Issue link: https://viewer.e-digitaledition.com/i/712302
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 O‡cer at Dallas-based Lincoln Property Co. Writing for D Healthcare Daily, a North Texas business website, Beall o…ers 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 New Paint Kills Bacteria SPECIAL SECTION: MEDICAL REAL ESTATE THE CDC ESTIMATES that one in 25 patients in a U.S. hospita l on a ny g iven day ha s a hea lt hca re-a ssociated infection (H A I), a nd most H A Is ta ke place outside the ICU. Sher win-Willia ms has introduced Pa int Shield, a pa int that kills more tha n 99.9 percent of bacteria such as MRSA , E. coli, Staph a nd Enterobacter aerogenes a f ter two hours of exposure on surfaces coated with the product. P a i nt S h i e l d c a n b e a v a lu a b l e t o ol i n h e a lt h c a r e orga nizations' ef for ts to limit the spread of bacteria that frequently cause H A Is, Sher win-Willia ms says in a news release about the EPA-reg istered microbicida l pa int. So long as surface integ rit y is ma inta ined, Pa int Shield ca n rema in effective for as long as four yea rs, according to the compa ny, a nd its bacteria-ki l ling proper ties rema in a f ter repeated conta mination. ■ 1 8 SPECIAL SECTION: MEDICAL REAL ESTATE