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Richard Needham

Richard Needham

Lecturer

rneedham@uci.edu  

Research Interest

Real Estate


Richard Needham is a principal with the National Healthcare Development, Inc., a healthcare real estate development company that develops medical office buildings, medically integrated wellness centers, transitional rehabilitation facilities, senior housing and other healthcare real estate projects. Mr. Needham has over 28 years of real estate development experience as both an attorney and a real estate owner and developer. Respected for his pragmatic and creative deal making, problem solving and execution abilities, Mr. Needham oversees the execution of all development projects for National Healthcare. This includes managing the full lifecycle of a development project, from feasibility analysis, due diligence, land acquisition, budgeting, financing, project design, entitlement, value engineering, construction, tenant relations, property management, asset management and disposition.

Prior to joining National Healthcare, Mr. Needham was a principal with Triad Partners, Inc., a medical office developer based in Southern California. In that role, Mr. Needham lead the development of outpatient medical office buildings, which included surgery centers, dialysis centers, imaging, labs, urgent cares, physician offices and other healthcare uses.

Mr. Needham has also practiced law with two well respected law firms, the AmLaw Global 100 law firm of Sheppard Mullin Richter & Hampton and Stradling Yocca Carlson & Rauth. At Sheppard Mullin, he was a key member of their respected 135 attorney national healthcare practice, which was named by Law360 as the 2016 and 2014 U.S. Health Care Practice Group of the Year. Mr. Needham represented a broad range of healthcare clients including physician groups, hospitals, ancillary service providers, equity investors, lenders, senior living operators, and medical office building developers. He represented both for-profit and non-profit healthcare companies across the country in a wide range of transactions, including hospital/physician group affiliations and acquisitions; surgery center formations and acquisitions; hospital acquisitions and dispositions; medical device company formations and financing; management services agreements; and MOB, senior living, behavioral health and hospital development, financing, leasing, and purchase and sales.

At Stradling Yocca, Mr. Needham represented clients in a wide range of transactional real estate matters, including acquisition, entitlement, development, construction financing, permanent financing, joint ventures, leasing, and disposition in all product types.

Mr. Needham is active in his church and community. He was a founder of two Christian schools, Crean Lutheran High School in Irvine, California, where he lead the design and construction of the school campus and served as Board Chair and President for 12 years, and Aliso Viejo Christian School in Aliso Viejo, California, where he served as the attorney and advisor for the acquisition and development of the school campus and as a Board Member for 6 years.

Mr. Needham is licensed to practice law in the State of California. He received a J.D. from Loyola Law School, and a B.S. in Business Administration (Real Estate and Finance emphasis) from the University of California, Berkeley.