Lenders for Medical Buildings
Medical real estate is a good investment, but it's important to understand what the medical community needs to function at the highest possible level. Some of that the tenants can handle themselves; other amenities and comforts you as the building owner will need to provide for them.
Evaluate your investment. Have the building inspected and appraised, then have a study done on vacancy rates and average rental and lease prices in the neighborhood you're buying in. You don't want to price yourself out of the market and you don't want to undercharge either. Is the demand there? Will the industry be able to sustain another medical building in that community? Are there any medical industry changes on the horizon that could affect your business? Issues like health insurance reform and FDA regulations can change the landscape quickly and dramatically. Have you taken those into account and thought about more diversity in your tenant base?
These are all questions you should ask yourself when you're creating a business plan for the lender that will provide you the financing you need to buy a medical building.
Winston Rowe and Associates, a national recognized leader, provides financing without the usual upfront fees for medical buildings and commercial properties.
Medical Building Financing Solutions:
Capital Deployment Starting at $1,000,000 with no upper limit
Nationwide Coverage
No upfront or advance fees
Purchase, Refinance and Cash out
If you would like more information about Winston Rowe and Associates, you can contact them at 248 246 2243. A principal is always available to speak with clients. You can also check them out online at http://www.winstonrowe.com
Contact
Staff Writer
248-246-2243
processing@winstonrowe.com
