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The financial situation for hospitals and health care organizations remains challenging. The accrediting agencies, Moody’s, Fitch, and S&P all have negative outlooks for the hospital industry. Hospitals are facing numerous...more
To provide their clients with more accessibility and convenience, dentists, optometrists, veterinarians and other professionals are gravitating to space in retail settings. Retail landlords typically have only one lease form...more
There have been several noteworthy property tax rulings that have been issued in March and April involving medical instruments, the valuation of commercial property, Tennessee’s charitable exemption, and the payment of...more
As reported by Crain’s Chicago Business last week, the Illinois Department of Revenue denied charitable property tax exemptions to Prentice Women’s Hospital at Northwestern Memorial Hospital in Chicago, Edward Hospital in...more
According to a recent report in Crain’s Chicago Business, the Illinois Department of Revenue has not issued a single decision concerning hospital property tax exemption applications since the Illinois Supreme Court issued its...more
Medical Office Leasing involves many issues not found in traditional office leasing, or which involve different considerations, including those relating to premises construction, day-to-day operations, changing the nature of...more
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