Tobin W C, Kryzaniak L A
Tobin Real Estate Company/CRESA Minneapolis-St. Paul, MN, USA.
Healthc Financ Manage. 1998 Jul;52(7):58-60.
One strategy employed by healthcare organizations to increase their market presence is the construction of new facilities. Accessing capital to fund such construction, however, has become more of a challenge. One relatively untapped source of building capital is real-estate-based financing. Nonrecourse mortgages, turnkey net leases, and synthetic leases can provide several advantages to healthcare organizations seeking capital, assuming issues related to building ownership, debt and balance sheet effects, and tax-exempt status have been thoroughly explored first.
