Posts in Real Estate
Leveling the Playing Field in Your Next Office Lease Negotiation

The current commercial real estate market has been dramatically affected by the economy in the past several years. This has resulted in a very favorable environment for tenants, as landlords are extremely motivated to attract new tenants and retain existing ones—especially high quality tenants such as healthcare practices. Some of the current opportunities include reducing your monthly rent payment, upgrading your office’s appearance through an improvement allowance, as well as obtaining free rent and other favorable concessions.

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Avoiding Pitfalls in Your Next Office Lease Negotiation

Over 80% of healthcare practices lease their office space. The location and impression their office makes on patients is a huge determining factor in patient referrals and return visits, especially in a competitive market. Additionally, the cost of rent is typically a practice’s second-highest expense after payroll. For these reasons, it is imperative that practices achieve the best possible terms during new lease and renewal negotiations in order to maximize profitability.

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Hiring the Right Dental Practice Broker

Selling a dental practice is a huge life event for a practice owner and will have a significant impact on their quality of life after the sale. In previous articles, we discussed the reasons for hiring a dental practice broker and their role in the transition process.  While it is important to understand the role of a broker and the importance of utilizing their services, it is also imperative that you hire the RIGHT dental practice broker to represent you in the sale and facilitate a smooth transition.

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Why Purchase A Dental Practice?

Dr. Jones arrived for his appointment right on time dressed in his blue scrubs. He had come directly from his current associate position with Mega Clinic. I had met Dr. Jones at a dental school lecture a few years prior where the topic of our lecture had been “Career Choices Upon Graduation."

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Is Now a Good Time to Sell a Dental Practice?

As practice transition specialists, we are often asked “Is now a good time to sell a dental practice?” While there are many factors involved in making the decision to transition your practice, the short answer is YES. The current practice transition environment features several attributes that are helping to enhance practice value and make it an ideal time to consider a practice sale.

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