Capital Markets: MOB expense reimbursements

Expense reimbursements in leases have an impact on loan underwriting, terms

By Erik Tellefson

Medical office building (MOB) leases include expense reimbursements, which is the amount or percentage that the lessee pays the landlord for building expenses. The amount and type of the reimbursements are effectively whatever can be written into the lease. However, there are broad categories that these reimbursements typically fall into.

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