Why spend years paying rent when you could own the office instead?
A new medical office project on Wilshire Boulevard is allowing doctors to purchase their office suites rather than lease them — a model that’s already common in Europe.
According to Oron Maher, professionals who expect to stay in one location long-term should look at real estate differently. Owning the space can build equity while providing greater control over occupancy costs.
Instead of paying rent to a landlord for years, professionals may be able to build ownership in the property they’re already operating from.
Could office ownership become the future for doctors and other professional businesses?
Share your thoughts in the comments.
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