MRA Group (MRA) is a multi-disciplined firm that specializes in providing real estate centric services for health care and institutional clients.
Founded in 1991 by President and CEO Lawrence J. Stuardi, MRA continues to maintain the high level of integrity and excellence that has led to its recognition as one of the most knowledgeable and comprehensive privately-held providers of real estate services in the mid-Atlantic region.
From concept through completion, MRA provides single source capabilities for clients that require both strategic thinking and practical solutions to address real estate related needs in an ever-changing, always challenging economic environment. MRA's record of success is based on integrity, hard work, dedication, extensive experience, and a commitment to continually exceed expectations. MRA is aggressive in creating real estate value for its clients by providing the tools necessary to maximize both return on investment and property value.
Lawrence J. Stuardi, PresidentDownload My vCard
With over thirty years of real estate development and investment experience, encompassing more than $1 billion in projects, Lawrence Stuardi has earned a stellar reputation as both a civic minded real estate developer and as a trusted and reliable advisor and partner to many leading health care, academic, and financial institutions throughout the region.
Having established Medical Realty Advisors in 1991, Mr. Stuardi has led what is today MRA Group to become the foremost privately held health care and academic focused real estate development, investment, and services firm in the Mid-Atlantic states.
In addition to MRA developing several million square feet of commercial projects, Mr. Stuardi has partnered with select investors nationally to acquire and manage value-add opportunities that benefit from the seasoned experience, intense focus, equity and debt relationships that MRA brings to a project.
Prior to the formation of MRA, Mr. Stuardi served as a real estate developer with Rouse & Associates (now Liberty Property Trust), a Philadelphia-based, nationally recognized developer of office, industrial, and mixed used residential properties. He also worked with a Philadelphia based investment real estate firm, where he focused on corporate sale/leaseback arrangements and investment transactions.
Mr. Stuardi currently serves on the Board of Trustees for Gwynedd Mercy College in Springhouse, PA, is a Regional Board Member for Team Capital Bank based in Bethlehem, PA, and serves on the Board of Directors for Drueding Center, a transitional housing program in Philadelphia, PA. He is a former Board Member of Kutztown University Foundation, where he served on the executive committee for five of his nine year tenure.
Mr. Stuardi currently resides in Buckingham, PA with his wife and three children.
F. Michael Wojewodka, Senior Vice PresidentDownload My vCard
Mike Wojewodka serves as Senior Vice President, where for over ten years, through hard earned real estate experience and a keen sense of human motivation, has contributed to the direction and growth of MRA. During his tenure, Mr. Wojewodka has served in various capacities with MRA Group, which enabled him to utlize his skills and abilities in servicing clients' real estate needs, including project administration, property management, advisory services and financial structuring. In 2009, he assumed the helm of MRA Realty, Inc., the primary affiliate responsible for generating 70% of total corporate income. Under his leadership, MRA has continued its growth and success in the face of the most challenging economic climate in our lifetime. Additionally, Mr. Wojewodka serves on the MRA Group senior management team, where he is responsible for the delivery of client focused advisory services, along with the management of systems and procedures.
In conjunction with his responsibilities with MRA, Mr. Wojewodka played a key role in the development of the Greater Reading Keystone Innovation Zone, and remains on its board to this day. Additionally, he is actively involved with several local and regional economic development groups.
Prior to joining MRA, Mr. Wojewodka served as Associate Vice President of a national political consulting firm in Washington, D.C., where he worked directly with national and regional lawmakers and their political campaigns.
Mr. Wojewodka earned a Bachelor of Arts degree in Political Science and Paralegal Studies from Kutztown University of Pennsylvania. He currently resides in Jamison, Bucks County with his wife and two daughters.
W. Brian Sundermeir, Vice President, DevelopmentDownload My vCard
Brian Sundermeir serves as Vice President of MRA Group, where his vast real estate expertise has contributed to the direction and growth of MRA for over ten years. Brian is responsible for the oversight of MRA's delivery of a broad range of real estate related services, including project development, asset management and corporate consulting. Mr. Sundermeir has direct accountability for the Project and Construction Management activities of MRA.
Mr. Sundermeir's twenty three years of commercial real estate development experience is notable for its breadth and scope, encompassing land planning, financial structuring, design oversight, project management, and marketing of a complete spectrum of projects, from first class office buildings to 200 plus acre multi-building campuses.
Prior to joining MRA, Mr. Sundermeir held senior management positions with such nationally respected companies as Rouse & Associates, Prentiss Properties, and Brandywine Realty Trust. He has developed over 3.5 million square feet of new office, warehouse, and industrial space, and has been responsible for countless other capital improvement/renovation projects. Notably, he was responsible for the successful development of the Philadelphia region's first LEEDS designated environmentally friendly "green" office building. Also, Mr. Sundermeir was the Senior Project Manager for the construction of the $22 million, state-of-the-art television studios for QVC, Inc.
