You Can’t Underwrite Vibes
- Shane Lovelady

- Jul 24
- 1 min read
A lot of medical real estate deals are moving on momentum right now. Operators “feel good” about a market. Investors like the area. Brokers say it’s hot.
But when the spreadsheets hit the table, the story changes.
We’re seeing assets priced off of comps that are two years old. Rent escalations that don’t line up with regional reimbursement. Lease terms that assume zero downtime in a shaky submarket.
That’s where market intelligence cuts through the noise. It brings you back to what’s actually performing—not what everyone wants to believe.
A clean PDF and a handshake don’t hold up in front of lenders, equity partners, or your own balance sheet. The data has to work.
📅 Want someone to test the assumptions before you pull the trigger?



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