Our Services
Crown MedRealty Partners takes pride in delivering a high level of service on every project with an experienced team who knows the healthcare real estate market inside and out.
We focus exclusively on medical real estate and building long-term wealth for our investment partners. We can handle every aspect of any type of deal, from acquiring and selling medical offices, to managing medical office properties, and developing new medical office facilities.
Over the last 10 years, we have built relationships with leading real estate brokers across the country, who often source off-market opportunities and present to Crown MedRealty first. We’re known for making quick decisions and being easy to work with, and our reputation continues to pave the way for new deals.
Acquisition & Disposition
Our core focus for acquisitions is pursuing net-leased medical office buildings serving one to four tenants with an average of 10 years remaining on the lease terms. Crown MedRealty has extensive experience working with physician-owned medical offices, and we provide a monetizing opportunity for the physicians through a sale/leaseback arrangement.
For physician groups, owning and operating their medical office property can take their focus away from serving patients. By selling their healthcare real estate property to Crown MedRealty through a sale/leaseback agreement, we can take over the day-to-day management of the property, while the physicians can monetize the opportunity to become an investment partner in their own building and others. This frees up capital for the physicians to reinvest in the practice, reduce debt, or improve technology and medical equipment. And it frees up the physicians’ time to focus on the reason they got into medicine – to help people.
We’re skilled at working with different types of real estate transactions, whether it’s a 1031 exchange or tenancy in common (TIC).
Our Acquisition Process
1. Available Properties
Review all medical real estate properties available for purchase. We consider and evaluate both “off market” and widely marketed assets.
2. Initial Screening
Initiate underwriting and screen for properties that fit the geographical, tenant, lease, property quality, and investor return profiles.
3. Initial Committee Meeting
Discuss financial analysis, market review, and property inspection with brokers and property management.
4. Final Underwriting
Develop base and stress case financial models. Bracket/Forecast anticipated investor returns.
5. Investment Committee
Investment committee (four partners) discuss and debate final underwriting.
6. Invest
Make offers and strategically purchase assets via single purpose entities.