Mr. Sundermeir graduated from Pennsylvania State University, and resides in West Chester, PA.
Joseph C. Whitelock, Chief Financial Officer
With over thirty years of corporate real estate financial and accounting experience, Joseph Whitelock provides guidance and oversight for all financial operations of MRA Group and its related companies. Mr. Whitelock holds extensive knowledge of the intricacies of commercial real estate finances and partnership accounting. His hands-on experience in managing corporate accounting functions establishes him as a leader in his field.
Prior to joining MRA, Mr. Whitelock served as Controller and Treasurer for Kahn & Company, a Philadelphia real estate development and brokerage firm. For over twenty-six years he performed many significant functions, including directing all property management accounting functions and supervising staff for a group of commercial real estate companies. In addition, he executed internal audits for operating companies, structured financing for a multitude of commercial property partnerships, performed partnership administration and tax review, and provided acquisition financial analysis.
Prior, Mr. Whitelock was senior staff accountant with Gross, Kreger, and Passio, CPA's, in Philadelphia. There he supplied audit and financial advisory services, and trained and supervised junior staff accountants.
Mr. Whitelock holds a Bachelor of Science degree in Accounting from Pennsylvania State University. He is an Enrolled Agent with the Internal Revenue Service and holds a Pennsylvania Real Estate Salesperson license. He currently resides in Towamencin Township, Montgomery County, where he has served as Elected Township Auditor.
Christine Stevens, Director of Operations
Christine Stevens serves as the Corporate Director of Operations with responsibility of overseeing all Operations for MRA Group, MRA Realty, Inc., MRA Development Services, Inc., and PRM Services, Inc.
Ms. Stevens brings over 20 years of management experience to this role having spent more than four of those as the CEO of her own company, Noticity Technology Services. This company, which is still thriving, provides communication consulting services to medical organizations and physicians seeking to implement meaningful use networks and technologies. She originally worked with MRA when she joined their organization in 1999 as a consultant focused on internal network redesign. As her IT expertise became more aligned with the direction of the commercial real estate market, and consequently, the demand with MRA medical real estate clients, she expanded her role and ultimately managed the design and implementation of modern infrastructure for many large health care organizations.
In her current role, Ms. Stevens is charged with the quality of service delivery to all MRA clients and facilitates many facets of the organization's core service offering. She is also charged with staff development and training to attain the Client Services goals of all MRA organizations. Ms. Stevens is responsible for the IT services internally and is frequently consulted by the development team as they plan for services in new facilities incorporating the future of medical IT.
Following her initial engagement with MRA, Ms. Stevens gained additional medical IT expertise in other positions including those with the West Virginia Medicial Institute and Quality Insights of PA which included training under the Office of the National Healthcare Coordinator. Ms. Stevens' business experiences range from Controller in a privately held food manufacturing company to operating as the the CEO of a technology firm.
Ms. Stevens holds a B.S. Degree in Accounting from Temple University as well as an MCSE, Microsoft Systems Engineer Certification. She attained her CPM, or Certified Project Manager designation in 2009. Ms. Stevens lives localy in Doylestown, PA.
Keith J. Delaney, Vice President of Acquisitions
Keith J. Delaney serves as Vice President of Acquisitions for MRA Group. He is directly responsible for capital strategies and evaluating and underwriting all new investment opportunities. Mr. Delaney has extensive experience in real estate development financing and accounting, financial management, corporate finance and formation, mergers and acquisitions, and strategic planning.
Prior to joining MRA, Mr. Delaney served as Chief Financial Officer and Partner for a regional commercial real estate development company. His experience includes the capital strategy and equity/debt raise, strategic planning, and partnership structuring for over $1 billion in project costs. Projects ranged from mixed use office re-development to ground up new developments. Prior to his concentration on real estate, Mr. Delaney was Managing Director for Better Financial Decisions, focusing on both capital raise and strategic growth for venture backed companies. He began his career at Arthur Andersen, LLP where he was a Manager in their Emerging Growth Practice.
Mr. Delaney attended the Wharton School of Business at the University of Pennsylvania and is a Certified Public Accountant in the state of Pennsylvania.
The MRA Group Advisory Board provides guidance and advice to the MRA Group senior management staff, guiding management decisions and the overall future of MRA. The Board consists of carefully chosen external members of high accomplishment and distinction who bring their considerable talents, experience and wisdom to bear on challenging issues facing the organization. Advisory Board members are selected as highly respected experts to provide both depth and range of experience in their specialties.
The Board members assist in evaluating strategic direction, solving problems, and achieving goals through meetings several times throughout the year. They ensure periodic self-analysis; provide independent assessment of the company to the President; serve as sources of information and advice; help achieve a broader perspective; and provide enhanced contacts to industry organizations.
