SAN DIEGO—Repositioningsmaller, aging medical-office buildings for condo-ization andincluding that option as part of the marketing package can helpfill the gap created by renovation costs and interim lost rentalincome that often come with the process,HemphillSolutions senior advisor RalphHemphill tells GlobeSt.com.
Hemphill has more than 25 years of real estate experience thatincludes ground-up development, adaptivereuse/repositioning, portfolio management and advisingbusinesses and hedge funds on all things real estate. Afterreading about ways to reposition larger agingMOBs, Hemphill spoke with us about an alternativesolution for smaller buildings.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
