Solutions for healthcare facilities: lower valuations, fair assessments, ample experience
Healthcare and Medical
Center Valuation
Valuing Medical Properties: Unique Challenges
Specialized Equipment and Infrastructure
Hospital and medical properties are equipped with specialized medical equipment and infrastructure, such as operating rooms, imaging facilities, and patient care areas. Accurately valuing these assets requires a deep understanding of their market value, depreciation rates, and specific industry considerations.
Unique Property Features
Hospital and medical properties often have unique features, such as specialized HVAC systems, compliance with healthcare regulations, and emergency power supply systems. Evaluating the value of these features requires expertise in assessing their contribution to the overall property value.
Revenue-Generating Components
Medical facilities generate revenue through various sources, including leases to medical practitioners and healthcare services provided to patients. Properly assessing the income-generating potential and market value of these components is crucial for an accurate property valuation.
Achieving Lower Valuations: Our Approach
Asset Depreciation Assessment
We carefully evaluate the depreciation of specialized medical equipment and infrastructure to accurately determine their current value. This helps ensure that our clients’ property valuations reflect the true condition and market worth of these assets.
Income Approach
Utilizing the income approach, we evaluate the revenue-generating potential of the property. This method considers factors such as rental income, healthcare services provided, and prevailing market rates to assess the property’s value based on its income-producing capacity.
A full life-cycle partner from acquisition to disposition
Pre-Acquisition Reports
Our team prepares tax projections for you as you are in the due diligence and underwriting period. Quick numbers, or a full report for an equity partner.
Real Estate Tax Appeals & Litigation
Our team is aggressive through the board level to achieve favorable results. We pursue and partner with you through litigation when needed.
Budget Estimates and Future Tax Projections
Our experts guide you in future tax projections, utilizing local knowledge of historical trends to help you budget going forward.
Tax Bill Audit & Check Writing Services
Full outsourcing of the check writing process is available through KEA. We paid more than $2 Billion in property taxes alone last year on behalf of clients.
Best in class software architecture for real estate appeal management
Our large, in-house software development team has built a first-class web-based application that is proprietary to KEA. This allows for portfolio tracking, immediate document downloads (notices, bills), accruals, and status tracking.
