In the below article featured in Ophthalmology Management, Collin Hart, MBA, CEO, Managing Director ERE Healthcare Real Estate Advisors is quoted discussing a Real Estate Sale as it relates to a Practice Sale.
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In the current market, higher multiples are being given to the real estate than to the practice, according to Collin Hart, CEO and managing director of ERE Healthcare Real Estate Advisors. “Selling the practice changes the dynamic of your real estate investment. Instead of being an owner occupier, you now play the role of third-party landlord to a tenant who will likely have different and more expensive requirements.” Hart’s analyses often show doctors attaining a higher overall transaction value by selling the real estate in a parallel transaction.
The overall transaction value for a practice can be enhanced by selling the real estate in a separate transaction. Image courtesy ERE Healthcare Real Estate Advisors.
Read the full article here