Lowest Cost

The Lowest
Occupancy Cost

Targeted Return is built for cost minimization. The lowest year-one base rent we offer, a tax-exempt option, and 100% of savings passed through as rent reductions. Your purchase price is still set today.

100%

OF SAVINGS PASSED THROUGH

Tax-Exempt

OPTION AVAILABLE

Ownership

PRICE SET TODAY

Lowest Cost

Targeted Return

Occupancy cost isn’t a one-time decision. It’s a line on the P&L every year for the life of the facility. A structure that lowers it doesn’t help once, it helps every budget cycle for a decade or more. Most structures treat cost and ownership as a tradeoff: pay less now and give up the path to owning, or pay more to keep it. That tradeoff is a choice the market imposes, not a low of finance.

Boldt’s Targeted Return option carries the lowest year-one base rent. Every dollar of savings the structure generates is passed through to you as a rent reduction, and the purchase price is still set today. You lower the cost that recurs every year and keep the path to ownership open.

Our Targeted Return option is best for health systems that:

Focused on minimizing occupancy cost

Can take on more property responsibility for a lower cost

Want a tax-exempt option

Want lower cost now without closing the door on ownership

2026 Capital Strategy Guide” + “Bonds vs Alternative Capital

Before You Decide

Considerations For your System

More Property Responsibility

An absolute net lease places most property obligations with your system, which is part of what drives the cost down. It suits systems with the capacity to manage a facility, or a partner to handle it. 

Not Maximum Ownership Certainty

This structure optimizes for occupancy cost rather than a guaranteed transfer. If certain ownership is non-negotiable, Ownership Reversion or Predetermined Purchase Price may fit better. 

Tax-Exempt Eligibility Varies

The tax-exempt option depends on your system’s status and the specifics of the deal. It is available in many cases but should be confirmed early. 

Savings Depend on Market Conditions

Rent constants and the savings passed through reflect current market conditions and a credit rating of A- of better. Figures move with rates and with your system’s profile.

The Difference

Why Boldt Real Estate

Conventional Models
X Capital tied up in real estate
X Control ceded to a landlord or REIT
X Future value captured by investors
X Uncertain path to ownership
X One-size-fits-all financing
The Boldt Approach
✓ Zero capital required at close
✓ Full operational control retained
✓ Value stays with your system
✓ A defined route back to ownership
✓ Four paths, mixed across a portfolio

Get In Touch

Let's redefine what you expect from a real estate partner.

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