Optimizing Your Cash Flow for your Practice: Negotiating Real estate in an Unstable market
Thursday, May 14th, 2020
Shay Vogg - Agent, CARR Healthcare Realty
Stefan Zelich - Agent, CARR Healthcare Realty
One of the most important things physicians and practice administrators can do NOW in the wake of COVID-19 is to optimize your cash flow and start to plan for the new normal. Although we may be entering into a volatile market, several things may be done to allow you to increase your profitability in the long run. We have entered a very favorable environment for tenants. Whether you are leasing, looking to purchase your existing space or find another location all together, now is actually a great time for you to evaluate your options. Some of the opportunities include reducing your monthly rent payment, upgrading your office’s appearance through improvement allowances, as well as obtaining free rent and other favorable concessions. If you lease is due to expire or you are looking to purchase in the next 18-24 months there are several things you should be doing now so you have a strong posture to achieve the best terms possible for that future transaction.
Medical businesses are extremely valuable tenants/buyers, regardless of what a Landlord might tell you to gain leverage in negotiation. They need you in their property more than ever in the coming months. Tips in this webinar will help you be prepared when the time is right to open a negotiation on a building on your next real estate transaction.
FREE WEBINAR! ALL ARE WELCOME!
HOW TO JOIN THE WEBINAR: Please use the link provided in the confirmation email to complete your registration.
Continuing Education Units, CEU's:
Earn up to 1.0 continuing education unit hours for each hour of education from the ACMPE, American College of Medical Practice Executives. Our events are eligible for continuing education units as awarded by other professional associations. We recommend that you contact your professional association for their approval process.