The Risk Hiding in Your Lease Expirations
- Shane Lovelady
- Aug 7
- 1 min read
It’s not always the tenants leaving that’ll hurt you—it’s the ones who stay… on the wrong terms.
We’re seeing more landlords in medical real estate get caught flat-footed on lease expirations. A tenant with strong financials and a clean payment history might seem like a win—until they ask for a renewal and expect below-market rent. Or worse, they leave quietly, and you’re stuck backfilling 5,000 square feet with no pipeline and no plan.
In behavioral health and senior living especially, timing is everything. Most operators can’t move quickly, and once they do, the lease they want will be long, negotiated hard, and often below what new investors would assume.
If you’re not regularly updating your lease roll with real market intelligence—current rates, tenant trends, and local absorption—you’re flying blind.
📞 Want a second opinion before renewal talks start?
📰 Prefer to stay in the loop monthly?
Comments