Peter Pays Paul

Inside commercial hard money lending.

26 Nov

Doctor’s Are Still Buying Office Space

Category: Commercial Mortgages, Commercial Real Estate

With so much negativity in the news there is a bright spot and an opportunity for commercial real estate brokers and lenders to market to doctors. This niche seems to still be buying.

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.

Medical Office Sector Bucks The Cycle.

Tags: Commercial Mortgage, Commercial Real Estate


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Posted Wednesday, November 26th, 2008 at 12:42 pm
Filed Under Category: Commercial Mortgages, Commercial Real Estate
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