Victor H. McConnell, MAI, ASA has real property valuation & consulting experience in 40 of the United
States, including extensive experience with the valuation of healthcare related properties. Mr.
McConnell's valuation experience includes determining Fair Market Value for Stark Law compliance,
financing, possible sale or purchase, allocation of purchase price, ad valorem purposes, and internal
planning purposes. Mr. McConnell has performed valuation assignments for numerous healthcare‐
related entities, including a variety of hospitals, physician groups, for‐profit and not‐for‐profit health
systems, as well as corporate and governmental clients. A representative sample of clients served
include: Hospital Corporation of America (HCA), Tenet Healthcare Corporation, Community Health
Systems (CHS), CHRISTUS Health, Ascension Health, Baylor Scott & White, USPI, Welltower, Inc. (formerly Health Care REIT), Medical
Properties Trust, St. Joseph Healthcare, Cooper Health System, Trinity Mother Frances Hospitals, LifeCare Hospitals, 21st Century
Oncology, CVS/pharmacy, Walgreens, Target Corporation, Barclays, Wells Fargo, Citibank, the Department of Justice (DOJ) and the
General Services Administration (GSA) of the U.S. Federal Government. Mr. McConnell has also provided valuation servicesto a variety
of healthcare law firms, including Hall Render Killian Heath & Lyman, P.C., Epstein Becker & Green, P.C., Reed Claymon Meeker &
Hargett, PLCC, and Hooper Lundy & Bookman, P.C.
Types of medically‐oriented properties analyzed include: acute care hospitals, cancer clinics, medical offices, ambulatory surgery
centers (ASCs), diagnostic imaging facilities, proton therapy centers, sleep labs, cath labs, skilled nursing facilities, biomanufacturing
facilities, surgical hospitals, LTACHs, psychiatric facilities, hospice wings, laboratories, and drugstores. Mr. McConnell’s valuation
experience also includes “zero cash flow” properties, corporate headquarters, and a variety of other commercial assets.
EDUCATION & PROFESSIONAL DESIGNATIONS
B.A., 2004 – Dartmouth College, Hanover, NH
Appraisal Institute – Designated Member (MAI)
ASA Healthcare Valuation Program (Completed)
American Society of Appraisers – ASA Designation (Real Property)
PUBLICATIONS, PRESENTATIONS, & AWARDS
"Navigating Hospital in Hospital Leasing Arrangements: LTACH, SNF, Rehab, Behavioral Health, and Hospice". Strafford Webinars, July 25, 2017.
"The Healthcare Executive's Simple Guide to FMV: Real Estate (Chapter 26)". Co‐author. Chicago: American Bar Association. 2017.
"Healthcare Real Estate: Current Trends, Opportunities, & Outlook", Moderator, Polsinelli Healthcare Dealmaker's Conference, 05/18/17, Dallas, TX.
"Will Market Uncertainty and Interest Rate Creep Lead to Slower Velocity and Rising Cap Rates in the Investment Market?", Panelist, Interface
Healthcare Real Estate West, March 8, 2017, Los Angeles, California.
"6 Key Trends Affecting Healthcare Real Estate in 2017", Co‐author, Becker's Hospital Review, February 23, 2017.
"On‐campus Medical Office Buildings: Is a Premium Warranted? If so, When and Why?", Co‐author, AHLA Connections Magazine, Vol. 20, Issue 12,
"Financing for & Investment in the NE Healthcare Real Estate and Medical Facilities Marketplace: Analysis of Presidential Election Uncertainty & the
Impact of Interest Rate Hikes on the Industry", Moderator, CAPRE 6th Annual Greater NY Healthcare Real Estate Summit, 01/31/17, New York, NY.
"Real Estate: Stark & Anti‐Kickback Compliance and Real Estate Leasing Issues," Presenter, HFMA Legal Issues Seminar, Dec. 13, 2016, Chicago, IL.
"Buying & Selling ASC Real Estate," Presenter, Washington Ambulatory Surgery Center Association's ASC Symposium, June 23, 2016, Seattle, WA.
"Emerging Leader in Healthcare Real Estate", Selected by Real Estate Forum Magazine, Vol. 70, Num. 9, November 2015.
"Overview of Three Approaches to Value", Instructor, Appraisal Review Board (ARB) Education, Texas Comptroller's Office. 2016 & 2017.
Director - Real Estate Valuation Services