Ryan McCullough from Partners Real Estate joins us for this episode of 'The Patient Physician' podcast. Specializing in medical office transactions, Ryan's experience shines as he discusses the nuances of this niche commercial real estate market. The conversation delves into key medical real estate investment aspects, including managing lease terms, dealing with the nuances of triple net leases, and strategizing for future growth. Ryan also touches on market trends, opportunities, and the crucial role of involving a proficient team early on in real estate planning for physicians. Ryan's insights serve as a reminder that while real estate can be lucrative, it requires careful planning and expertise. Whether aiming for practice independence or considering real estate as part of a retirement strategy, don't miss this conversation.

MEET OUR GUEST: Ryan McCullough, Partners Real Estate - Medical Investment Specialist - ryan.mccullough@partnersrealestate.com

Ryan started his commercial real estate career in 2016 and specializes in medical office. His client-first focus and tenacious work ethic helped him close over 150 transactions for approximately half a billion dollars. Ryan believes the key to his success is focusing on building long-term relationships by truly understanding his clients’ needs and objectives and staying true to what is in their best interest.

As business quickly reached capacity, Ryan co-founded the Medical Investment Group. A team of likeminded individuals who strive to provide the highest quality representation for property owners throughout Texas. As Partners became an independent national brand in 2022, the Medical Investment Group leads the charge for growing a national investment sales team focused on medical office.

TIME STAMPS:

00:00 Introduction to The Patient Physician

00:40 Introducing Ryan McCullough

00:58 Ryan's Journey into Real Estate

03:05 The Medical Investment Group at Partners Real Estate

05:27 Market Trends and Opportunities

07:20 Surgery Centers: A Hot Investment

10:25 Challenges and Strategies in Medical Real Estate

14:00 The Importance of Early Involvement

16:37 Navigating Lease Terms and Sales

20:04 Concessions and Lease Terms

20:42 The Importance of Cap Rates in Real Estate

22:05 Triple Net Leases Explained

23:27 Case Study: Successful Real Estate Investment

26:53 The 1031 Exchange Strategy

30:47 Risks and Considerations in Medical Real Estate

33:13 The Dental Real Estate Market

34:49 Current Trends in Medical Construction

37:29 Final Thoughts and Advice for Physicians

Please email questions or show ideas to info@physiciansrs.com.

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