Every industry has them—rampant myths and misinformation. The more complex the industry, the more misinformation is readily available. And since medical real estate is a niche market of commercial real estate (CRE), it’s easy to see how misinformation can spread so easily. So, we’ve put together a list of truths to dispel four common medical […]
4 Myths Behind Medical Real Estate Read More »
Who could have seen 2020 coming? After a record-breaking expansion phase, we simultaneously faced a pandemic and an economic roller coaster. Businesses had to close their doors—some temporarily and some permanently. Many businesses faced shortened hours and a sharp decrease in staff, while health and safety concerns became top priorities. Commercial lease agreements that were
How to Plan for the Unexpected While Negotiating a Commercial Lease Read More »
Tensions are high as budgets tighten. The COVID-19 pandemic has strained the economy, and every industry has been impacted in one way or another. With the substantial increase in telehealth visits, online shopping, and other virtual events, “business as usual” has changed entirely. As a result, business owners carry much uncertainty about how to handle
FAQs on COVID-19 and Lease Negotiations Read More »
The phrases “medical practice” and “medical facility” are not one and the same. A physician or team of physicians may practice within a medical building, but that doesn’t mean they own the facility. Similarly, health systems may not own every building in which their physicians practice. Each medical real estate deal is as unique as
What to Do with a Facility When You Sell Your Medical Practice Read More »
In May of 2020, we published an article entitled, “The Post-Pandemic State of Commercial Real Estate.” It was an update that included data from early 2020, and our forecast for where commercial real estate (CRE) would be heading when the virus tapers off. But as COVID-19 continues to spread throughout the country, it continues to
2020 Mid-Year Healthcare Real Estate Insights Read More »
The Data In June of 2020, NAR completed a study that included over 2,300 of their members. In the survey, 75% of the property managers admitted that their tenants were having trouble paying their rent. Only 19% said their tenants were able to pay their rent on time. The individual landlord numbers were a bit
3 Ways to Handle Commercial Real Estate Differently After COVID-19 Read More »
Location Factors to Consider Before Leasing or Buying Medical Real Estate Medical real estate is a niche sector of commercial real estate (CRE), and as such, it comes with a unique set of parameters. So even though location is a prime consideration for all CRE sectors, healthcare professionals have a different set of factors to
Location Factors to Consider Before Leasing or Buying Medical Real Estate Read More »
It seems “unprecedented,” is one of the most-used words to describe 2020. Yes, the pandemic has caused a widespread ripple effect, touching every industry in one way or another. But the commercial real estate (CRE) industry is no stranger to economic downturn. The cycle has always been: recovery, expansion, hypersupply, and recession. While building design
How to Prepare Your Commercial Property to Sell in 2020 Read More »
For commercial property owners and landlords, the word “vacancy” can be troubling. A commercial property without a tenant is a costly unused asset. Even a property owner with multiple tenants can feel the weight of just one empty suite. And over time, the financial strain compounds with each expiring lease. Filling a commercial property often
How to Find Commercial Tenants Read More »
Zoom Video stock hit a record high as of June of 2020. The teleconferencing company is just one of the tech companies that became a necessity due to COVID-19. Within just a few short months of the first case of COVID-19 reported in the U.S., tech stock soared. Google’s parent company, Alphabet Inc., watched its
How Work-From-Home Culture Is Impacting Commercial Property Read More »
