Thomas Allen

Founder, CEO

Thomas Allen founded Practice Real Estate Group (PRG) in 2014 after several years working in both medical tenant representation and commercial real estate after college. He has earned a reputation as a smart, creative, and trustworthy advisor to his clients. His vision was to build a company that could deliver that same level of service to other professionals across the country.

In addition to running PRG, Thomas also started Practice Transitions Group after seeing an opportunity to help his clients sell their businesses.

Thomas is a graduate of The University of Texas at Austin.

Case Studies

Selling a Spa: When Employee Retention Threatens the Deal

The founders and owners of AL MedSpa built a thriving business just outside of a major Texas city, offering a range of popular services that attracted a loyal customer base. Their success caught the eye of a potential buyer. Like many in their industry, the founders and owners had yet to consider selling a spa – they were too busy growing it.  

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Texas-Based Dental Practice Transition Consultants Negotiate First DPO Transaction in West Virginia

Dr. M and Dr. G were partners at a two-location general dentistry practice in Charleston, West Virginia. Charleston’s small-town feel and a population of fewer than 75,000 people, meant that the practice relied heavily on referrals as its primary source of new patients.

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How Dr. D Maximized Practice Value with Expert Guidance from Practice Transitions Group

Introduction: Dr. D was a seasoned dentist with a steady revenue but wanted a strategic […]

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Dentistry Legacy: Overcoming Challenges in Practice Sale and Crafting a Tailored Solution for Transition

Introduction: Dr. N, an experienced dentist, decided to sell his long-standing dental practice in an […]

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Practice Transitions Group Facilitates Transformative Partnership for MedSpa Owner, Securing Advisory Role and Future Influence

Introduction: Ms. O, a PA-C and owner of a thriving medical spa, caught the attention […]

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Seamless Practice Transition: PTG’s Strategic Expertise Eases Dr. N’s Journey to a Stress-Free Sale

 Introduction:   Dr. N successfully established his medical practice by investing time and effort in […]

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Unlocking Success: Practice Transitions Group Guides Dr. R and Dr. K to Unprecedented Heights in Dental Practice Sale, Paving the Way for a Life-Changing Transition

Introduction: Dr. R and Dr. K co-founded a general dentistry practice in the Texas Hill […]

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Navigating Valuation Challenges: PTG’s Strategic Approach Leads to Successful Dental Transition in Texas

Introduction   When Thomas Allen first met Dr. H through a dental supply representative, he […]

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Strategic Practice Transition: Maximizing Value and Efficiency in a Competitive Market

Introduction:  Dr. L, an accomplished dentist, owned and practiced in a thriving clinic in a […]

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Retiring Dentist Signs Ideal Contract With DSO and Achieves Financial Freedom

Introduction    Dr. B spent over 25 years building and growing his private practice.  With […]

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Uncovering Stock Valuation Discrepancies Before Dr. W’s Practice Sale

Introduction  In 2014, Dr. W, a prominent dentist in Austin, acquired a dental practice. When […]

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Built From Scratch: Pediatric Dental Practice Partnership Exceeds Doctor’s Expectations

Introduction   In 2014, Dr. B founded a pediatric dental practice in Cypress, Texas, which […]

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From Pandemic Setback to Prosperity: Dr. L’s Practice Transitions Success Story

Dr. L, who emigrated from China, lived the American dream by establishing a thriving dental practice with nine locations in the Houston area. As time went on, she expanded into children’s dentistry and honed her ability to communicate effectively with young patients, extending her services to include braces as a general dentist. 

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Elevating Value: A Physician’s Journey from Challenge to Success in Practice Transition

Introduction  Situated thirty miles from Dallas, Dr. M lives in a rural town and enjoys […]

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Balancing Pediatric Dental Practice Growth: Doctor’s Success Story with Practice Transitions Group

Introduction  Dr. J was a high-producing pediatric dentist in the Dallas area who was dedicated […]

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Successful Practitioner Lists Perio Practice for Sale as COVID-19 Pandemic Hits

Dr. F built a thriving periodontic practice in Central Texas. He enjoyed the work but spent the weekends driving south to care for his aging mother. After another year of six hour road trips, he decided to prepare his perio practice for sale so he could move closer to his family. 

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Retiring Practice Owner Sells for Over a Million More with PTG in Austin Dental Practice Transition

Introduction  Dr. V was a pediatrics and orthodontics dentist in Cedar Park, TX – a […]

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California Dentist Sells Practice to DSO Despite Covid Setbacks

PTG negotiated a price 8 times the value of Dr. B’s practice. Now, Dr. B is walking into retirement with the cash and equity he needs to live life outside of practice ownership.

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Retiring dentist sells practice within 3.5 months for higher-than-expected price

Dr. Y’s original offer of $1.2MM. The quick turnaround and higher sale price exceeded Dr. Y’s expectations and allowed him to gracefully exit from the practice.

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Highly Successful Dentist Transitions from Practice After Life-Changing Injury

Introduction   Doctor X had a large, sophisticated dental practice that performed high-end and specialized […]

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