OC Abstract

Blue Cove Capital is a leading boutique financial planning practice that provides innovative, non-biased strategic advice to a diverse client base nationwide. We assist our clients in achieving their financial objectives by offering comprehensive integrated planning services pertaining to all areas of the financial landscape. Our dynamic advisory practice supports clients through all phases of the financial planning cycle through expert capabilities in Wealth Accumulation, Asset Allocation, Tax Diversification, Capital Preservation, Retirement Distribution, Legacy Planning and Risk Management.

From our extensive experience with healthcare real estate investment, we are sensitive to the enduring relationship that often follows the sale of a healthcare asset. The monetization of a healthcare property, especially those situated on a hospital campus or tenanted by a hospital or their physician constituency, marks the beginning of a long-term relationship. In order for that relationship to work, we recognize the importance of developing a keen understanding of, and sensitivity to, the healthcare institution's values and culture. As a landlord to healthcare tenants, including hospitals, physicians, and other medical professionals, we are familiar with many of the unique issues that affect tenants of this type. Accordingly, we recognize the need for flexibility and creativity. Norvin regards the medical community as its core constituency and strives to ensure that hospitals and physicians we work with are well served by our stewardship. This approach has served Norvin well and resulted in our establishing strong bonds with many healthcare professionals. By adhering to this critical tenet of its ownership and management philosophy, Norvin's investors are equally well served. Since the creation of Norvin, our properties have maintained an average occupancy of greater than 95%, exceeding average occupancy rates in every market where we have a presence. Norvin has executed hundreds of leases with healthcare providers; many of our tenants are Blue Chip credit with S&P and Fitch ratings of AAA to BBB. Some of our major tenants include: University of Texas MD Anderson Cancer Hospital, Texas Children's Hospital, Memorial Hermann Health System, St. Luke's Episcopal Health System, DaVita Corporation, Hospital Corporation of America, Fondren Orthopedic Hospital and Sugar Land Surgical Hospital.

Somerset Partners is a prominent real estate investment firm based in New York City, specializing in the acquisition and development of office and retail properties. With a focus on prime locations, Somerset aims to enhance the market position of its assets by upgrading tenant services and amenities, as well as attracting high-profile tenants. One of Somerset's notable properties is 450 Park Avenue, a 33-story building located in the Plaza District of New York City. This prestigious asset offers approximately 335,000 square feet of rentable space, making it an ideal choice for top-tier financial advisory boutiques and investment firms. Somerset's strategic efforts during the hold period included the development of pre-built offices and the successful repositioning of retail space, attracting renowned tenants such as Phillips de Pury Company, the world's third-largest art auction house.Generated from the website