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Over the past decade, healthcare real estate has come to be viewed as a new asset category, in addition to the traditional office, industrial, retail and multifamily categories. While there are many reasons for this, one contributing factor is the number of issues unique to healthcare real estate. Among the many types of healthcare real estate transactions, this article focuses on “off-campus” leasing transactions, including why and how leases involving healthcare providers differ from other leasing transactions and what this means for those involved in these transactions.
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