About Vital Capital Partners

About Vital Capital Partners

Vital Capital Partners is a healthcare real estate investment manager and sponsor providing accredited investors access to institutional-quality medical and healthcare real estate through the private wealth channel. The firm was founded in 2024 by Robert Lee and Thùy Turner, industry veterans who each have 20+ years of experience and a decade-long track record of working together in healthcare real estate investment. Together, they have acquired, operated, and/or exited more than $745 million* of medical and healthcare assets across prior platforms, including HPA Realty and HPA Growth Fund.

With a vertically integrated investment philosophy, VCP brings deep expertise across underwriting, tenant engagement, construction oversight, and ongoing asset management. These capabilities that are especially critical in medical real estate, where performance is closely tied to tenant operations and regulatory complexity.

Modern building with glass walls, metal accents, and a wooden ceiling over a paved plaza.
Modern building with glass windows, white exterior, and structural supports, parking lot with two handicap spaces, and a few trees, under a partly cloudy sky.

Leadership & Co-Founder Experience

Vital Capital Partners (VCP) is a A healthcare real estate investment manager and sponsor providing accredited investors with access to professionally managed, institutional-quality medical and healthcare real estate. The firm is purpose-built to serve the independent financial advisor and private wealth marketplace through thoughtfully structured offerings focused on needs-based outpatient healthcare properties.

VCP is specialized sponsor focused exclusively on healthcare real estate. The firm’s vertically integrated investment philosophy is critical within medical real estate, where asset performance is closely tied to tenant operations, regulatory considerations, and execution.

With the goal of bringing institutional-quality medical real estate to private capital investors the team launched its first Delaware statutory trust offering in 2024 under the name HPA Exchange LLC, a joint venture between Vital Capital Partners and The Innovation Institute. This marked Vital Capital Partners and the team's entrance into the private channel, offering two DSTs to accredited investors through independent broker dealers, registered investment advisory firms, family offices and thefinancial advisors community.

In 2026 Vital Capital Partners strategically partnered with an 85-year-old institutional investment platform with a rich history of acting as a long-term balance sheet capital partner that has over $8 billion in net lease real estate experience.

The VCP platform is positioned to scale for the long term and is dedicated to bring the defining attributes of medical real estate to private capital investors for their own portfolio diversification needs. Healthcare real estate has historically demonstrated resilience through market cycles, supported by the mission-critical nature of healthcare services.

*Historical transaction volume includes activity from prior HPA Realty and HPA Growth Fund platforms in which certain executive members of Vital Capital Partners participated. Such prior results were achieved under different entities and are not necessarily indicative of future performance. While the Sponsor seeks to meet the Fund's objectives, there is no guarantee they will be met.

Hospital room with a bed, medical equipment, and a large window showing the outside view of a building and greenery.