Medical Office Feasibility Study in the Orlando-Kissimmee-Sanford, FL Metro Area

Medical offices punch above their weight in Orlando

Medical offices are 4 of 39 classes in the Orlando area, and the location quotient of 1.88x shows the class carries far more weight here than in the country at large. SBA recorded 129 loans in FY2017 to FY2026, $90.9 million gross, 14 of 488 nationally. Orange County has 63 loans, Seminole 29, Lake 20 and Osceola 17.

The median is $452,000, 1.32x the national median, with quartiles at $200,000 and $841,000. The program mix is 89 loans on 7(a) and 40 on 504. No franchise share is printed; Loan Analytics withholds it for this cell.

Holders

The 504 side belongs to Florida Business Development Corporation: 21 loans and $19.4 million, the clearest concentration in the table. Banks, each with 6 loans: Live Oak Banking Company ($11.3 million); Bank of America, National Association ($4.7 million); Regions Bank ($2.2 million); Celtic Bank Corporation ($1.5 million); BayFirst National Bank ($1.1 million). The equal counts mean the bank side is evenly spread. Everything here comes from SBA files on holdings and does not describe present standards.

Outcomes

Orlando medical office approvals were cancelled at a floor of 18.0%; the ceiling is withheld. The charge-off rate is also withheld, and withheld does not mean zero. A lender facing such a floor will probably want licensure, payer contracts and the lease or purchase settled before funding.

Orange County has 63 loans, Seminole County 29, Lake County 20 and Osceola County 17, so Orange County alone holds close to half of the loans. A suite near a hospital campus and a suite in a strip centre face different referral flows, and the study should state which applies. With 40 loans in the 504 column the record shows a sizeable group of borrowers on the real-estate program, so the study should cover the property's value and not only the practice's income.

Orlando medical office work should test patient load by specialty, who refers to the practice, payer mix, leasing versus owning the suite, build-out cost, and coverage at a loan near $452,000. Orlando's 129 medical office loans sit in Orange, Seminole, Lake and Osceola, counties the July 2023 delineation names; a practice in a county absent from that list would not be counted, so 129 is a floor.