Blogs » Commercial Lender » California » Walnut Creek » Commercial Lending » Medical Office a Bright Spot for Commercial Real Estate

Medical Office a Bright Spot for Commercial Real Estate

Posted: Friday, November 21 at 12:01PM

<font size="3" face="georgia,palatino">Yesterday I spoke with a developer selling medical/dental office. He told me that despite the lack of financing in general, doctors and dentists were still able to find financing through SBA loans.</font>

<font size="3" face="georgia,palatino">This is confirmed by an article from NREI Online:</font>

<font size="3" face="georgia,palatino">While office building transactions have fallen off a cliff in recent months, one bright spot many industry analysts point to is the medical office building market, where sales typically range from $10 million to $30 million. According to the latest data from Real Capital Analytics, sales of medical office properties totaled $3.3 billion in the first nine months of 2008, a 13% drop compared with the same period a year earlier. But that dip pales in comparison to the 62% dive in property sales for the entire office market in the third quarter.</font>

TrackBacks

Comments

  1. Finally_a_good_picture_colleague_thumb
    Tara Powell
    11 months ago

    Hi

    I am Tara Powell, a real-estate agent in Ga looking for buyers who would be interested in placing a medical facility in Cherokee County Ga? I have a great property for just that.

    Thanks
    Tara


Your Name:
Your Email:
Message:
     Subscribe to comments?
Create_your_blog_large_sign_up
Headshot_colleague_thumb
Peter Maclennan
Maclennan Investment Group
Commercial Lender
Walnut Creek, California

Website: http://www.maclennaninvestments.com
Phone: 925-385-8798

Become Peter Maclennan's Colleague Subscribe to this Blog Subscribe to this post's comments Subscribe to this Blog by email

Archive

Recent Posts

Recent Comments

Blog Roll