PRACTICE ACQUISITION
REAL ESTATE SERVICES
IMPORTANCE OF REAL ESTATE DURING AN ACQUISITION
The acquisition of a new practice is an exciting time for buyers, allowing them to enter the field or grow their practice.
In order to complete a healthcare practice acquisition or transition, nearly every buyer must do one of the following in regards to the real estate:
- Purchase the building
- Negotiate a new lease with the landlord to rent the medical office
- Receive an assignment of the current lease
At CARR, we specialize in helping practice buyers navigate the practice acquisition real estate process.
The Acquisition Process
We begin by performing detailed analysis of the subject property, then present all other viable options along with detailed economics of how each scenario impacts the value and profitability of the practice the buyer is interested in purchasing.
Because it’s the second highest expense for most healthcare practices, ensuring the commercial real estate economics are favorable is paramount.
ENSURING YOUR SUCCESS DURING A PRACTICE ACQUISITION
- Evaluate extending the current lease vs. renegotiating new terms
- Eliminate any personal guarantee issues with selling doctor
- Ensure the monthly rent or mortgage terms meet the buyer’s lender’s requirements
- Compare current lease terms to other market opportunities
- Provide purchase vs. lease analysis
- Complete additional strategies to save time and energy
WONDERING WHETHER TO BUY OR RENT THE MEDICAL OFFICE OF AN ACQUIRED PRACTICE?
You’ve come to the right place. At CARR, we understand how important real estate is for healthcare providers. The decisions you make when buying a property or negotiating a lease have a major impact on profitability, so we take our responsibility to you seriously.
If you want to make an informed decision regarding whether to rent or buy a space, please request a free evaluation. This evaluation helps you understand how a lease compares to the broader healthcare real estate market.