CrownPoint Partners Achieves Over $34 Million in Dental Sale-Leaseback in Michigan and Ohio

In a remarkable move within the dental real estate sector, CrownPoint Partners has successfully executed over 27 dental sale-leaseback transactions across Michigan and Ohio, amassing a transaction volume exceeding $34 million during the year. This achievement showcases the firm’s capability to attract considerable buyer interest, secure near asking price and close deals swiftly for their esteemed clients.

Recently concluded transactions include key properties in Ann Arbor, Norton Shores, and Sterling Heights, with each closing reflecting the effectiveness of CrownPoint’s strategies. For instance, the Norton Shores property, handled for a repeat client, closed at 97% of the asking price. The deal was finalized within a swift 58-day period, affirming the firm’s commitment to efficient service. The facility is bound by a 15-year absolute net lease with 2.5% annual rent increases, ensuring reliable income without landlord obligations.

In another case, the Ann Arbor sale resulted in the property selling for 99% of the asking price at a cap rate of 6.50%. CrownPoint was able to generate multiple offers and brought the transaction from contract to close in a remarkable 42 days. Similarly, the transaction in Sterling Heights saw the property sell at its full asking price, closing post a rapid 13-day contract period, again underlining the brokerage's capabilities in facilitating timely deals.

According to Julius Swolsky, managing partner and co-founder of CrownPoint Partners, “These transactions underline our strong relationships with both buyers and sellers, maintaining our active presence throughout Michigan and Ohio.” He continued, “Our aim is to foster competitive bidding environments while maximizing value for clients, showcasing how strategically crafted sale-leasebacks can unlock tied capital in real estate and allow operators to keep long-term control over their facilities.”

CrownPoint’s proficiency in structuring dental sale-leasebacks provides a dual advantage for dental operators and dental service organizations (DSOs). It not only helps in releasing capital invested in properties but also allows these organizations to retain operational control. The financial resources retrieved from these transactions can be reinvested in practice acquisitions, facility upgrades, staffing, and continual business expansion.

This series of transactions is part of CrownPoint Partners’ extended portfolio in the medical real estate market across the nation, reinforcing its position as an expert in the dental and healthcare real estate sectors. The firm consistently provides advisory services for property owners, developers, and investors involved in commercial real estate investment sales nationwide.

CrownPoint Partners, with its operational base in West Palm Beach, Florida, and Newport Beach, California, is led by recognized commercial real estate authorities, including Julius Swolsky and his team. Their collective experience in investment sales and transactional processes enhances CrownPoint’s efficacy in achieving exceptional results for its clientele. The firm caters to a diverse client base encompassing real estate investment trusts (REITs), private equity stakeholders, developers, and private investors.

Through its unique Net Lease Investments and Sale-Leaseback platforms, CrownPoint delivers customized solutions aimed at optimizing value, facilitating acquisitions, and finding innovative solutions to release tied-up capital. Committed to sustainable practices, transparency, and responsible investment strategies, CrownPoint forges long-lasting partnerships with clients, aiding them in achieving their financial aspirations.

For more information about their services and transactions, visit CrownPoint Partners.