I hate to admit it, but I am old enough to clearly remember The Steve Miller Band singing “Take the Money and Run”. I just didn’t know that it described the physician-partners who walk away from a debt obligation and leave the repayment for the rest of their partners or, worse, those that may be future partners.
In a recent orthopedic meeting, no less than a half dozen groups approached CMAC’s team in search of solutions for an issue that is growing more and more common. “How do we roll up properties that have diverse ownerships so that all of the partners in the practice can have an opportunity to own the real estate as one”.
In 1972, Steve Jobs was given a particularly difficult project by Atari who offered $700 if he could reduce the number of chips required for a computer game.
It’s official. Libor, the standard index controlling over $350 trillion of financial instruments, is scheduled to be replaced by 2021. That is the target date agreed upon by several international governing bodies that include an arm of the Fed. If you have a bank loan with a fixed rate using a swap or are considering such a loan in the future, your fixed rate could become “unfixed” and take an unexpected jump…
It’s a great time to be a physician-owner of the medical property housing your group, ASC or hospital. The continued credit worthiness of healthcare tenants has translated into aggressive purchase offers for those properties and the perpetual question; do we hold or do we sell?…
An appraisal of your medical property can be one of the most critical components in determining the profitability of your investment. It may influence the.
The Journal of Physician-Owned Real Estate – success stories and industry learnings from the past decade.