OUR STORY, OUR MISSION
With decades of experience in commercial real estate development and healthcare management, Nick Pavonetti, Dan Finn and Kenny Hancock have overseen the development of properties of all types. And they’ve seen firsthand how important it is for experienced leaders in development, construction, architecture, and finance to work together. With this in mind, they formed MDN Development, with a mission to build high-quality permanent structures that helps healthcare expand, grow profitability, and serve their communities more effectively.
The MDN team has arranged the development, financing, leasing and sale of over $1 billion of commercial real estate and is experienced in healthcare design and construction. Team members have over 100 years of combined commercial real estate experience.
MDN has created a streamlined, efficient process that helps healthcare expand in a way that not only saves money but also saves time. The turnkey MDN process allows healthcare to start serving more patients quickly, which helps the community and boosts revenue. Compared to a typical build, the MDN process can allow healthcare to start generating revenue from their expansion up to 12 months sooner. By designing buildings that are built offsite, MDN eliminates the obstacles of inclement weather and workforce challenges, avoiding delays. And by providing a comprehensive financing solution, the process becomes much easier and faster.
Healthcare expansion projects require a high level of industry-specific knowledge and experience, and we are proud to have experts in healthcare design, construction, and procurement on our team. MDN Development builds quality facilities that will help healthcare serve their patients well for years to come.
Our fully integrated team of professionals covers all aspects of modular construction. We have come together to create a process that optimizes the design, production, and installation of healthcare facilities while mitigating the financial burdens associated with such projects.
Healthcare expansions require specific knowledge and experience in the industry, and our team of companies has deep expertise in hospital design, construction, and procurement. We provide sole-source turnkey development for healthcare expansions that can get a client a new permanent facility within 12 months, cutting the traditional project time by 12 months or more.
Nick is a founding member of MDN Development. He brings a 30+ year career in the development, finance and brokerage of commercial real estate to the team. Nick’s role is to inject real world experience into the building and financing short term care clinics undertaken for MDN clients.
Nick has led the development, financing, sale and leasing of over $1 billion of commercial projects. In addition to developing projects for his own account, Nick has worked with the Beck Group, Ford Motor Company, subsidiaries of JP Morgan Chase and Blackstone, large family offices, and various nonprofit housing organizations. The breadth of Nick’s experience includes multifamily, condominium, office, assisted living, and retail projects.
Nick received his undergraduate degree in finance from Marquette University and an MBA in finance from Northwestern. He is also a licensed Florida real estate broker. Nick’s favorite pastimes are tennis and traveling the world with his wife of 25 years.
Dan is a founding member of MDN development LLC and brings a 35+ year career in Facilities, Real Estate and Health Care Construction and Operations. Dan’s focus is to oversee and direct all aspects of the construction process to include Site Evaluation, Building Erection, Interior Finish, FF&E Installation, Clinical Preparation and Client Acceptance. He acquired in depth knowledge of health care construction and operations while working at Genetic Systems Bio-Tech, where he led the team to design and build a lab to grow HIV material for testing. Further experience was gained at St Luke’s Hospital in Kansas City as part of the new Heart Institute construction, then as Project Manager for Humana Hospital Construction in New Orleans and as Director of Engineering for Humana Hospital in Tacoma Washington. Dan also served with Citicorp as Vice-President/ Senior Asset Manager in Chicago and has gained extensive experience with top firms such as Wright Runstad Construction in Seattle and The Seattle Times Newspaper for construction of their new printing plant. Dan is a Licensed Operating Engineer, a Realtor and holds a Certified Health Care Facility Manager designation (CHFM).
Consultant, Healthcare Business Development
Kenny Hancock is a healthcare executive with a successful background establishing companies focused in the development and acquisition of physician-owned surgical facilities and operations/management. Kenny has co-founded three companies over the past 25 years, including OrthoLink Physicians Corporation, Surgical Alliance Corporation, and Meridian Surgical Partners. These companies have all enjoyed a successful start-up/organizational phase, investor funding, growth-phase to maturity and exit. Kenny’s expertise is in business acquisition and development of ambulatory surgery centers, imaging and physical therapy, medical office buildings and surgical/micro hospitals. Kenny has over 25 years of experience working with physicians, primarily with musculoskeletal surgeons, in many business development capacities. He is skilled in development of new facilities, mergers, acquisitions of existing businesses, project development and syndication, managing complex projects, and facility expansions. Kenny is also dedicated to leading teams as well as mentoring and developing staff. He is an excellent communicator, presenting frequently at healthcare industry conferences and seminars.