The Clinical Group, Mediplex form healthcare real estate alliance

The Clinical Group and Mediplex Property Group have formed a strategic alliance to expand healthcare real estate development, investment and project execution across their platforms. The partnership also launches a Physicians Fund and targets near-term development and sale-leaseback opportunities in Pennsylvania and New Jersey.

Why it matters: - The alliance aims to create a broader healthcare real estate platform for physician practices and health systems. - The partnership is designed to combine development expertise, operating knowledge and capital access. - The move could expand assignment-driven development, sale-leaseback activity and investment opportunities across multiple markets.

What happened: - The Clinical Group and Mediplex Property Group announced a strategic alliance on Sept. 16, 2026. - The two firms said their principals have worked together on healthcare real estate projects for more than a decade. - Mediplex will strengthen Clinical Capital Partners, The Clinical Group’s development and investment arm. - The alliance will support the launch of the Physicians Fund, which will finance projects with institutional partners through programmatic development, joint ventures and other capital vehicles. - Jeffrey Goldstein, a Mediplex principal, will lead day-to-day development activities and project-level investment decisions for the combined CCP pipeline.

The details: - Mediplex was founded in 2008 and brings 18 years of healthcare real estate development experience. - The Clinical Group will contribute healthcare operators and medical real estate brokers to support Mediplex’s property portfolio and future development opportunities. - The Clinical Group’s team advises clients that have grown management services organizations, specialty practices and health systems. - The brokerage side of The Clinical Group handles single-site and multi-site transaction management and portfolio management. - The firms plan to pursue assignment-driven development and sale-leaseback opportunities in Pennsylvania and New Jersey immediately. - Hendrie Lane Capital will join as an investor in the effort. - Additional institutional investors have expressed interest, which the firms say supports the model they want to repeat on future projects. - Mediplex said its portfolio includes turnkey and build-to-suit healthcare projects developed through strategic acquisitions, adaptive reuse and ground-up construction. - The Clinical Group describes itself as a medical real estate and clinical growth platform with affiliated businesses across advisory, real estate, project management, development and investment. - More information on Mediplex Property Group - More information on The Clinical Group - More information on Hendrie Lane Capital

Between the lines: - The alliance formalizes a long-running working relationship into a more integrated operating model. - The addition of Mediplex’s development capacity and The Clinical Group’s physician and health system network could help both firms compete for larger and more complex healthcare real estate deals. - Interest from outside investors suggests the alliance is also being positioned as a repeatable capital and development platform, not just a one-off partnership.

What's next: - The firms will begin jointly pursuing projects in Pennsylvania and New Jersey. - The Physicians Fund is expected to back projects alongside institutional partners. - The alliance is intended to serve as a template for future projects in other markets where The Clinical Group operates.

The bottom line: - The Clinical Group and Mediplex are turning a long-standing relationship into a formal platform built to develop, finance and manage healthcare real estate projects at scale.