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Building for the Future: How Health System Activity is Driving Atlanta's Next Chapter

Navigating Consolidation, Capital Constraints and Campus Strategy in Atlanta's Evolving Health System Landscape

Bennett Thompson

Bennett Thompson

VP, Real Estate

Atrium Health

Keishia Niblack

Keishia Niblack

Director of Corporate Leasing/Real Estate Management

Piedmont Healthcare

Kyle Orr

Kyle Orr

Project Director

McCarthy Building Companies

Keishia Niblack

Director of Corporate Leasing/Real Estate Management

Piedmont Healthcare

With more than 15 years of experience, Ms. Keishia Niblack joined Piedmont Healthcare, Inc. as the Director of Corporate Leasing in October 2018. Ms. Niblack is responsible for the managing and directing Piedmont’s 3.8M SF lease portfolio working with both internal and external end users to achieve a myriad of real estate goals for Piedmont Healthcare, Inc.

Ms. Niblack serves as an advisor to the Piedmont Healthcare Corporate senior management on real estate matters and works with executives to develop and implement real estate strategies consistent with business requirements and operational needs. Prior to this role Ms. Niblack worked with Children's Health of Atlanta for 6.5 Years where she was quickly promoted to Real Estate Manager. Ms. Niblack's additional experiences include working with land acquisitions, residential developments, residential sales, and developing the operations and organizational structure for real estate sales.

Ms. Niblack is a 2018 graduate of the Real Estate Associate Program (REAP) and a 2020 graduate of Urban Land Institute's Center for Leadership Class. She is active in her community and volunteers with Gateway Center, Open Hand Atlanta & is a board member for an Genesis Innovation Academy in Atlanta. Keishia holds a BS in Public Relations from Georgia Southern University and a Master’s in Public Administration from the University of Phoenix.

Ms. Niblack is a native Georgian and currently resides in Doraville, GA with her three children, Jonathan E. (19), Jaida (15) and Gabrielle (11).

Kyle Orr

Project Director

McCarthy Building Companies

Kyle Orr is a Project Director at McCarthy Building Companies, the oldest privately held construction

company in the U.S. In his role, Kyle is responsible for leading teams through the design and

construction of major projects, works alongside top leadership, and contributes to the company’s over

$5 billion dollars in sales annually.

Kyle joined McCarthy Building Companies in 2012 as a Project Engineer after graduating from the

Georgia Institute of Technology with a Bachelor of Science in Civil Engineering. Since starting with

McCarthy, Kyle has built his career on some of Atlanta’s most notable projects, including the $278.2

million construction of the Central Passenger Terminal Complex Landside Modernization at Hartsfield-

Jackson Atlanta International Airport, the Georgia Institute of Technology Engineered Biosystems

Building, and the Emory University Hospital Tower J-Wing Expansion.

Aside from his career, Kyle has been involved in many projects through McCarthy’s Heart Hats program-

a national outreach program focused on giving back to the communities where employees live and

work. He is also a strong advocate and supporter of the Partnership for Women Group at McCarthy, an

internal employee resource group focused on empowering, including, and promoting the talents of

women across McCarthy Building Companies, Inc.

Kyle currently resides in the Atlanta, GA area with his wife, Katie, and two daughters, Emerson and

Evelyn.

From Clinic to Campus: How Outpatient Growth Is Reshaping Atlanta's Medical Office Landscape

Unpacking the Investment, Development and Leasing Dynamics Driving Atlanta's Medical Office Growth

Justin Carpenter

Justin Carpenter

Principal

Evergreen Medical Properties

Elliott Sellers

Elliott Sellers

Partner & SVP of Investments

Anchor Health Properties

David Martin

David Martin

EVP & Managing Director

Remedy Medical Properties

Justin Carpenter

Principal

Evergreen Medical Properties

Justin Carpenter is a Principal at Evergreen Medical Properties. He has a diverse real estate background working on behalf of both institutional and private investors across asset classes. Most recently, he served as a Vice President at Iron Tree Capital, a real estate investment firm. Earlier in his career, he served as the Director of Finance for RCG Ventures where he was responsible for overseeing all portfolio underwriting and analytics as well as fundraising and financing initiatives for a $1 billion national retail portfolio. Prior to RCG, he managed a portfolio of non-performing loans and REO properties at Midland Loan Services and worked at PGIM Real Estate (formerly Prudential Real Estate Investors) where he underwrote more than $1.3 billion in total acquisitions as well as several strategic dispositions. Mr. Carpenter graduated Summa Cum Laude with a BBA degree from the University of Georgia with a major in both Finance and Real Estate.

Elliott Sellers

Partner & SVP of Investments

Anchor Health Properties

Elliott Sellers is a Senior Vice President, Investments & Partner with Anchor Health Properties and serves an integral role in the management of real estate acquisition and development investments. Originally joining Anchor Health Properties as part of the internship program, Mr. Sellers now leads the Company’s Washington, DC office and oversees the Investments team. During his six years at the Company, Mr. Sellers has overseen or been involved with approximately $3 billion of closed investments to date across 150+ distinct transactions. In addition to leadership of the Investments team, Mr. Sellers leads business development efforts for the Mid Atlantic, Southeast, Southern California, and Pacific Northwest regions through which he has overseen the acquisition of more than 2.5 million square feet of healthcare real estate investments to date. Mr. Sellers is a member of the Firm’s investment committee.

Prior to his current role, Mr. Sellers interned at HFF in Charlotte, North Carolina, with key focus areas including investment sales and debt placement for a wide variety of asset classes.

Mr. Sellers is actively involved in the healthcare real estate sector and sits as a committee member of the inaugural Revista Rising Leaders Council- a hand selected industry group of rising professionals dedicated to supporting growth of the healthcare real estate sector. Locally in Washington, DC, Mr. Sellers is involved with Urban Land Institute through a variety of programs, including most recently graduating from the 2022 Leadership Institute. Mr. Sellers enjoys volunteering in his community and previously served on the Central Virginia American Red Cross Board. Mr. Sellers holds a BBA degree in finance from James Madison University (JMU) and is a Chartered Financial Analyst (CFA®) charterholder.

David Martin

EVP & Managing Director

Remedy Medical Properties

As Executive Vice President & Managing Director at Remedy Medical Properties, David

Martin is a key member of the organization’s Senior Leadership Team, leading the

company’s national healthcare real estate development strategy.

David oversees all new ground-up development projects, providing executive-level

leadership to the construction delivery team.

With nearly 25 years of experience in the industry, David has been instrumental in the

completion of over $2 billion in healthcare real estate developments. His work has

ranged from small clinics to large-scale multi-tenant medical office buildings to

specialized healthcare facilities, driving innovation and excellence across all projects.

Prior to joining Remedy, David served as Senior Vice President and Development

Executive at Duke Realty Healthcare, where he played a pivotal role in expanding the

firm’s mid-west healthcare development portfolio over a 10-year tenure.

Prior to his transition into healthcare real estate, David was a partner in a family real

estate development and management firm based in Evansville, IN. where he

successfully acquired and developed more than 30 Section 42 Low Income Housing

Apartments and brokered multifamily property sales nationwide. David started his real

estate career as Commercial Real Estate Lender having worked for Indiana National

Bank in their Cincinnati, OH office and then Trust Company Bank (SunTrust Bank) in

Atlanta, GA

David is a Certified Commercial Investment Member and holds a CCIM designation and

is a Licensed Real Estate Broker in Indiana.

Education:

- Bachelor of Science | Marketing, University of Evansville

- Certificates from eCornell:

- Project Leadership

- Project Management

- Project Management 360

- Maxwell Leadership – Certified Team Member

- Certified Coach

- Certified Speaker

Awards & Recognition:

- 2021, 2022, 2023 and 2024 HREI Insights National Project Award winner for best new

medical office buildings (various categories)

- Midwest Real Estate News– 2019 Real Estate Hall of Fame inductee

**Location**: Indianapolis, IN

Why You Should Attend the Atlanta Healthcare Conference

Why This Matters: 

Atlanta's healthcare real estate market continues to perform. The market ranks among the top markets nationally for MOB net absorption, and deals are closing at a pace that signals broad conviction in Atlanta's long-term healthcare real estate fundamentals. Metro Atlanta's medical office vacancy rate stood at 7.4% as of Q4 2025 with high-demand corridors like Downtown Atlanta (0.58%), Midtown (3.68%), and Northwest Atlanta (4.47%) running significantly tighter. Meanwhile, Wellstar, Northside, Emory Healthcare, and Piedmont Healthcare are all actively expanding their outpatient networks across the metro area to establish footholds in the region's fastest growing corridors.  

The demand side is equally compelling. Metro Atlanta's population has grown approximately 11% from 2020 to 2025, adding over 600,000 residents — and every one of them needs access to care. As the region's population continues to grow, demand is driving the need for outpatient and ambulatory delivery, putting a premium on well-located, purpose-built medical real estate in communities far from the traditional hospital campus. At the same time, Atlanta's hospital infrastructure is undergoing its own transformation, with billions of dollars in new facility investment and major campus expansions either breaking ground or advancing through approvals across the metro in 2026. 

But the market isn't devoid of challenges. Rising construction costs, evolving health system capital priorities, and the question of how consolidation shapes facility strategy are all reshaping how developers, investors, and systems approach the next cycle. Bisnow's Atlanta Healthcare Real Estate Conference brings together the owners, developers, investors, and health system real estate executives driving this market to unpack what's happening right now, and what comes next.

What You'll Learn: 

  • Where is MOB investment and development concentrating across the Atlanta metro, and which submarkets have the most additional potential?

  • How are investors pricing Atlanta healthcare assets today and what the fundamentals look like heading into 2027?

  • What design and construction trends are shaping the next generation of outpatient facilities, and how is building smarter becoming a competitive advantage for owners and developers?

  • How are Atlanta's major health systems balancing large-scale hospital investment with smaller, flexible outpatient facilities, and where do private developers fit into those plans?

  • How is health system consolidation reshaping real estate strategy: what does it mean for existing assets, new development, and long-term portfolio positioning?

  • How are evolving patient expectations and clinical requirements driving innovation in healthcare facility design and delivery across the metro?

For questions regarding content, speaking and sponsorship opportunities please email our Southeast Director of Operations, Brandon Elsasser, at brandon.elsasser@bisnow.com. To request disability-related accommodations, please contact ariel.fromm@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
8:00 AM
9:15 AM
Pre-Event Registration, Breakfast & Networking
9:15 AM
10:00 AM
From Clinic to Campus: How Outpatient Growth Is Reshaping Atlanta's Medical Office Landscape

-Unpacking the Investment, Development and Leasing Dynamics Driving Atlanta's Medical Office Growth

10:00 AM
10:15 AM
Brief Networking Break
10:15 AM
11:00 AM
Building for the Future: How Health System Activity is Driving Atlanta's Next Chapter

-Navigating Consolidation, Capital Constraints and Campus Strategy in Atlanta's Evolving Health System Landscape

11:00 AM
11:30 AM
Closing Networking

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