WebMar 27, 2024 · 1. Get multiple quotes. As a selling physician, getting multiple quotes is key to getting the best offer for your practice. Don’t wait for potential buyers to come to you; instead, contact a handful of viable buying prospects, including medical groups and group practices, to tell them about your plans to sell. The key lies in selling the building and leasing it back, or a “sale-leaseback.” UNDERSTANDING THE SALE-LEASEBACK Here’s an example: If a doctor borrowed $1.5 million 10 years ago to develop a $2.5 million medical facility and is now operating an established and successful medical practice, the loan for the building has probably been ...
How to Sell a Commercial Building Sapling
WebJun 1, 2024 · For a small medical or dental practice, an office’s location, size, costs, benefits and future returns affect the degree of success the business can achieve there. WebJun 15, 2024 · In 2024, eight billion U.S. dollars was invested into the healthcare and medical office property market in the United States. This area has experienced steady growth since 2011. New York was... twirlywoos more about out
Rx for Success: Medical Office Buildings CCIM Institute
WebWhy it's a favorable time to sell your medical office building Medical office values today are at a peak. Especially in the wake of the COVID-19 pandemic, when many other forms of commercial real estate suffered, medical office buildings (MOBs) maintained their historical pattern of being recession-resistant, with stable occupancy and rental rates. WebDec 4, 2000 · Nonmedical buyers range from life insurance companies with diversified real estate portfolios to companies that specialize in medical buildings. There's even a niche … WebDoctors seeking to sell or buy property in preparation for expansion, relocation, downsizing or retirement. Investors who are considering full or partial divestiture of a property or … twirlywoos out full episode