Chase Smith

850 Pacific Street, Stamford, CT 06850 704-806-3232 chasecsmith@protonmail.com linkedin.com/in/chasesmith4/

Summary Statement

Healthcare real estate investment professional with experience executing more than $295MM of outpatient medical real estate transactions across acquisitions, developments, recapitalizations, and dispositions. Combines hands-on execution across underwriting, due diligence and closing, capital structuring, and implementation of asset-level business plans throughout the investment lifecycle. Experienced in completing complex lease negotiations through direct engagement with C-suite and real estate leadership at major Northeast health systems. Brings deep domain knowledge of healthcare reimbursement frameworks, ambulatory care delivery models, and health system operations, applied directly to sourcing, underwriting, and asset-level management decisions. Prior foundation in credit underwriting at Bank of America across a $2B+ commercial loan portfolio.

Experience

Aspect Health, Inc., Greenwich, CT

Healthcare Real Estate Investment & Development Platform

Managing Partner – Aspect Acquisitions, LLC.

March 2025 – Present

Senior Investment Professional

April 2021 – Present

Bank of America, Boston, MA

Global Commercial Banking – Restaurant Finance Group

Commercial Credit Associate Underwriter

September 2019 – March 2021

  • Underwrote new money transactions across Bank of America's $2B+ Middle Market Restaurant Group portfolio, including the firm’s participation in syndicated credit facilities for Raising Cane's ($1B Revolving Line of Credit and Term Loan Facility) and Chipotle Mexican Grill ($600M Revolving Line of Credit Facility); prepared deal screen and credit approval memos incorporating cash flow analysis, EV/DCF valuation, leverage and coverage metrics, and real estate collateral calculations
  • Managed active covenant compliance monitoring and workout activity across a portfolio of franchisee and operating company credits during the COVID-19 period, including financial covenant modifications, waiver negotiations, and credit facility amendments; prepared quarterly reports and annual exposure reviews tracking capital structure, liquidity, and covenant cushion across the portfolio
  • Spread company financial statements, maintained internal credit models, and calculated risk ratings based on trailing credit metrics for a diversified portfolio spanning national QSR chains, regional franchisee groups, and operating companies

Education

Bentley University, Waltham, MA

Master of Business Administration, 2020 – Summa Cum Laude

Bachelor of Science, Finance and Global Perspectives, 2018 – Cum Laude

Sector & Technical Expertise

Healthcare Regulatory Expertise:

  • Medicare reimbursement frameworks across ASC, HOPD, and Physician Fee Schedule (PFS) care settings, including site-neutral payment policy and outpatient migration trends
  • Certificate of Need (CON) regulatory environments across Northeast and Mid-Atlantic markets and implications for ambulatory development and tenant retention
  • Practice profitability and payer-mix analysis within tenant credit underwriting, including commercial versus government payer concentration and reimbursement sustainability

Financial Modeling & Tools:

  • Argus Enterprise (Certified), Advanced Excel Financial Modeling, Microsoft Office Suite

Professional & Academic Affiliations

Bentley University — Center for Health & Business

  • Founding contributor to the establishment of Bentley University’s Center for Health & Business, an interdisciplinary initiative focused on healthcare delivery, policy, and business strategy

Interests