Why Physicians Should Consider Investing in Medical Office Buildings: Lessons from Dr. Tisha Rowe
Physicians seeking stable income, practice security, and long-term wealth building are increasingly looking beyond traditional real estate assets. Medical office buildings (MOBs) offer a compelling and often overlooked investment path—especially for healthcare providers who want to control the space where they practice.
In a webinar hosted by George Ozoude, MD, CEO of Time Health Capital, and Adebayo Fasanya, MD, CEO of Dr. Breathe Easy Capital, guest expert Tisha Rowe, MD, founder of RoweDocs and Honeycomb Clinic, shared her personal journey and key insights on investing in medical office real estate.
Her story highlights not only why MOB ownership matters but how physicians can strategically step into this asset class.
Why Dr. Rowe Entered Medical Office Building Ownership
Dr. Rowe’s journey into medical office investing was driven by repeated practice displacement. Over several years, she encountered multiple instances where her thriving practice was abruptly disrupted due to building closures or landlord issues—despite her practice’s strong financials.
From being locked out of one practice space, to another hospital closure, to facing sudden eviction notices, the lack of control over her clinical environment created unnecessary instability and revenue loss.
These experiences underscored a powerful lesson: If your practice needs a home, why not own that home yourself?
Owning the building would provide stability not only for her own practice but could also serve other physicians facing similar challenges.
How Dr. Rowe Acquired Her First Medical Office Building
Dr. Rowe found a 9,000 sq. ft. building in a central Houston location that was in bankruptcy. Despite being new to commercial real estate, she trusted her research and instincts—offering $2.5M based on market comparables (despite advice to lowball).
The process was educational and included several key steps:
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Securing proof of funds and a letter of credit from a bank
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Presenting a business plan to the bank, including her concept of a co-working space for doctors
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Pitching the bank president directly to secure loan approval
Ultimately, the bank funded both the purchase and $750,000 in renovations, allowing her to modernize the building and launch her Honeycomb Clinic, a multi-specialty medical co-working space.
Dr. Rowe’s Medical Office Model: Co-working & Community
Rather than creating a space just for her practice, Dr. Rowe designed a co-working model where other physicians could lease space flexibly. Her tenants have included:
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Cardiologists
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OB/GYNs
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Nephrologists
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Nurse practitioners
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Personal injury physicians
Her approach offers two leasing options:
✅ Turnkey space with shared services (front desk, internet, medical assistants, supplies)
✅ Independent space for established practices bringing their own staff and systems
This flexibility broadens her tenant pool and generates diversified income streams.
Key Lessons & Insights for Physicians
Throughout the webinar, Dr. Rowe offered candid insights for physicians considering MOB investments:
1. Owning Your Practice’s Space is Empowering
It eliminates the risk of displacement and builds long-term wealth through property appreciation and rental income.
2. Start with Education & Observation
Before jumping in, she recommends:
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Researching local MOB prices and opportunities
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Joining real estate groups and attending conferences (both medical and non-medical)
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Networking with commercial brokers and other physician investors
3. Understand Tenant Mix & Revenue Models
Diversity matters. A healthy mix of cash-pay, insurance-based, and specialty providers reduces risk if healthcare reimbursement landscapes shift.
4. Explore Creative Financing & Partnership Models
Dr. Rowe successfully raised capital from 35 physician investors who invested in both her clinic and the real estate, aligning interests and spreading risk.
5. Think Long-Term: Scalability & Exit Strategies
Her vision includes expanding through franchising—offering physicians both practice models and shared real estate ownership in future locations.
Final Thoughts
Dr. Tisha Rowe’s experience demonstrates that medical office building investing is not just for large institutions or seasoned real estate moguls. Physicians—with the right knowledge, community, and vision—can leverage their expertise and networks to own the spaces where they serve patients, all while creating financial stability and generational wealth.
Want to connect with our community for more educational opportunities?
📺 Watch the full webinar here, hosted by George Ozoude, MD and Adebayo Fasanya, MD, featuring guest expert Tisha Rowe, MD. You’ll learn firsthand how she navigated her MOB acquisition, structured her tenant model, and built a scalable business around physician co-working.