Warwick Healthcare Group is a boutique real estate brokerage that focuses in healthcare properties. We understand your objectives, and with our specialized investment insights we design strategies to help you achieve these goals.
Starting or selling your healthcare property or business can be a uniquely complex process. At Warwick Healthcare Group, we can make this process seamless. Leveraging technology where possible, we have created tools to help our clients make informed real estate decisions supported by demographic data and analysis.
Our experience has taught us, healthcare professionals look at real estate differently than other property classes. We also understand how health care properties operate and their life cycles. We know the importance of having the right real estate strategy – whether be it leasing or acquisition or disposition – to allow healthcare professionals to be successful in their space. To this extent, we have worked and transacted with major commercial Landlords, Developers and individual real estate owners a like to help our clients find the most ideal property for their practice.
Acquisition – Medical Building
Eastern Ontario, Secondary Market
Fully leased medical office, purchased at a 7.7 cap rate
12,000 sq. ft.
The subject property is a well-maintained medical building with over 12,000 sq. ft. of office and retail space and features plenty of on site parking. The property is in a prime location with long term professional tenants and is approximately 20 minutes from the US border.
The client mandate was to purchase a stabilized office building in the province of Ontario to help diversify their real estate portfolio. Working closely with the client, the subject property was identified and targeted for acquisition.
In only 16 weeks, we were able to initiate and complete the mandate with the client securing a fully tenanted, income producing medical building at a 7.7 cap rate.
Acquisition – Medical Office / Retail
Downtown Toronto, Ontario
Prime downtown Toronto ground floor retail purchased to be converted to dental office
1,077 sq. ft.
The subject property is located at 25 Nelson St, Toronto on the ground floor of The Boutique Condo Phase I. The Boutique Condos development was completed in 2011 with over 600 units across two phases. Located in Toronto’s Entertainment and Financial District, the condominium features boutique hotel-style amenities and modern architectural design.
The client is an experienced dentist and the mandate was to purchase ground floor retail to convert to a dental office. The client required an area with high foot traffic, a captive patient base and key demographics which could all be found at the subject property. Working closely with the client, 25 Nelson St was identified and targeted for acquisition (as it had originally been marketed for lease only).
Over 90% of the client’s patient base originates from the residents of The Boutique Condos and validates the client’s original business plan. By owning the real estate from which the dental practice operates, the client no longer has to worry about any rental increases or sale and demolition clauses, and furthermore has created an additional income stream as a potential landlord in the future.
Raymond Chan is the principal of Warwick Healthcare Group and is a recognized leader in the health care real estate services space. His understanding of how healthcare professionals are funded, how they operate and how they interact with each other provides investors and developers with unique insights to make informed decisions. Ray’s distinguished networks help his clients acquire and fund, source equity and debt, provide appraisals and initiate joint venture developments.