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No-Cost 
Ownership

Landmark created a unique no-cost ownership program for healthcare providers that would like to participate in the ownership of their new outpatient buildings but are not prepared to assume the financial obligations and risks that are associated with 100 percent ownership.

No-Cost 
Ownership

No-Cost Ownership

How No-Cost Ownership Works

Healthcare providers that decide to develop their new outpatient buildings under Landmark’s unique no-cost ownership program receive significant no-cost ownership interests in their new outpatient buildings from Landmark. Landmark owns the portion of the buildings that are not included in the no-cost ownership interests of no-cost ownership clients.

Financial Benefits for Landmark’s No-Cost Ownership Clients

Cash Flow from Operations

Program participants receive a significant percentage of the cash flow from the operation of their new outpatient buildings

Refinancing Proceeds

Program participants receive a significant percentage of the net proceeds that are realized from future refinancing.

Future Sale Proceeds

Program participants receive a significant percentage of the net proceeds that are realized from and eventual sale.

No-Cost Ownership Without Risk or Investment

No Front-End Risk Capital

Healthcare providers are not required to provide front-end risk capital. Landmark provides all the front-end risk capital that is required.

No Equity Investment

Healthcare providers are not required to make an equity investment. Landmark provides 100 percent of the equity that is required.

No Debt Financing Guarantees

Healthcare providers are not required to incur or guarantee debt financing. Landmark obtains and guarantees the construction and permanent loans and Landmark provides all the debt financing guarantees that are required.

No Cash Calls

Healthcare providers are not required to participate in the cash calls that might result from construction cost overruns or operating losses that might result from unleased space. Landmark is 100 percent responsible for all the construction cost overruns or operating losses.

$123.9 Million Distribution to 13 No-Cost Ownership Clients

Landmark and nine healthcare providers that chose Landmark to develop 13 outpatient buildings under Landmark’s no-cost ownership program sold the 13 buildings December, 2021.

Landmark distributed $123.9 million to the nine healthcare providers that participated in the sale of the 13 outpatient buildings, an average distribution of $9.5 million per building.

Of the $123.9 million distribution, $88.9 million were net proceeds from the sale of the 13 outpatient buildings and $35 million were net proceeds from cash flow and refinancing distributions prior to the sale.

Have Questions?

For additional information about the no-cost ownership program of Landmark,
please contact us online or call us at 414-277-0500.

Contact Landmark