BOARD MEMBERS:Edward A. Blechschmidt
Former Chief Executive Officer, Novelis, Inc. & Former Chief Executive Officer, Gentiva Health Services
Edward A. Blechschmidt is a business professional with more than 25 years of executive experience. He is the former Chief Executive Officer of Novelis, Inc. (now, Birla Group); former Chairman, Chief Executive Officer and President of Gentiva Health Services (NASDAQ: GTIV), a spin-off of the Olsten Group, a $5 billion conglomerate for which Mr. Blechschmidt formerly served as President, Chief Operating Officer, and later-Chief Executive Officer. He also served as President and Chief Executive Officer of Siemens Nixdorf Americas and Siemens Pyramid Technology, as well as Executive Vice President and Board Member of Siemens Nixdorf Information Systems AG of Munich, Germany. Prior to joining Siemens, Mr. Blechschmidt served for more than 20 years with the Unisys Corporation, where he held progressively responsible finance, administration, and line positions for several of the company's global initiatives, including President, Senior Vice President and Chief Financial Officer.
He is a member of the board of directors for Quintig, VWR International, Lionbridge Technologies, Columbia Laboratories, Inc. and Diamond Foods Inc. He has held board directorships with Healthsouth, Novelis, Option Care, Olsten, Gentiva Health Services, Inc., Neoforma, and the American Association of Homecare. He is also involved with various private companies and charitable organizations. Mr. Blechschmidt graduated from Arizona State University and was inducted into their business school hall of fame in 2010.Robert J. Fascia
Founder and President, private healthcare consulting firm
Robert J. Fascia is a seasoned healthcare executive, with more than 30 years of professional and senior-level experience. He currently serves as President of an employee health benefits and financial services consulting firm, which he founded in 2006, and is currently working with clients including HTH Worldwide, Trover Solutions, Bay Area Healthcare Advisors, BenefitFocus, Blue Cross of Jamaica and Blue Cross Blue Shield of Panama.
Prior to founding his company, Mr. Fascia was a veteran employee of Independence Blue Cross (IBC), having worked for nearly 30 years in various roles and senior-level positions within the company and its subsidiaries. From 1997- 2006, he served as Senior Vice President of Expansion Business with IBC, a division with over $10 billion in annual revenues. During this time, he served as Vice Chairman of the Board of AmeriHealth Administrators, Board Chairman of Inter-County Health and Hospitalization Plan, Vice Chairman of the Board of AmeriHealth Casualty, Inc., Delegate for the CEO to Board Meetings for Blue Cross Blue Shield, Vice Chairman of the Boards of Blue Cross of Puerto Rico and Jamaica, and served as a member of the Board of Directors of various wholly owned subsidiaries of IBC, including Newseasons Assisted Living, QCC Insurance Company, Inc., Independence Holding, Inc., Independence Insurance, Inc., and Blue Cross Blue Shield of Vermont.
Mr. Fascia also served as Senior Vice President for Operations, and Assistant to the President, Senior Vice President of Corporate Planning and Corporate Real Estate, Vice President of Facilities Management and Corporate Real Estate, and Senior Director of Corporate and System-Wide Planning. He received both his undergraduate degree and MBA from Northern Illinois University, and a Masters of Corporate Real Estate from CoreNet. He currently resides in Moorestown, New Jersey.Kim W. Snyder, PE
President, Eastern Industries, Inc.
Kim W. Snyder has over 35 years of experience in the construction, construction materials, engineering, industrial minerals, and materials logistics industries. He has held positions in sales, operations, engineering, business development, mergers and acquisitions, and executive management in small, medium, and large, national and international, publicly traded and private companies. He serves as Chairman of the Board of the McCarthy-Bush Corporation, founding Board member and past Chairman of Team Capital Bank, an advisory board member for Westfield Hospital, and has served in leadership positions in state and national trade associations. Mr. Snyder holds a BS degree in Civil/Environmental Engineering from the University of Rhode Island and a MBA from the University of Pittsburgh. He resides in Coopersburg, Pennsylvania.
Due to client confidentiality we are only able to provide a partial client listing.
- Aria Health System (formerly Frankford Health Care System)
- Baxter International
- Caremark International
- Corning Glass
- Crozer-Keystone Health System
- Delaware Valley Medical Center
- Doylestown Hospital
- E.I DuPont
- Einstein Health Network
- Friend's Hospital
- Grand View Hospital
- Holy Redeemer Health System
- Jefferson Health System
- Jefferson University
- Johnson & Johnson
- Kutztown University of Pennsylvania
- Lehigh Valley Health Network
- Main Line Health
- Metpath, Inc
- Muhlenberg Hospital
- Penn Mutual
- Pottstown Hospital
- Prudential Insurance Company
- Rohm & Haas
- Schering Labs
- Southern Ocean County Hospital
- Riddle Memorial Hospital
- St. Christopher's Hospital for Children
- St. Joseph's Hospital of Reading
- St. Mary Medical Center
- Temple University Health System
- Unisys Corporation
- USX Corporation
- Wills Eye Hospital
- YMCA of America