by Brianna Crandall — September 19, 2018 — Global commercial real estate services and investment firm CBRE Group recently announced that it has acquired Noveen Consulting, a consulting firm focused on helping health-care facilities owners improve the economics of owning and operating their facilities. Noveen, based in Louisville, Kentucky, serves health-care systems throughout the United States.
Noveen’s service offerings include facility condition assessments, commissioning, energy management, facility optimization and technology consulting and implementation strategies. Noveen will align with CBRE Healthcare, which helps US health-care systems to reduce costs, monetize assets and realize the most value from their real estate. Its professionals will fully support CBRE Healthcare’s core offering, including advisory and transactions, facilities management (FM), management consulting and project management.
Curt Grantham, global president of Project Management, CBRE, remarked:
We have a deep understanding of Noveen’s value proposition and are excited to embed their capabilities into our full service offering for health-care systems nationwide. The environment for health-care providers continues to evolve rapidly, and Noveen gives CBRE another significant advantage in helping our clients to achieve innovative facility and technology outcomes.
Mo Deljoo, president of Noveen Consulting, pointed out:
Through the last 17 years, Noveen and CBRE professionals have worked alongside each other with a common purpose to address the business objectives of our clients. By combining resources, we are in position to provide a complete, integrated solution to the needs of our health-care clients.
Noveen Consulting and its team of professionals, headed by Deljoo, will become part of the Project Management line of business within CBRE. That team will also leverage CBRE’s other project management capabilities in overseeing capital projects and advising health-care clients on facilities and energy management projects.