Providers
Physicians take care of everyone. Montecito takes care of physicians.
When they sell their office buildings to Montecito and lease them back from us, physician groups gain a world of advantages:
- They free up critical capital to invest in new technologies, pay off debt and expand their practices.
- They gain opportunities to benefit from additional revenue streams by re-investing with us in their property. And they can continue to manage the property if they choose.
- Our flexibility and expertise in structuring sale-leaseback deals allows groups to align the interests of physicians, who gain more flexibility to distribute shares of ownership as older physicians exit the practice and new ones come aboard.
- And they gain a long-term partner that can help them maximize their wealth in medical real estate and build an even stronger financial future.
- We complete dozens of transactions every year, but our relationships with physician groups are never just transactional. Instead, we invite sellers to become partners in our mutual success.
What to expect when you sell
No two transactions are alike.
But here's how the process typically flows:
Prospective deals go to Montecito's underwriting team for analysis.
We send you a letter of intent (LOI) with a formal offer and purchase price.
If you agree to the proposed terms, return the signed LOI to us.
We submit a Purchase-Sale Agreement (PSA), which we will discuss and mutually agree to.
We perform due diligence on the property.
The transaction closes.