Real Estate Update

(PYA Alert dated February 18, 2008)

Many physician groups are considering ownership opportunities for their medical real estate. Pershing Yoakley & Associates, PC (“PYA”) is affiliated with a healthcare real estate advisory and development firm, Realty Trust Group (“RTG”) that has advised physician and hospital clients on the planning, managing, financing and development of medical office buildings.

There are several common factors that should be considered when evaluating whether or not your medical practice can afford to build:

• What is the strategic benefit to the practice?
• What is the size and cost per physician?
• Should the group own or lease?

The linked PDF file contains additional information related to these common factors. For further information about medical real estate or this PYA Alert, please contact Greg Gheen at 865.521.0630 or visit RTG’s website.

The information provided via PYA Alert, Tax Planning Alert, or Audit and Accounting Alert should not be construed as accounting, auditing, consulting, or legal advice on any specific facts or circumstances. The contents are intended for general information purposes only.  Please contact us at (800) 270-9629 to discuss your specific situation or to discuss any specific questions you may have.

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