Asset Management

 

Understanding the business relationship between physicians and healthcare providers has been a key to PCI’s success. Consistent with our overall commitment, PCI's goal is to provide the highest level of customer service in the areas of Facility, Asset and Investment Management to the healthcare community in general and our investors in particular. Because PCI manages all aspects of Asset/Investment Management for each project, we are keenly aware of the importance of maintaining strong physician/healthcare provider-tenant relationships.

Our objective goes well beyond simply creating a strong initial relationship. Our long term goal focuses on maximizing the property's value while maintaining its competitive edge. Our hands-on management approach allows our investors to achieve the highest results in receiving the full benefits of owning an investment property as well as best satisfy tenant needs. Keeping both our investors and tenants happy is the key to maximize return on one’s investment.

PCI consistently demonstrates willingness and ability to structure each transaction to meet the specific needs of our clients and customers. We work via collaboration and consultation to arrive at the ultimate structure that works for the healthcare provider, the physicians, as well as PCI. Our flexibility can be seen in all aspects of the project, from the negotiation of documents to the structuring of each transaction.

PCI provides two levels of Management for all of its projects:

Asset/Investment Management:
  • Asset Management- Administer the leasing function, prepare all lease documentation, invoice and collect rent, follow up on aged receivables, maintain rent roll, prepare annual revenue budget and prepare annual fair market rent studies
  • Investment Management- Handle all investor level reporting and associated distributions

Facility Management- In addition to Asset/Investment Management (provided for all projects), PCI can manage aspects associated with a tenant’s NNN lease for those wishing for a more turnkey solution. The contracted and fee-based service is provided by PCI to the tenant and is customizable to cover and manage some or all aspects associated with a NNN lease (i.e., execute service contracts, maintenance and repair the building, etc.) allowing tenants to focus on those tasks that return the most to their patients and organization.
 
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Note: A triple net lease (Net-Net-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three 'Nets') on the property in addition to any normal fees that are expected under the agreement (rent, etc.). In such a lease, the tenant or lessee is responsible for all costs associated with the repair and maintenance of any common area.