As a Vice President, Mrs. Cone spearheads daily management of assets, facility operations, and maintains tenant/landlord relationships. She also assists the development and acquisition teams by reviewing plans for operating efficiency, performing lease reviews and property condition assessments of all medical facilities owned and managed by HealthCap.  In addition to these duties, Mrs. Cone oversees the day-to-day operations of facilities located in Texas, Colorado, Louisiana, Ohio, and Missouri, including the renovation and repositioning of facilities, new construction and leasing.  Mrs. Cone has over ten (10) years of experience in the commercial real estate industry; seven (7) of which have been focused on specializing in healthcare real estate operations. 
Previously to HealthCap, Mrs. Cone was the Senior Property Manager for The Cirrus Group.  Prior to The Cirrus Group, Mrs. Cone was with PM Realty Group.

Mrs. Cone holds her Texas Real Estate Salesperson License.

As Managing Partner, Mr. Dodd is responsible for the corporate strategy and overall direction for HealthCap and is actively involved with the financing and capital structuring for all projects.  He serves on the boards for Homeland Healthcare and Medermis Laser Clinics.  Mr. Dodd has had transactional responsibility for over $750 million of projects with financing combinations of debt, mezzanine financing and equity.  Additionally, Mr. Dodd has structured asset and property level joint venture transactions with some of the largest capital providers and REITs in the country.

Previously, Mr. Dodd has been President of The Cirrus Group since 2005 and has been a Partner since 2002.  Prior to that, he served as a Vice President for Jones Lang LaSalle Americas and US Bancorp.

Mr. Dodd holds a B.B.A. from Texas A&M University and an M.B.A. from the University of South Carolina.  Additionally, Mr. Dodd serves on the board of Healing Hands Ministries, a medical non-profit clinic serving uninsured patients in northeast Dallas county.

As Senior Vice President, Mr. Godfrey’s primary focus is on evaluating investment opportunities in the seniors housing, long-term care and acute/sub-acute hospital sectors. During his time at HealthCap and its predecessor entity, Mr. Godfrey has played a principal role in the underwriting, structuring and closing of numerous healthcare sector investments with an aggregate investment basis in excess of $400 million.

Previously, Mr. Godfrey served as Vice President and Director of Finance for The Cirrus Group and chaired its investment committee.  Prior to Cirrus, Mr. Godfrey held positions with Hillwood Capital, Macfarlan Capital Partners and J.P. Morgan.

Mr. Godfrey holds a B.B.A. in Real Estate Finance from the Cox School of Business at Southern Methodist University.  Additionally, Mr. Godfrey currently serves on the board of directors for Gulf Coast Medical Center.

As Vice President-Controller for The Cirrus Group, Mr. Hermes is responsible for the preparation, review, and day-to-day accounting of over 45 investment partnerships.

Mr. Hermes joined The Cirrus Group, one of HealthCap’s predecessor entities, in April 2005. Since then, Mr. Hermes has been responsible for the financial reporting of the healthcare properties The Cirrus Group operates, develops and manages. He monitors each partnership’s cash flow and prepares monthly distributions to LP investors.

Prior to joining The Cirrus Group in 2005, Mr. Hermes was with Trammell Crow Residential Services where he was a Senior Accountant.

Mr. Hermes graduated with a B.S. in Accounting and Finance from Louisiana State University in Shreveport.

As co-founder, partner, and CEO of HealthCap’s predecessor, The Cirrus Group, Mr. Hutchison has focused his attention on medical and healthcare-related developments since 1996.  Prior to forming Cirrus, Mr. Hutchison worked for Southland Real Estate Resources at its Las Colinas development where he served as Project Manager for the 400 rooms, 24-story Mandalay Four Seasons Hotel (now the Omni Mandalay). Later, Mr. Hutchison formed Trans Texas Investment Properties with which he developed over 1,000,000 sf of commercial office and retail space across the DFW Metroplex. Notable during this time was Mr. Hutchison’s landmark 500,000 sf, 24-story Trans Texas Tower (now Occidental Tower) in Dallas.

With The Cirrus Group, Mr. Hutchison guided almost 100 medical development projects in 14 states including ambulatory surgery centers, surgical hospitals, acute care hospitals, post-acute, rehab, and long-term hospitals, medical office buildings, primary care clinics, and other complex medical facilities. Included in this list are notable projects Park Cities Medical Plaza in University Park, Texas; Trophy Club Medical Plaza in Trophy Club, Texas; North Texas Medical Center in Denton, Texas; North Central Medical Plaza in Dallas, Texas; and several hospital and MOB projects in Southern California.

Mr. Hutchison earned a BBA from The University of Texas in Austin and an MBA from Southern Methodist University.

Additionally, Mr. Hutchison currently serves on the board of directors for Urgent Care for Kids.

