Resources for Buying or Leasing Healthcare Real Estate
Would it be better to lease or own a medical building? How does the occupancy cost impact the owner-occupier of a healthcare facility? What professionals could assist a medical group in opening a new medical center?
Signing a commercial lease is a significant undertaking and inspires plenty of difficult questions. The good news is that healthcare real estate is not a new concept. There are plenty of resources that can answer some of the most challenging real estate questions. These seven blogs provide insight for medical professionals considering buying or leasing healthcare real estate:
Leasing vs. Buying a Medical Building
Leasing vs. buying a medical property isn’t always a clear decision. On the one hand, purchasing a facility is a great way to earn capital over time, especially for those who lease it out. On the other hand, the expenses of running a healthcare property can be costly. Leasing vs. Buying a Medical Building summarizes the pros and cons of both buying and leasing.
How to Save Money on Your Commercial Lease
Many medical professionals don’t realize they can save money on specific features within a commercial lease. With all the expense of running a medical practice, health professionals should know how to save their money. How to Save Money on Your Commercial Lease highlights a few ways to save capital, including elements like the buildout costs or tenant improvement allowances.
Why Paying a Lower Rent Rate Doesn’t Always Save Money
Yes, it’s possible to pay a lower rent rate and save money on a commercial lease. But just because the rent rate is lower, that doesn’t mean the tenant is saving money. Why Paying a Lower Rent Rate Doesn’t Always Save Money goes into more detail about why this seemingly counterintuitive phrase is a true statement.
Necessary Team Members for Opening a New Healthcare Facility
Healthcare professionals shouldn’t have to bear the burden of opening a new healthcare facility on their own. By partnering with several other business and legal professionals, medical groups can save time and ensure their contracts best represent their practice. Necessary Team Members for Opening a New Healthcare Facility lists several types of professionals who can help. (HBRE partners with many of these professionals. Reach out to us directly for contact information for specific industry personnel.)
5 Mistakes Tenants Make When Negotiating a Commercial Lease
Any number of things could go wrong within commercial lease negotiations. Prospective tenants should be wary about signing anything without a professional healthcare advisor to guide them. The blog 5 Mistakes Tenants Make When Negotiating a Commercial Lease points out a few of the major elements that tenants should know while directly engaging in commercial negotiations.
5 Tips to Consider Before Purchasing Medical Real Estate
Whether a buyer is new to purchasing a commercial building or just new to owning a medical property, they should review several details prior to signing a contract. The blog 5 Tips to Consider Before Purchasing Medial Real Estate provides an overview of everything from where to buy to pandemic-induced property adjustments. It’s worth the read and presents important aspects that a buyer may not have previously considered.
The Benefits of Working with a Full-Service Healthcare Real Estate Team
Not all commercial brokers are skilled in handling the full scope of medical real estate. Commercial real estate brokers may carry the necessary license and education. However, they do not all have the skills for healthcare-specific transactions. The Benefits of Working with a Full-Service Healthcare Real Estate Team explains the value of hiring a full-service healthcare real estate team.
Our commercial real estate practice exclusively focuses on medical real estate. As a full-service healthcare real estate team, HBRE services both landlords and tenants within the medical sector. Our team has the skills and experience to guide healthcare professionals through their healthcare real estate transactions. Learn more about us, our services, and our resources on our website—hbre.us.
If you are interested in learning more about investing in commercial real estate, or if you have questions about buying, selling, or leasing a commercial property, please contact an HBRE advisor. Our team of experienced CRE professionals have the skills and insight to assist with all property transactions. To reach out to us directly, email [email protected] or call 615-564-4133.
