Keith Merklin

Keith Merklin

About Keith Merklin

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So far Keith Merklin has created 5 entries.

The Advantages of Owning Commercial Property

By |October 10th, 2013|

Most business own­ers must eventually confront the issue of whether to purchase or lease their office space. There are many factors to consider in making this important de­cision. For new dental practitioners who are uncertain of future space needs, and who want to ensure maximum cash flow as they grow their business, leasing may be a wise option. But for new or seasoned practice owners with a strong financial profile, a clear picture of future growth, and the ability to take advantage of the tax benefits of ownership, a commercial real estate purchase can provide a solid foun­dation for growing the business.

Following are a number of potential ad­vantages to owning commercial property:


Commercial properties for dental prac­tices are far less expensive today than they were before the recession. In some areas, it may ultimately be less costly to purchase and outfit commercial real es­tate than to build-out and rent a leased space. While property values will not [...]

Four Keys to Creating Practice Value for Future Sale

By |August 6th, 2013|

It’s never too soon to start thinking about how to maintain the value of your dental practice for future sale, even if you are just starting a first practice. Despite all the advanced planning, you may end up expanding to a larger location, opening a second practice, or ready to retire sooner than expected.

The value that your practice holds at the time of sale could make the difference between a successful transition and a challenging one. Here are four key steps to building and maintaining practice value:


Just as with a home purchase, a good por­tion of your practice value is based on “location, location, location.” If you are planning to build or purchase your prac­tice, spend as much of the investment as you can afford to secure a premium prac­tice location. Nothing speaks more to the quality of services patients can expect than the location of a practice.

Look for a professional neighborhood with a good reputation [...]

Approaching Practice Ownership

By |February 14th, 2013|

Keith Merklin, General Manager of the dental lending team at Live Oak Bank, presented to the UNC School of Dentistry. Approaching Practice Ownership discusses why Live Oak Bank lends to dentists, debunks “Student Debt Myth,” and discusses practice ownership.

To download a copy of this presentation, click here: UNC Dental Presentation: Approaching Practice Ownership

Abundant Opportunities to Own Business Property

By |January 17th, 2013|

If you’ve ever thought of owning the property underlying your dental practice, now is the time. The commercial real estate market has stabilized over the past few years and there is an abundance of exceptional properties available for purchase. With relatively stagnant sales during the Great Recession, it is now truly a buyer’s market with commercial real estate prices lower than they have been in decades – down 30% from the national peak* before the crash in 2008. In addition, properties are available in prime locations. Small business owners are starting to invest in premium retail properties for their private enterprises, including buildings that previously housed Blockbuster, Jack-in-the-Box and Barnes & Noble outlets.

Many commercial real estate owners are also realizing a cost savings in building out their properties. The competition among builders for CRE construction jobs has driven costs down, with some builders significantly cutting their margins in order to maintain payrolls. Dental office designers and architects are also [...]

Commercial Real Estate: Overcoming Your Fear of Ownership

By |January 1st, 2013|

The severe drop in property values that accompanied the Great Recession has caused many small business owners to be skeptical of commercial real estate investment. They have lost faith in the adage that property values tend to increase over the long haul, shying away from real estate purchases in favor of lease arrangements that insulate them from the unpredictability of the market. Yet there has never been a better time to purchase the business property on which your dental practice resides. The significant opportunities available to small business owners through investment in commercial real estate warrants a second look at the pros and cons of leasing versus purchasing your office space.


For new dental practitioners who are uncertain of future space needs and want to ensure maximum cash flow as they grow their business, leasing may be a wise option. In general, it’s far less costly up front to lease commercial space compared to a real [...]