OFFICE & MEDICAL PROPERTY FINANCING
Financing for Office and Medical Properties.
Office and medical properties can range from small professional buildings to multi-tenant medical and conventional office assets. Tenant demand, leases, occupancy, location and specialized improvements can all influence financing.
Where This Financing Can Fit
Financing may apply to professional office, medical office, dental, owner-occupied and multi-tenant properties.
Lenders may distinguish between conventional office space and highly specialized medical improvements, while also evaluating tenancy, rollover and local demand.
What We Evaluate
Current occupancy
Tenant mix and leases
Medical or specialized buildout
Income and expenses
Location and marketability
Borrower profile and business plan
The Structure Depends on the Deal
Office & Medical transactions can range from stabilized conventional requests to situations involving vacancy, renovation, business occupancy or a changing income profile.
Lee Commercial Capital evaluates the property, borrower and objective before narrowing the financing channels.
Common Office & Medical Transaction Scenarios
Professional office investment
Lease rollover and local office demand can be central to underwriting.
Medical office
Tenant quality and specialized improvements may strengthen or complicate the credit story.
Owner-occupied office
The operating business and property are evaluated together.
Vacant or repositioning
Lease-up assumptions, reserves and borrower strength become more important.
What to Have Ready for an Initial Review
Property: property address and use.
Operations: tenant roster and leases.
Transaction: occupancy.
Borrower: operating statements.
Supporting information: purchase price or value.
Details: requested loan amount.
Information: planned improvements.
Information: borrower liquidity and experience.
Questions That Often Matter on a Office & Medical Deal
Can vacant office space be financed?
Potentially, but vacancy and local leasing conditions can materially affect leverage and structure.
Are medical properties treated differently?
Sometimes. Specialized buildout, tenant quality and alternative-use potential can affect underwriting.
Can a business finance the building it occupies?
Potentially. Owner-occupied structures can consider both business and real-estate fundamentals.
Financing an Office or Medical Property?
Send us the property, requested financing amount, occupancy or income information, and timing. We’ll start with the transaction.
Discuss Your Deal