Benefits of Ownership

• Lower cost than leasing
  
  
• Meet exact floorspace needs
  
  
• Design flexibility
  
  
• Complete customization
  
  
• Locked in costs
  
  
• Potential tax advantages
  
  
• Long-term equity
  
  
• Real property appreciation

Reasons To Buy And Build

Increasingly, accountants, mortgage brokers, doctors, and other medical and service-based professionals are making the move to purchasing office condos. Our custom designed spaces offer our clients a multitude of benefits.

Your space can be customized to suit your specific needs. Obviously the design requirements for a pediatrician’s office will differ greatly from an attorney’s. That flexibility ensures a design that maximizes functionality and supports the culture of the business.

You can buy or build exactly the amount of space that you need, rather than try to shoehorn your offices into only what is currently available in your market.

With low interest rates, monthly mortgage payments are, in many cases, lower than lease costs. Depending on the type of financing you select, those mortgage payments can be locked for the life of the loan. This frees up capital, and you gain equity which can be used to finance other aspects of your business.

Office condominiums may offer you tax advantages depending on your corporate structure. There are instances, for example, where you can have a company that you own buy the unit and then lease it back to itself. You should consult with your tax professional to determine what will work best for your business and its operations.