Property ownership comes with headaches. Whether you are dealing with banks to refinance, negotiating new lease terms, or addressing the upkeep and/or renovation of practice real estate, owning veterinary real estate is a significant responsibility. Terravet has the capabilities to alleviate these headaches for veterinary real estate owners by buying all or part of a property and assuming these responsibilities. Terravet can alleviate these headaches by:
- Renegotiating and re-setting lease terms to mirror the market
- Providing expansion and renovation capital that existing owners are not interested in investing in the property
- Enabling a selling veterinarian to own a part of the building while giving him/her liquidity and taking the responsibilities of ownership off the veterinarian’s hands
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