ERE was engaged by the physician partners to structure a sale and leaseback transaction. Over the course of 6 months, ERE educated the partners on their options and the impact of each. With a better understanding of the available solutions, the partners identified their objectives of establishing a more sustainable lease rate and eliminating personal liability from their existing mortgage.
The sale was successfully executed at a peak price which ranks in the top 5% of medical properties sold in Lee County, FL and meeting the partnership’s key objectives of setting a sustainable lease rate and avoiding personal guarantees.
The transaction was led by Collin Hart and Darian Padua.