Ms. Leonard’s primary focus is keeping HealthCap’s investors well informed with respect to their investments by providing quarterly reporting packages, operations updates, cash flow distributions, and managing annual Partnership K-1 distribution.  She is the company liaison for all investors throughout the life of their investment. During her time at HealthCap and its predecessor entity, Ms. Leonard has played an integral role in maintaining open lines of communication with the investors and providing limited partnership financial reporting to lenders and capital partners.

Previously, Ms. Leonard served as Investor Relations and Senior Accountant for The Cirrus Group, LLC.  Prior to Cirrus, she held accounting positions with Harwood International Inc., L&B Realty Advisors LLC, and Braniff Inc.

Ms. Leonard holds a B.S.B.A. from the University of Texas at Dallas.

Ms. Matthews’ primary focus is on targeting properties for purchase, negotiating purchase and sale agreements, performing due diligence, overseeing capitalization efforts, and steering the closing process. Ms. Matthews also serves as head of the property management and engineering department and oversees all leasing activities. Ms. Matthews is also instrumental in investment, disposition and new real estate development efforts.

Ms. Matthews has been with HealthCap and its predecessor entity since 2000 and has been integral in all assets since that time. Ms. Matthews brings a diverse real estate background from Jones Lang LaSalle and Cushman & Wakefield of Texas where she has management, leasing, and construction experience working on several large multi-use office projects.

Ms. Matthews attended the University of North Texas and holds a Texas Salesperson License. She is also a member of CREW serving on the CREW Careers Committee.

Mr. Phillips’s primary focus is on the procurement, design, construction and delivery of assets in the seniors housing, long-term care and acute/sub-acute hospital sectors. During his time at HealthCap and its predecessor entity, Mr. Phillips has successfully managed the delivery of 22 healthcare developments consisting of over one million square feet and that collectively have had budgets in excess of $270 million.  These projects include general acute care hospitals, inpatient rehabilitation hospitals, skilled nursing facilities, long term acute care hospitals, ambulatory surgery centers, medical office buildings, and assisted living and memory care communities.

Previously, Mr. Phillips served as Vice President and Director of Construction Management at The Cirrus Group.  Prior to Cirrus, Mr. Phillips held positions with Baulderstone (Australia), Author Andersen and Booz Allen Hamilton.

Mr. Phillips holds a Master of Finance and a Bachelor of Engineering (Civil) from the University of New South Wales, Australia.

As the Chief Financial Officer for HealthCap, Mrs. Toliver oversees the financial reporting for all special purpose and corporate entities, treasury management functions, partnership maintenance and oversight, loan procurement and compliance, human resources and asset purchase/disposition closing responsibilities. 

Mrs. Toliver joined HealthCap’s predecessor, The Cirrus Group, in 2004.  Prior to joining The Cirrus Group, Mrs. Toliver spent several years in the Audit and Assurance practice at KPMG, LLP.

Mrs. Toliver graduated with a B.B.A. in Accounting and Marketing from Abilene Christian University and holds a CPA license in the state of Texas.

Mr. Underwood specializes in healthcare investment opportunities located in the western United States with a primary focus physician practices and ancillary services, acute care hospitals and post-acute care sectors. During his time at HealthCap and The Cirrus Group, Mr. Underwood has played an integral role in the development and disposition of healthcare investments valued in excess of $400 million.

Previously, Mr. Underwood served as Vice President of Real Estate Services for The Cirrus Group.  Prior to joining Cirrus, Mr. Underwood benefited from 10 years of experience in the Phoenix real estate market focusing on asset management, leasing, and construction of residential and commercial real estate properties.

Mr. Underwood holds a B.S. in Economics from the University of Redlands.  Additionally, Mr. Underwood received his Arizona Real Estate Broker License in 2000.

Mr. Weatherwax is an experienced healthcare investor with over 15 years of healthcare management and acquisition experience.  During his career, He has led the acquisition of over 30 healthcare companies representing more than $400 million in acquired revenues as a strategic buyer helping to build national platforms.

Immediately, prior to forming Healthcap, Mr. Weatherwax spent over four years in ASC/Hospital development and management as a senior finance executive focusing on acquisitions, divestitures and new facility development.  He has also held executive finance positions over seven years with InteliStaf Healthcare, one of the nation’s largest healthcare staffing companies.  Among his accomplishments at InteliStaf was leading its leverage buy-out by the Carlyle Group and transforming it to a national platform through a series of key strategic acquisitions. 

Mr. Weatherwax also led the acquisition program at HealthCorHoldings, a leading home health provider during the mid-1990s.  He began his career as an investment banking analyst with Rauscher Pierce Refsnes.

Mr. Weatherwax holds a B.B.A. in Finance from the Cox School of Business at Southern Methodist University.  Additionally, Mr. Weatherwax currently serves on the board of Medermis Laser Clinics and previously served on the board of InteliStaf Healthcare.