Q3’s 2019 Market Update
Brandon Hobson, CPA | Director of Investments
Volatility is picking up in Q3, and some of you may be anxiously waiting for it to subside. If you closely watch the markets or have tuned in to recent media coverage, you can’t escape it. The U.S. announced that they are increasing tariffs on China and a trade deal doesn’t look like it’s coming any time soon. The IMF cut global GDP forecast for 2019 (1). Possibly most concerning was the temporary inversion of the U.S. treasury yield...Read More
COMMERCIAL REAL ESTATE | TIPS & TRENDS
LEASE NEGOTIATIONS: TWO SUBTLE THINGS THAT CAN COST (OR SAVE) YOU MONEY
There are a number of business terms that landlords and tenants negotiate in a lease or renewal that on the surface seem very straightforward. Two examples of subtleties tenants should pay attention to during negotiations are concessions (e.g. free rent) and renewal options.
Rent Abatement: Even though it is currently a “landlord’s market”, property owners are generally still paying concessions such as free...Read More
A lender’s prospective: Putting yourself in the best position to acquire a practice:
If you’ve been looking to acquire a practice, you’ve likely realized that we are still very much in a “sellers market”. This means that practice values are high & the competition with other buyers is stiff. The more proactive you are as a buyer will help ensure that you are in a position to capture the right opportunity when it comes along. As a lender that works strictly within the private practice lending space, I’ve been fortunate to be a part of hundreds of...Read More
The Lure of the Multi-Practice Model
As most of you know, the dental industry is experiencing significant changes. Among them are:
Decreased reimbursement levels from the providers, particularly the elimination of Delta Premier reimbursement rates to all new owners of GP and certain specialty dental practices,
The rise of the Large Group Practice, such as PDS, Western Dental, Aspen, and others,
The rise of small group practices consisting of 2-10 offices (these constitute 80% of the DSO/MSO space),
Excessively high practice...Read More
Market Review
Global Market Performance
The attached Market Review provides insight into the performance of Global Markets around the world and highlights the importance of a globally diversified portfolio. Returns over the short-term can be hard to predict for any one country, but consistent exposure to global markets will offer greater investment opportunities and potentially higher returns.
Market Review
Recent Market Volatility
During periods of market volatility, it is important to remember that...Read More