Medical Office Investing with Brian Perry
Our guest for today is Brian Perry from HPRG Realty. Brian is a combat veteran and worked in the finance sector in NYC before entrenching himself in commercial real estate focused on healthcare. His mission now is to help guide healthcare leaders to make smart real estate decisions with the future of their practices in mind.
For this episode, we talk about how Medical Office Investing works
[00:01 – 03:03] Opening Segment
- I talk briefly about great values that await you in this episode
- I welcome our guest, Brian Perry
- Brian talks to us about his background
[03:04 – 11:37] Medical Office Buildings Business Space
- Brian talks about how Medical office buildings work in terms of commercial real estate
- Medical offices compared to other asset classes
- Doctors’ perspective in terms of investing in real estate
- Good and Bad Medical mixed practices in a single building
- The Challenges of moving deals forward
[11:38 – 21:46] Medical Niche
- Brian’s thoughts on Tenant Improvements
- Why Brian likes the Medical niche
- Repurposing of unutilized retail spaces for medical offices
- Priority on Location
- The right ratio on a parking space
[21:47 – 27:30] Closing Segment
- Quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Investing on my health
- What is the worst investment you ever made?
- Investing in a Co-op
- What is the most important lesson that you've learned in business and investing?
- Pick your path and stay focused
- Connect with Brian. See the links below.
Tweetable Quotes:
“Pick your path, and stay laser-focused.” - Brian Perry
"You don’t want a building with a bad medical mix. If you don’t have a good medical mix, it makes the building less desirable.” - Brian Perry
“Negotiation is really about your relationships.” - Brian Perry
“You want tenants to move fast. The more you think, the slower you get.” - Brian Perry
Resources Mentioned:
To learn more, connect with Brian on LinkedIn and Instagram or visit https://www.hprgrealty.com/our-people/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.