Medical Office Feasibility Study in the Reno, NV Metro Area

The median is the distinctive figure

In Reno, medical office (physicians) loans rank at 5 of 39 on Reno's own class list, and Reno is 51 of 488 nationally for them. One figure in Reno's medical office (physicians) cell is flagged as distinctive, the median loan: $983,500 is 2.88x the national figure for physician offices. The 26 approved loans, worth $28.3 million, all sit in Washoe County and were made between FY2017 and FY2026.

With a quotient of 1.72x, Reno gives medical office (physicians) loans a bigger slice of SBA lending than the country. Half of all loans fall from $593,250 to $1.5 million, a band that sits well above the national figure for the class. Of the 26 loans, 10 are 7(a) and 16 are 504, so the 504 route carries most of them. At 0.00%, the franchise share is nil. Everything above describes SBA loans in Reno; other funding for medical office (physicians) projects in Reno sits outside these figures.

Annual rows and floors

The page prints two years: FY2023 at 8 loans and $9.7 million and FY2026 with no loans and $0. The zeros for Reno are real counts of complete fiscal years. No lender is recorded for Reno's medical office (physicians) cell. Loan Analytics withholds Reno's two loss-side rates as the Reno FY2017-to-FY2021 cohort holds beneath 30 loans, and in Reno our own method bites. A withheld rate in Reno is never a zero.

A median near a million dollars, with most loans in the 504 program, describes large requests; this Reno page does not record if real estate was bought. For a lender, the contrast with the national median means a national benchmark will understate the scale of requests in Reno. From a borrower's side, the elevated band is a reason to prepare a detailed cost build-up, since reviewers will compare a request with a distribution at 2.88x the national median.

Reno: questions a study must answer

A Reno area physician office ought to test patient volume relative to exam rooms and suites, the cost of land, building and fit-out relative to a loan near the elevated $983,500 median, and the time a new practice needs to fill its schedule. Show payment cover with a slow ramp-up. Because the median is distinctive, say why the project warrants a proposal this sizable, and have the building valued apart from the practice. Federal county lines define Reno, and loans from counties Reno does not place stay absent from the totals.