WEATHER »

PRESS RELEASE / ANNOUNCEMENTS Sunday, February 12, 2012

Paul Sandler joins Montecito Medical Acquisition & Development Company

Montecito Medical Acquisition & Development Company (MMAC), a leading medical related real estate company, announced today that Paul Sandler has joined the company as Chief Financial Officer.


Paul Sandler is one of the founding partners of MMAC and has expanded his responsibilities into a day-to-day role.

“With over 25 years of broad real estate experience, Paul brings a long and distinguished track record to MMAC,” said CEO, Chip Conk, “Paul’s strong redentials and expertise in development, financing, operations and partnership syndications brings a lot of strength to our team. We are very pleased that he will be playing a vital role in Montecito’s future”.

Sandler joins the company from Sandler Orr, LLC, a private equity firm that he co-founded in 2000. Prior to this, in 1987, Mr. Sandler was recruited by CSX Corporation to help lead the company into real estate development. Sandler was President of the companies wholly-owned real estate development subsidiary, CSX Realty and was responsible for the development, sale and management of the Company’s considerable real estate holdings and partnerships. Prior to this, Paul held senior financial positions with real estate developers in the Boston area. Early in his career, Mr. Sandler spent eight years with the Coopers and Lybrand Boston office as a practicing Certified Public Accountant. His primary focus was on emerging companies to enhance profitability, improve the

company’s financial structure and prepare for public offering.

Mr. Sandler received his undergraduate degree from Boston University in Economics and an MBA from the University of Massachusetts.

About Montecito Medical

Montecito Medical is one of the nation’s largest, privately held companies specializing in acquiring and funding developments of medical related real estate. MMAC is dedicated to being the preferred resource for healthcare real estate developers, owners and healthcare systems seeking to monetize or expand their real estate holdings.

Montecito Research and Analytics, a wholly owned subsidiary of Montecito, is a proprietary analysis system comprised of over 10 terabytes of healthcare and demographic information. This research platform allows MMAC to drill down through all 30,000 zip codes in the U.S. to determine medical market viability as well as providing an analysis of unmet needs for additional inpatient beds, ancillary services, post-acute facilities and additional physician specialty needs within an individual market.

Montecito Medical Property Management is an industry leading, full service property management and leasing platform that focuses exclusively on medical real estate and the unique needs of physicians, hospitals and healthcare professionals.

For more information, please visit www.MontecitoMedical.com.

Be succinct, constructive, and relevant to the story. Leaving a comment means you agree to our Discussion Guidelines. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.

comments powered by Disqus
event calendar sponsored by: