The 2021 Business Plan
The market demand for medical offices and facilities near Rancho Springs Medical Center continues to be financially stable. As such, in our business plan for 2021, we decided to list the Continental Medical Plaza building for sale in December 2020.
The COVID-19 pandemic greatly impacted California’s businesses. With the start of COVID-19 vaccination distribution in January 2021, things have taken a more positive turn. Riverside County was also downgraded to the red tier of California’s Blueprint for a Safer Economy. As a result, the changes loosened the
restrictions for businesses in the surrounding area. RadNet is also experiencing an influx of business as restrictions lift. In addition, the company resumed performing elective procedures. RadNet is also expanding its capabilities with a new Magnetic Resonance Imaging (MRI) trailer to accommodate patient needs. In other exciting news, we’re pleased to report that RadNet’s parking lot is nearing capacity.
To learn more about Continental East Fund IV, visit Fund IV.