Knowing Important Real Estate Legal Terms

This article defines some important terminology for when one is looking to lease office space. These terms will be helpful when you need to address specifics of your lease. To read these definitions click here.
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The Medical Field Will Never Die

Within the real estate industry, one niche continues to holds strong: medical office buildings and hospitals. One reason is because people will always need medical attention and that doesn’t coincide with the country’s economy. For more information, click here.

Spend Savings on Medical Office Buildings

Economist Gary Shilling recommends anybody’s next investment to be a medical office space. He explains his reasoning through several factors: millions of additional Americans receiving health care, increase in the work force, American’s aging and improvement in technology. Click here to read more of the article.

Good Time to Buy Medical Office Space

Despite the recession greatly affecting the country, the medical real estate has remain fairly constant throughout. Many doctors buying medical space generally sign longer leases than anybody else but because it is one of the most stable industries to invest in makes it a less intimidating. Click here to read the whole article.

Medical Office Space Constantly Expanding

There is a continued growth in medical office space because over the next two years 32 million Americans will receive health care. Also, there will be growth in medical buildings coinciding with baby boomers growing older. To read the full article, click here.

Healthcare Real Estate Growth

Despite being a very complicated and regulated industry, medical real estate is judged to be growing according to a panel of industry experts. There are many challenges but with all the changes going on in the industry, there are opportunities. For more information, click here.

Medical Real Estate's Future Keeps Looking Promising

This article addresses four trends in medical real estate. The trends are that the REITs are back, properties are worth more money since the capitalization rates are down, and Obama's expanded healthcare policy creates medical real estate in high demand. The last trend is that the medical field has mostly been left unharmed from the recession comparatively to the other industries, which makes the growing medical field be able to move into other empty spaces. For more information click here.

Budgeting Has its Importance in the Medical World Too

After you're done saving lives all day, remember, you still have to worry about budgeting for upgrades in your medical office space. Budgeting for you medical office space upgrades can be a tough job, but luckily there is help out there, starting with an article from MedicalOfficeToday.com. Daniel Casciato wrote, "Creating a budget for medical office upgrades" ​where he discussed some budgeting upgrade issues with a CPA. One recommendation from the article is, "Creating a basic budget template" ​because an upgrade may turn into something more expensive than you once thought if no mission is actually written. To read about more about budgeting during a medical office space upgrade​, click here.

Is Your Medical Office Inviting to Patients?

Once you’ve selected your medical office there are other aspects to take into consideration. Did you know that the color of the walls, lighting and fabric selection could play a huge role in how comfortable your office is for your patient? Another thing to keep in mind is who your patients are. Whether you specialize in adults or children- how you decorate matters! This article discusses the details to think about when designing for a new medical office. To read, click here.

Make New with the Old

Carrie Rossenfeld wrote an article titled, "Reusing Medical Record Space" that answers the question of what do to with the empty space once medical facilitates transition to using Electronic Medical Records (EMRs). Some solutions she gives are making it a procedure, exam, x-ray, office or break room. What medical office space couldn't use an extra room? Some other ideas are to make it a pharmacy or lab room. For more solutions read the full article.

3 Reasons To Go Electric

The article, "3 Reasons Why Hospitals Should Adopt Electronic Health Records" explores why more and more hospitals are using electronic health records. The article states that the three reasons are to enhance efficiency, receive government instigation, and to prevent penalties. Hospitals should start to embrace implementing electronic health records because they may be able to receive $44,000 in the next five years. To read more about the the trio of reasons to use electronic health records in your medical office space click here.

Planning your office space

This article, "Effective Space Planning" by Sibley Fleming shares five ways to effectively evaluate your office space. Fleming states that there isn't one unique equation but she shares some helpful tips. To read more about the five ideas click here.

Target Market Your Office

In the article, "Designing for Patient Demographics" by Carrie Rossenfeld talks about how doctors need to start designing their offices based on their patient's demographics. She wants doctors to think about what different patients would need and want from their medical practitioners. Rossenfeld continues to give some examples of how to accumulate this information. To read these examples and more on this article click here.

The Baby Boomer Affect

An article titled, "Is it Time to Jump on the Baby Boomer Bandwagon?" states that there is a projected need for outpatient medical centers because the 8.6 million 50-64 year olds will require it in the upcoming years. The author of the article believes that the demand is present but health care real estate developers do not need to rush into anything just yet. For more information click here.