Please Wait ...

Beaumont Medical Center – Strong In-Place Cashflow with Tremendous Upside

NAI Farbman & RealINSIGHT Marketplace are pleased to provide the opportunity to acquire the Lake Orion Beaumont Medical Center. This +/- 77,293 Sq. Ft. (NRA) well-located medical office building dominates its local market.  The asset will provide the purchaser with strong going-in cash flow in addition to the ability to add significant value to the center.

Investment Highlights:

♦ The Beaumont Medical Center is the Dominant Medical Office Building in Its Market – No other Buildings Match Its Scale & Caliber

♦ Very Strong In-Place Cash Flow to Build Upon – Center is currently Performing Below Market in Terms of Occupancy

♦ Desirable Demographics in the Surrounding Area – Median Income & Home Price Levels Suggest Above Average Levels of Disposable Income & Good Housing Stock

♦ The Beaumont Medical Center is Available Well Below Replacement Cost given the Costs Associated with New Construction, Especially in the Medical Office Space

♦ Great Mix of Medical Practices at the Center Provides a Diversified Existing Tenant Base – Existing Practices Include, but are not limited to, Orthopedics, Radiology, Gynecology, and Physical Therapy

♦ Great Value-Add Opportunity through Vacancy Lease-Up and Opportunity to Bring all Existing Rents to Market

Login required to access due diligence materials.

All investors who are interested in engaging Holliday Fenoglio Fowler, L.P. (“HFF”) and CW Capital Markets (“CW”) (collectively “HFF/CW”), a financial intermediary, to assist in arranging financing for the property should contact Nick Matt at HFF, L.P. via email (nmatt@hfflp.com) or by phone at (412) 281-8714

 

 

Throughout the marketing period HFF will provide investors with real time debt quotes from various capital sources.  It is to the investor’s benefit to contact Nick Matt early in the process in order to discuss all available terms, along with the advantages of engaging HFF/CW on the financing versus completing an all-cash acquisition. 

 

Benefits of Engaging HFF/CW In Arranging Financing Include:

 

  • Transparency: Continued transparency in the debt capital markets for the subject opportunity based on real time conversations HFF is having with lenders
  • Extended Closing: HFF financed purchasers will benefit from a 30 day Closing Period along with two 15-day seller options to extend to enable financing to occur.
  • Access to Property: Lender will have access to the property, post contract, to complete their diligence prior to closing
  • Financing In Place: Allows the investor to close with financing in place

 

Note: Benefits referenced above will only be made available to investors who engage HFF/CW prior to the auction start date.  It is recommended that investors contact HFF early in the process.

 

 

HFF’s Debt Placement Services

As a leading mortgage banker in the U.S., HFF’s extraordinary transaction volume provides the unparalleled capital markets knowledge necessary to develop the most creative financing strategies to meet and exceed client expectations.  Our established relationships with insurance companies, investment banks, foreign and domestic banks, a Fannie Mae lender, Freddie Mac and pension funds have allowed us to provide our clients with the most competitive terms and most reliable executions in the debt and equity market.

Loan Types HFF Assists With Include:

  • Fixed-rate loans
  • Construction loans
  • Forward loans
  • Tax-exempt loans
  • Floating-rate loans
  • Construction/permanent loans
  • Bridge/acquisition loans
  • Credit-tenant lease transactions

HFF’s 2017 Commercial / Multifamily Annual Origination Rankings per the MBA:

  • #1 Total Loan Originations
  • #1 Intermediary
  • #1 Insurance Company Originator
  • #1 Credit Company Originator
  • #1 Originator for Third Parties
  • #1 Total Direct Originations
  • #1 Seconds/Mezzanine/Preferred Equity Structures

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Beaumont Medical Center

1455 South Lapeer Road, Lake Orion, MI 48360

Expired

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Office Type
  • Medical Office
  • Property Size
  • 77,293 Sq Ft
  • Land Area
  • 5.90 Acres
  • Year Built
  • 2005
  • Number of Floors
  • 3
  • Number of Buildings
  • 1
  • Parking Count
  • 185
  • Occupancy
  • 70.05%
  • Occupancy as of
  • Apr 01, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Jerry Helmer

      c/o Fisher Auction Company Inc.

      License: #6504064915