Practice Acquisitions
We make sure that whatever real estate is involved in your acquisition is treated appropriately and doesn’t come back to bite.
Real Estate Implications
When acquiring a healthcare practice, buyers are presented with a many elements that require evaluation and planning.
Among these items, Real Estate is especially important.
Buyers of healthcare practices must ensure:
The practice’s lease can be transferred or assigned during the acquisition process, as restrictive clauses or landlord consent can complicate the transaction
The practice’s lease contains options to allow for renewal, expansion or early termination, providing maximum flexibility for the new owner.
In cases where real estate is owned, the property is valued appropriately to accurately forecast financial implications inherent in owning commercial real estate.
Key Considerations
When contemplating the aqcuisition of a healthcare business or practice, it is critical to:
Ensure the Lease Agreement or Purchase Contract adhere to Lender Requirements.
Compare the Current Lease Terms against Comparable Market Alternatives.
Assess Lease Extension vs. Renegotiation, Blend-and-Extend, or Relocation.
Extinguish Personal Guarantees the Selling Practice may have in place with the Landlord
Sale-Leaseback Analysis in cases where the Practice owns facilities.
And More…
We can help your team navigate the transaction and ensure your practice acquisition leads to a smooth transition and allows for future success.
Want to Know More?
Check out some Frequently Asked Questions about Commercial Real Estate, and review our Glossary of Common Commercial Real Estate Terminology.
Let’s Work Together
We’d love to serve you and your healthcare business.