Hendrick Health Partners with Realty Trust Group for Portfolio Management Services

(Houston, TX – November 2024) Hendrick Health based in Abilene, Texas, has selected Realty Trust Group (RTG), a full-service healthcare real estate advisory and services firm, to provide portfolio management services including transaction management, lease administration,  and compliance for their 1.3 million square-foot real estate portfolio.

RTG’s healthcare real estate portfolio management program—where real estate is proactively tracked, planned, and managed—offers a significant competitive advantage. With a management portfolio exceeding 20 million square-feet of healthcare real estate and engagements completed in over 35 states, RTG is well-equipped to support Hendrick Health in achieving their strategic, operational, and financial goals.

“Partnering with RTG will enable us to better manage our real estate portfolio and continue to serve our patients with excellence and compassion. This collaboration is a significant step forward in our efforts to enhance our services and ensure financial sustainability,” says Timothy Schmidt, Abilene Market Director, Facility Management and Hendrick Health Director, Real Estate and Property Management.

“Real estate is a strategic asset that can drive growth and enhance service delivery,” adds Chad Simpson, President at RTG. “We are thrilled to support Hendrick Health’s vision and contribute to their continued success in providing high-quality care to the community.”

Hendrick Health, a nonprofit health system employs over 5,000 dedicated professionals and served close to 500,000 patients in 2023. Serving 24 counties in West Central Texas, Hendrick Health offers innovative treatments and preventive healthcare measures that include cardiovascular care, neurology and neurosurgery, neonatal intensive care, orthopedics, women’s health and cancer services. Since its inception, Hendrick Health has been committed to delivering faith-based healthcare services to the community, ensuring that all individuals receive high-quality care regardless of the way they are able to pay.

“RTG is honored to partner with Hendrick Health in managing their real estate operations,” says Craig Flanagan, Vice President, and Texas Market Leader. “Our team is committed to delivering top-tier lease administration, compliance, and transaction management services. We look forward to working closely with Hendrick Health to optimize their real estate assets and support their mission of providing exceptional care to the community.”

To learn more about Realty Trust Group, visit our website.

About Realty Trust Group

Realty Trust Group, LLC (RTG) is a national leader in providing comprehensive real estate solutions for the healthcare industry. Since 1998, we have worked alongside healthcare leaders to leverage real estate as a strategic asset helping to save money, manage risks, create physician alignment, and increase market share.

At RTG we lead with an advisory-first approach, delivering innovative strategies and operational best practices that help healthcare leaders optimize their real estate portfolios. Our services span advisory, development, transactions, operations, and regulatory compliance, allowing us to tailor solutions for specific projects or provide long-term portfolio management.

What sets us apart is our ability to combine objective advice with scalable implementation capabilities. We don’t offer one-size-fits-all solutions—instead, we provide customized, data-driven strategies that address the unique challenges and goals of each client. Fostering collaboration, our team of best-in-class professionals, creates exceptional client experiences that propel healthcare missions forward.

For more information about RTG, visit www.realtytrustgroup.com, Facebook, YouTube and LinkedIn, or call 865-521-0630.