The Vanir Group of Companies is pleased to announce the appointment of David Chung as Vice President of The Vanir Development Company and Executive Director of Healthcare for Vanir Construction Management.
Chung, who previously served as Vanir Construction Management’s Healthcare Market Sector Lead from 2010 to 2013, will oversee the go-to-market strategy to grow and expand Vanir’s healthcare expertise and capabilities across both entities.
“Having previously worked for Vanir Construction Management, I have always been impressed by the company’s reputable culture, commitment to excellence and brand recognition,” said Chung. “The delivery of healthcare is ever adapting to the growing challenges of new policies, lower reimbursements, technological innovation and industry disruptors. My goal is to partner with prominent healthcare systems to create value in this ever-changing environment. I will focus on strategic solutions in project planning, management and delivery. I’m confident that Vanir’s multi-regional construction management and development platforms are well positioned to deliver the highest caliber expertise to achieve the successful growth needs of our clients.”
Chung has more than 25 years of healthcare development and construction management experience, having managed more than $900 million in projects for healthcare facilities nationwide. His expertise includes planning, design, construction management, financial modeling, acquisitions, dispositions, entitlements, portfolio management and complex negotiations.
Chung has held a number of key leadership roles within the industry, including Corporate Senior Vice President of Development for Healthcare Trust of America, Vice President of Development at Duke Realty Healthcare and Regional Director of Real Estate and Construction for Providence St. Joseph Health System in Western Washington.
“David has broad industry relationships and a deep understanding of the challenges and opportunities facing our healthcare clients,” said Dorene C. Dominguez, Chairman and CEO of The Vanir Group of Companies. “With him at the helm, I am confident that we will expand upon our mission of helping healthcare systems and operators across the country align the right strategies, resources, capital and facility assets to improve operations and ensure successful project execution and exceptional healthcare delivery for our clients.”
Chung earned his Bachelor of Architecture from California State Polytechnic University, Pomona and his Master of Real Estate Development from the University of Southern California (USC). He is a member of the USC Graduate Real Estate Association, American Society for Healthcare Engineering, Urban Land Institute and Washington State Society for Healthcare Engineering.