Sale/Lease-back

The first solution is a Sale/Lease-back which allows the system to sell existing properties and lease it back, increasing their cash liquidity while providing them control over the property. A unique benefit ERDMAN offers is that the property ownership reverts back to the health system at the conclusion of the lease. This program allows the hospital to invest the sales proceeds into new programs and services it otherwise may not be able to offer.

Build-to-Suit/Lease-back

A second solution is the Build-to-Suit/Lease-back option which allows a system to partner with ERDMAN Development to custom design and construct a new facility specific to their needs allowing them to serve the community more efficiently and achieve their strategic goals without requiring a cash investment. This solution allows the system to have long-term control over the property and offers the unique benefit where the ownership reverts back to the system at the conclusion of the lease. Under this scenario, ERDMAN Development assumes responsibility for design, financing, construction and management of the project allowing the health system to focus their resources on the delivery of care. ERDMAN takes complete responsibility for the project, including the construction budget and any potential cost increases.