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DEVELOPMENT

Valley brokers start new health care development venture

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PHOENIX — Tracy Altemus, CCIM, along with veteran colleagues spanning decades with Ensemble Real Estate Solutions and Investments, has established REsource Commercial Real Estate LLC, a brokerage firm to serve existing and expanding clients in health care.

With more than 35 years of experience in the industry, Altemus is the designated broker of the firm that also includes Bill Molloy and Murray Gares, CCIM, who have worked together for over 30 years.

REsource specializes in third-party leasing and development for health care properties, leveraging its experience and long-time clients Sun Health, HonorHealth, and more. Some tenant representative clients also retained include Zona Spine and Pain, Terros Health, and Horizon Health & Wellness.

Branching off from their brokerage came as a natural progression as Ensemble recently shifted its focus to go back to its roots of managing and leasing only properties it owns. So, it is discontinuing its brokerage and property management efforts in Arizona.

Amicably, Altemus, Molloy and Gares determined it was time to go back to their own roots of what they’ve always excelled at in the industry. The REsource team is continuing to work with the clients it has retained from its previous brokerage work and has already added to its roster.

“After 35 years with one company it’s quite a change, but one I welcome. I am excited to continue to serve my clients and to expand in ways I’ve always wanted to,” said Altemus.

Forming this team has created a sense of coming “full circle” in their careers as they go back to what they have been successful in for decades. Altemus’ background includes being a former medical practice consultant before becoming involved in the leasing, sales and development of health care facilities with DevMan Co. in 1987, and then with Ensemble when the companies merged in 2008.

She was recently honored by the Arizona Business Leaders publication as an “Influential Real Estate Broker” in the Medical category.

Founder of DevMan in 1981, Molloy got his start in health care real estate with a career in hospital administration as the Vice President for Operations at Phoenix Memorial Hospital. His resume of over 40 years in the industry includes development of numerous health care projects, asset and property management services and commercial brokerage transactions throughout Arizona. Molloy serves as the Managing Director, Health care Brokerage and Development at REsource today.

REsource’s Managing Director, Commercial Real Estate Leasing and Sales, Gares, has over 30 years of experience representing landlords/tenants and buyers/sellers. His CCIM network provides a national representative with specific niche market experience from a local CCIM network partner. His local market experience is invaluable in representing his clients in both the medical and office markets in the metropolitan Phoenix area.

Although REsource predominantly focuses on health care properties, the team has gained experience in other sectors and is able and willing to meet the clients’ needs, whether it be land acquisitions or office leasing.

REsource is licensed in Arizona, California and Nevada.