that align with diverse client needs. These offerings include complete or expense-only financial management, full physical property management, and ad-hoc maintenance.
Lundy Group services over 3.5 million square feet of healthcare real estate, which includes medical offices, specialized medical facilities, hospital support facilities, mixed-use developments, urban multi-family residential, warehouses, undeveloped land, and federal/state agencies. It is primarily a relationship-based business that deploys the best team to the field and acts as a client’s boots on the ground, taking care of their needs and building long-term relationships. Lundy Group’s long-term employees, who leverage the experience they’ve gathered over their tenure to ensure robust collaborations, are at the core of its track record of creating and maintaining solid client relationships.
“We seek to add value in whatever way we can to develop long-term relationships with our clients. We don’t hesitate to enlist the help of individuals from outside our organization when we aren’t holistically the right solution for all their needs,” says Jamie Baker, president of Lundy Group.
Lundy Group’s onboarding process involves getting to know clients personally and understanding their operations and needs before figuring out how its expertise can help them. For every client, it employs a team approach in all management aspects, from internal processes and marketing to actual boots on the ground and challenge resolution, breaking away from the conventional transactional strategy of its market contemporaries.
We seek to add value in whatever way we can to develop long-term relationships with our clients. We don’t hesitate to enlist the help of individuals from outside our organization when we aren’t holistically the right solution for all client needs
Many significant U.S. healthcare providers use Lundy Group’s services due to its unmatched competencies. One of them is UNC Healthcare, a non-profit medical system based in North Carolina, which required assistance in developing their first COVID-19 testing center in 2020. Through its team of subject matter experts, Lundy Group built the desired facility from the ground up. It also supported them in operating it without any challenges driven by the emerging disruptions of the time. For this project, it had direct involvement in all aspects, from management and leasing to developing and operating a new medical office.
Today, Lundy Management Group remains a market leader in hospital property management, providing specialized property management suited to each client’s requirements.