Elliott Bay Capital Trust is a privately held real estate investment firm and a market-leading owner of healthcare facilities across the United States. Elliott Bay focuses on essential healthcare real estate and is led by a team with deep operating experience across healthcare, real estate, and finance.
Elliott Bay invests in high-quality outpatient properties leased to leading health systems, national operators, and regional providers, with a focus on assets that are integral to care delivery. Its investment approach is informed by operating experience, driving disciplined, use-case-driven underwriting centered on tenant durability, facility criticality, and long-term value.
As one of the country’s most active healthcare real estate investors, Elliott Bay leverages flexible, long-term capital and a scalable platform to execute across both single-asset and portfolio transactions, building a diversified national portfolio designed to deliver durable cash flow and value.

PROVEN LEADERSHIP WITH OPERATING PERSPECTIVE
Elliott Bay’s leadership brings more than 25 years of experience across healthcare, real estate, and investment, with deep operational expertise and a track record of acquiring and developing more than 180 healthcare properties nationwide.

BUILT ON PARTNERSHIPS
Elliott Bay’s business is grounded in trusted, long-term relationships with health systems, physician groups, owners and brokers. We prioritize alignment, responsiveness, and certainty of execution, enabling successful outcomes for all stakeholders.

DEEP INDUSTRY KNOWLEDGE
We combine direct healthcare operating and company-building experience with disciplined real estate investment expertise, supported by a strong track record acquiring and managing healthcare properties.

DISCIPLINED & PROACTIVE MANAGEMENT
We maintain a long-term ownership horizon for our properties and provide proactive asset management to our portfolio and institutional quality management services to our tenant partners.







