Sample Provisions for Medical Facility Leasing, The Practical Real Estate Lawyer

09.01.17

Historically, commercial real estate has been divided into four major asset classes: office, industrial, retail and multi-family. However, during the past couple of decades, healthcare real estate has evolved into a major real estate asset class of its own. In fact, the healthcare real estate market is already larger than the industrial market and now rivals the retail real estate market in sheer size and scope. While many have viewed this new asset class narrowly as comprised of only medical office buildings (“MOB’s”), the healthcare real estate asset class is actually much broader, including many different types of facilities along the so-called “continuum of care” (such as, for example, wellness/fitness centers, community clinics, ambulatory surgery centers, rehabilitation hospitals, long-term acute care hospitals, assisted living facilities and the like).  READ MORE

 

 

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