At Bradley, we understand the unique complexities and intricacies involved in the development, acquisition, disposition, leasing, corporate structuring, and financing of medical office buildings (MOBs). Our adept team of healthcare real estate attorneys is committed to providing comprehensive and tailored services that meet the specific needs of providers, investors, financiers and developers in the dynamic and growing market of medical office real estate assets.
MOBs occupy a distinct niche within the healthcare real estate space. These assets not only serve as premier investment assets but also as vital continuum-of-care delivery hubs, requiring a strategic approach to meet regulatory standards, zoning laws, and healthcare-specific compliance requirements. Our seasoned team is well-versed in navigating these complexities, ensuring your projects and transactions are executed efficiently and effectively. We are experienced with both on-campus and off-campus facilities, and represent for-profit health systems, private funds, and real estate investment trusts in their medical office portfolios.  Tenant representation includes physician practices, surgery centers and urgent care providers.

Development and Construction: We provide end-to-end legal advisory throughout the development process. From site acquisition and zoning to construction contracts and regulatory compliance, our team ensures that projects meet all local, state and federal requirements and are delivered in a timely and smooth manner. 

Acquisitions and Dispositions: Whether clients are looking to purchase or sell an MOB, our legal professionals deliver meticulous due diligence, risk assessment, negotiation and closing services to secure the best possible outcome.

Leasing: We craft and negotiate lease agreements tailored to the specific needs of healthcare landlords and tenants, ensuring compliance with healthcare laws, including Stark Law and the Anti-Kickback Statute, and facilitating smooth landlord-tenant operations.

Fund Formation: We help clients navigate the complexities of creating fund vehicles dedicated to MOBs. Our services include crafting optimal fund structures for various healthcare real estate ventures. We ensure adherence to healthcare and securities regulations, prepare essential fund documents such as private placement memoranda, subscription agreements, and operating or limited partnership agreements, and assist with ongoing governance.

Joint Ventures: Our team excels in forming and structuring strategic joint ventures that drive success in MOB projects. Our experience covers advising on partner selection and equity investments, as well as creating and negotiating agreements that outline contributions, governance, and simple to complex waterfall structures. We also assist clients in managing compliance with healthcare regulations such as Stark Law and the Anti-Kickback Statute. We can provide guidance from initial negotiation of terms of the joint venture through disposition of the underlying assets, final distributions, and winding-up of the joint venture.

Financing: Bradley assists in structuring, negotiating and securing financing for MOBs, collaborating with borrowers and lenders alike to align financial solutions with the unique requirements of clients’ medical real estate ventures.

Industry Insight
Our team keeps abreast of the latest trends and regulations affecting MOBs, ensuring our clients receive informed and strategic counsel, and works closely with our robust healthcare and long-term care teams for a continuum of healthcare services and legal expertise.

Detailed Attention
Our work is characterized by exacting attention to detail, recognizing that in healthcare real estate, every detail counts to maintain regulatory compliance and operational efficiency.

Client-Centric Approach
We pride ourselves on understanding the specific needs and goals of our clients, forging long-term relationships built on trust and results-oriented service.