Issue link: https://viewer.e-digitaledition.com/i/685809
Route 9W, West Haverstraw, NY 10993 • 845-786-4000 • www.helenhayeshospital.org Owned & operated by the New York State Department of Health – Member NewYork-Presbyterian Healthcare System CARF Accredited 24-bed SCI Unit • Board certified psychiatrist with specialty in SCI Medicine • Ventilator weaning and management • Intensive Physical and Occupational Therapy • Speech Language Therapy • : swallowing therapy, Passy-Muir Speaking Valve for patients with tracheostomy tubes State-of-the-art therapeutic equipment: ReWalk, V • ibration Therapy, Bioness, Armeo ® , Body Weight Supported Gait Training, FES Center for Rehabilitation/Assistive Technology • Psychiatry & psychology services • Outpatient therapies, driver evaluation and training • Vocational rehabilitation services • Adaptive sports • SCI Support Group and Peer Mentoring • A National Leader in Spinal Cord Injury Rehabilitation For more information: 845-786-4535 Treating the complex effects of spinal cord injury A S WITH ALL RE AL ESTATE PURCHA SES, INVESTING IN A MEDICAL OFFICE BUILDING ENTAILS SIGNIFICANT RISK. THE RISK IS manageable, however, if you do some research beforehand and take precautions, says Webber Beall, Senior Ošcer at Dallas-based Lincoln Property Co. Writing for D Healthcare Daily, a North Texas business website, Beall oers guidance for physician investors. It is wise to invest as a limited partner, he notes. That caps your financial risk at the amount of the original investment — which is important, considering the possibility of operating shortfalls and other unexpected circumstances. It is also important to look closely at investment analyses of the property. Are there data to back up hoped-for rental rates, operational costs and the like? Make sure you're getting a realistic picture of what you can expect. Beall further urges physicians to vet the developers of the medica l off ice building i n que s t ion . R eput a ble i nd iv idu a l s a nd organizations should not object to having their track record thoroughly researched and their references checked. Finally, enlist a professional to watch out for your interests as well, Beall says. Work with either a real estate investment adviser or a hea lthcare- focused rea l estate attorney. ■ FACTORS TO CONSIDER in Medical Office Building Investments BY STEVE BARRETT F I N A N C E ❰❰❰❰❰ 1 1