We know how to operate medical office buildings.
As an MOB owner, you may not know the complexities inherent in a medical building. Let us help. We know where and how to save costs to keep your expenses under budget while never compromising the quality of service to your building.
We provide our owners with complete oversight of the operational and financial performance of their medical office buildings. Health Connect Properties has managed healthcare facilities for decades providing us with a breadth of comparable MOB benchmarking. Additionally, our property managers have a specific set of skills required to maximize medical asset value.
- Day-to-day maintenance
- After-hours emergencies
- Preventive maintenance
- Risk management insurance
- Life/Safety systems and procedures
- Regulatory enforcement
- Tenant relations
- Lease administration
- Annual budgeting (operational and capital expenditures)
- Monthly reporting and narrative
- Capital improvements planning
You need a broker who is deeply ingrained the healthcare community.
From hospital systems to private practices, our vast network of medical professionals allows us to efficiently find the ideal tenants for your space.
Health Connect Properties has the capability to provide leasing for any type of property: pre-leasing new developments, leasing existing property vacancies, or subleasing space. No matter the type of property, we have a three-pronged approach:
Our experience in the Rocky Mountain region’s healthcare industry is incomparable. We have historically followed trends in both the medical sphere and the real estate sector. Our market knowledge coupled with our investment in several research tools allows us to compile granular data to zero-in on lessee candidates.
Every building has a story to tell. Our seasoned marketing team works with building owners to develop a customized message to the medical and brokerage communities. That message is then widely distributed through traditional and digital marketing channels.
- Property signage
- Lease brochure
- Direct mail
- Professional photos
- Commercial Real Estate MLS (Multiple Listing Service) sites
- Social media
- Digital property tours
Based on initial market research, we use a systematic approach to tap into our established pipeline of medical tenants. With a database of over thousands of tenants and lease expiration dates, we have a built-in network of potential lessees.
We recognize half the battle is getting a prospect engaged. Once there, our brokerage team thrives in negotiations. We are relentless in pursuing the optimized terms for our clients. We represent our clients armed with detailed financial analysis and a deep understanding of leases. We will guide the entire negotiation process from Letter of Intent to the executed lease.
Your practice’s lease is often the largest expense – it deserves proper expertise.
It is paramount the knowledge applied and time spent on your lease is comparable to the impact it has on your bottom line.
Just as you are an expert in medicine, we are experts in real estate. If we are not actively listing a property that fits your practice’s needs – that’s ok. We can represent you as a “tenant rep”. We’ll go to bat for you whether it’s renegotiating your current lease, moving your practice, opening another clinic, downsizing your space, or expanding your footprint.
Denver may be booming – but we have worked in its healthcare real estate industry for decades actively witnessing the growth. If we haven’t managed, leased, bought, or sold a particular medical office building – it is very likely we placed a tenant in that building in the past. Our knowledge of Colorado’s healthcare facilities is elaborate and precise. And if we haven’t worked with a particular building, we quickly become familiar through exhaustive research and expansive networking.
Finding the right property for your practice then leads into the negotiation process. Our principal and leasing team have a fierce and competitive approach to lease negotiations – but we are also reasonable. Our clients have come to expect us to pinpoint unfair terms to negotiate on their behalf; and also to know at what point a lease is fair and reasonable.
TENANT REP TOOLS:
- Occupancy Cost Analysis: How much are you really paying to operate out of your suite?
- Space Requirement: What square footage is your practice’s most efficient use of space?
- Market Study: What are comparable rates in your market?
- Lease Analysis: What will your cash flow look like over the course of a proposed lease term?
- Financial Analysis: Would it make more sense to buy your next space or continue to lease?
PURCHASES AND SALES
An investment in real estate can be the most sound decision you make – if guided properly.
We provide expertise in acquisitions, dispositions, and ownership of medical office buildings.
Whether you are an investor or an owner-user, we provide the guidance necessary to make an informed decision on your medical office building acquisition. We work with private equity groups, healthcare systems, physician owner-users, institutional owners, and developers. Purchases can include anything from raw land to existing medical office buildings to properties with potential to convert to healthcare facilities.
As an owner of a medical office building, it is imperative you have access to buyers. Our experience provides us with a pipeline of REITs both large and small, private equity groups, and healthcare systems serving as potential buyers of your property. We also provide:
- Analysis of your property to determine timing of a disposition
- Suggest improvements to vastly increase value
- Position the property for maximum marketing exposure
- Manage the negotiation process from Letter of Intent to Purchase & Sale Agreements
- Guide the Due Diligence process through to Closing
From conception to occupancy, we make projects come to life.
We have the capacity to provide an entire turnkey solution for medical office buildings.
Health Connect Properties has developed several 20,000 square feet and larger medical office buildings in the metro Denver area. Our clients often tell us the benefit of a team like ours is we provide it all. We manage the entire lifecycle of a project providing a one-stop shop complete with experts in healthcare-specific real estate.
Manage your construction with end-to-end expertise.
From hospitals to medical office buildings, we have extensive experience in delivering premiere healthcare spaces.
Health Connect Properties has a portfolio of construction projects ranging from small tenant improvement jobs to on-campus hospital MOBs. Our familiarity with market costs and our accessibility to competitive contractors paired with streamlined project management keeps your project cost-efficient and high quality.
Types of Construction Projects
- Core/shell construction
- Tenant finish coordination (raw space or renovation)
- Capital improvements
Optimize the value of your medical real estate investment.
Whether it’s a single property or your entire portfolio, we will help navigate the risks and improve value with the ultimate goal of showing an increase in your returns.
The difficulty in owning any building is the delicate balance of meeting tenant’s financial expectations, providing quality servicing to the building, and maximizing ownership’s investment returns. Health Connect Properties is well-versed in achieving all objectives. We will manage:
- Cash flow projections
- Lender requirements
- Operating expense control & analysis
- Investment analysis
Your real estate directly affects patient-care delivery.
We identify and solve challenges to ultimately deliver higher quality care at a lower cost.
The healthcare system certainly changes per government policies, economic fluctuations, technological advances, and generational differences. Despite inevitable industry changes, we recognize the way your patient receives care should be a constant.
The physical space in which you deliver healthcare is a living, breathing entity and requires specialty attention to optimize your performance indicators. We work as consultants for healthcare systems, private physicians, and building owner’s to identify and solve the ever-present challenges of operating a healthcare facility with the ultimate goal of increased patient satisfaction.
We serve as consultants for…
- Cost-savings in building operations
- Property tax appeals
- Updating outdated floor plans
- Increasing space efficiency
- Evaluating potential sites against demographics
- Property acquisitions and dispositions