Medical Sale/Leasebacks are growing in popularity as physicians realize their focus should be on patients, not on the business of real estate ownership and management.
The funds generated can help support growth in the practice, provide retirement income, fund equipment purchases, etc. while also offering some significant tax benefits. For investors, this can be one of the safest and most attractive products on the market. Our exclusive partnership the largest private medics investment group in the US helps Medical Office Building (MOB) owners realize top sale prices, flexible structure and timing, and many other benefits that come from dealing with a privately owned investment firm - one that's not constrained by the same regulations that typical REITs must contend with.
We're currently funded with up to $1B for MOBs ranging from $4-250M. This means that we can close quickly, with no risk that the deal won't be funded.
Now is the time to investigate whether a Sale/Leaseback is right for you. As interest rates have been at historic lows for quite some time, returns on MOBs have also been at all-time-highs. As interest rates creep upwards, as they have started to do, prices for MOBs will begin to stabilize or decline. Since no one has a crystal ball, we can't know what the future holds. But we believe it's safe to say that interest rates will climb and normalize over the coming years. Your maximum return is almost certainly now - so let us provide a free analysis of your property: call today!
RECENT NEWS:
RoseMark is proud to announce the sale of a Virginia Beach 31000 SF MOB that is occupied by The Jordan Young Institute and Patient First. The physician group reinvested the maximum amount permitted back into the asset, and will see their pro rata share distributed to them monthly. In 3-5 years, the asset will likely be bundled with a larger portfolio, and sold to a publicly-traded REIT. The physician group will then realize a substantial return as REIT's typically pay much lower cap rates, thus higher pricing for the MOB. SOLD!
RoseMark is currently working with a top Orthopaedic group to develop, build and monetize over 130,000 SF of medical office space, including an ambulatory surgical center. Not only will the physician ownership see a substantial return once the projects are completed, but have the opportunity to double- or triple-dip via the reinvestment vehicle known as PREP - Provider Real Estate Partnership. Much of the returns will be tax free, and the balance will only be subject to capital gains (vs. much higher ordinary income rates). SOLD!
This featured property is one such option: a highly successful orthopaedic practice with 4 buildings totaling 97000 SF, and long term leases in place. Offered at $37,780,000, this opportunity is perfect for institutional buyers as well as partnerships that specialize in medical office. SOLD!
Another property is coming in the next few weeks, also a Medical Sale/Leaseback. Priced at approximately $2M at a 7.5% cap, this property will have an Absolute NNN lease with a 10 year term. No out-of-pocket expenses for the buyer for the entire lease term. Details are available with signed CA. SOLD!
An additional Orthopaedic location, under construction, has a 15 year lease in place and is located in Shallotte, NC. This parcel was chosen due to its central location between North Myrtle Beach, and southern Brinswick County (the second fastest growing county in the US). Buliding will be 14,940 SF on one level, with Hwy 17 frontage. Offered at $5,980,000. SOLD!