Business Details
48 Years
experience
Emergency
services
Premier Healthcare Real Estate Development Solutions
As a premier healthcare real estate developer in the Northeast, we are committed to delivering high-quality facilities paired with exceptional client service. Our team combines fourth-generation family business experience with cutting-edge industry expertise, ensuring projects meet both current needs and future demands. We specialize in creating healthcare environments that prioritize patient accessibility, operational efficiency, and compliance with rigorous standards like JCAHO and ADA requirements.With a 97% client retention rate, our reputation for integrity and results has made us a trusted partner for hospitals, physicians, and healthcare providers across the region. Our integrated approach spans needs analysis, financing, design, construction, and property management, enabling us to transform healthcare visions into reality while maintaining financial and functional realism for every client.
Services
Medical office construction
Healthcare property management
Tenant improvement financing
Outpatient facility design
Lease negotiation support
Code compliance consulting
Site selection analysis
Construction management
Market feasibility studies
Emergency maintenance services
Details
- Year established: 1978
Highlights and features
- We offer 45+ years of healthcare-specific real estate expertise since 1978
- Our team includes CCIM-certified professionals with national healthcare development experience
- We provide integrated financing solutions with mini-perm loans and tenant improvement options
- Our facilities exceed JCAHO, ADA, and NFPA compliance standards for healthcare environments
- 97% client retention rate demonstrates long-term satisfaction and reliability
What people say
Excellent management
Impeccable condition
Professionals with great track record
Community involvement
Leadership ability
Services
Healthcare Real Estate Development
We specialize in developing purpose-built healthcare facilities that combine functional excellence with regulatory compliance. Our process integrates site selection, code adherence, and patient-centric design to create spaces that enhance clinical operations while maintaining financial viability. With expertise in JCAHO and ADA standards, we deliver facilities that support efficient healthcare delivery and adapt to future industry changes.
Property Management
Our comprehensive property management services ensure long-term value through proactive maintenance and tenant support. We handle vendor coordination, financial reporting, and safety compliance while maintaining 97% occupancy rates. Our 24/7 emergency response system addresses critical issues promptly, preserving both facility integrity and tenant satisfaction across our healthcare real estate portfolio.
Tenant Financing Solutions
We offer flexible financing options tailored to healthcare providers' unique needs, including mini-perm loans and tenant improvement funding. Our expertise in healthcare bond covenants and reimbursement regulations helps clients navigate complex financial landscapes while maintaining cost efficiency. This approach enables medical tenants to focus on patient care without compromising facility quality.
Code Compliance Consulting
Our team ensures healthcare facilities meet all regulatory requirements from initial design through occupancy. We specialize in ADA accessibility, fire safety protocols, and JCAHO accreditation standards, providing expert guidance that minimizes compliance risks while optimizing patient flow and operational efficiency in medical environments.
Lease Negotiation Support
We facilitate customized leasing arrangements for healthcare providers through market analysis and financial flexibility. Our healthcare-specific legal documentation streamlines tenant acquisition while maintaining property value. This service includes strategic tenant mix planning and long-term relationship management to ensure stable occupancy and mutual growth opportunities.
People
Ted A. Petrillo
Principal
Fourth-generation leader with 15+ years specializing in healthcare real estate. Manages all development phases from site acquisition to asset management. Licensed NY/CT real estate broker and CCIM candidate. Holds Business Administration degree from Mercy College.
Ted Petrillo
Founder
Established Westage Companies's healthcare focus in 1996 after 50+ years in real estate. Developed landmark medical facilities at Vassar Brothers Medical Center. Honored with Lifetime Achievement Award from Mid-Hudson Pattern for Progress in 2010.
Questions
What types of healthcare facilities does Westage develop?
We specialize in medical office buildings, outpatient centers, and healthcare campuses across the Northeast, with expertise in both new developments and build-to-suit projects for healthcare providers.
How does Westage handle healthcare-specific regulatory requirements?
Our team ensures compliance with JCAHO, ADA, and NFPA standards through dedicated design expertise and code compliance consulting services integrated into every development phase.
What financing options are available for medical tenants?
We offer mini-perm loans, tenant improvement financing, and customized lease structures while helping clients navigate healthcare bond covenants and reimbursement regulations.
Do you provide property management services for completed developments?
Yes, we offer comprehensive property management including 24/7 emergency maintenance, financial reporting, and tenant relations, maintaining 97% occupancy and satisfaction rates.
What geographic areas does Westage serve?
We focus on the Northeast region with current projects in Fishkill, Middletown, New Windsor, Poughkeepsie, and Wallkill, NY, supporting both local and regional healthcare networks.
