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News Release: MedProperties Realty Advisors acquires two-building MOB portfolio near Philadelphia

News Release: MedProperties Realty Advisors acquires two-building MOB portfolio near Philadelphia

The medical office buildings in Oaks, Pa., are 91 percent leased by a strong, diverse tenant mix that includes Axia Women’s Health, Temple University Health System and Alliance Health OAKS, Pa., and DALLAS, Oct. 31, 2018 – MedProperties Realty Advisors LLC is pleased to announce its newest investment: the Oaks Medical Office Building (MOB) portfolio in […]

News Release: Former Trammell Crow/CBRE executives O’Neil and Allyn start new healthcare venture

News Release: Former Trammell Crow/CBRE executives O’Neil and Allyn start new healthcare venture

Fidelis Healthcare Partners, which will concentrate on new development and acquisitions, has also secured a prominent capital partner: a state retirement fund advised by Bentall Kennedy DALLAS and HOUSTON, Oct. 31, 2018 – Kevin O’Neil and Mark C. Allyn, who each have more than 30 years of diverse commercial real estate experience, have launched Fidelis […]

News Release: Capital One Closes $11 Million Loan to Fund Acquisition of South Carolina Medical Office Building

News Release: Capital One Closes $11 Million Loan to Fund Acquisition of South Carolina Medical Office Building

New York (October 31, 2018) – Capital One announced today that it provided an $11 million adjustable-rate loan to Altera Development, a Dallas-based real estate development company that develops and manages properties including medical office, hospital, multifamily, and industrial projects across the U.S. Altera used these funds to acquire a 109,000-square-foot medical office building in Spartanburg, […]

News Release: HCP Upgraded by S&P Global Ratings to BBB+ with Stable Outlook

Irvine, Calif., Oct. 31, 2018 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced that S&P Global Ratings (“S&P”) upgraded its corporate credit rating to BBB+ from BBB, with a stable outlook. S&P based the ratings upgrade on HCP’s repositioning efforts which have improved the quality of the portfolio, reduced tenant concentration and significantly lowered leverage. “We […]

News Release: HCP Reports Third Quarter 2018 Results

Irvine, Calif., Oct. 31, 2018 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced results for the third quarter ended September 30, 2018.  For the quarter, we generated net income of $0.21 per share, FFO of $0.33 per share and FFO as adjusted of $0.44 per share. Quarterly and Recent Highlights –      Under contract to sell our […]

News Release: Flagship Healthcare Trust Makes Acquisition in Alabama

News Release: Flagship Healthcare Trust Makes Acquisition in Alabama

Tuscaloosa, AL – October 31, 2018 –  Flagship Healthcare Properties (“Flagship”), manager of the private REIT Flagship Healthcare Trust, Inc. (“Flagship REIT”), announced today that the REIT has acquired a Class A ambulatory surgery center (“ASC”) & medical office building (“MOB”) in Tuscaloosa, Alabama. Located at 1400-1406 McFarland Boulevard North, the roughly 20,000 square foot ASC features […]

News Release: Three NexCore Group healthcare developments named 2018 HREI Insights Awards™ Finalists

News Release: Three NexCore Group healthcare developments named 2018 HREI Insights Awards™ Finalists

Healthcare Real Estate Insights™ magazine’s annual, national awards program honors medical facilities the company developed in Council Bluffs, Iowa; Show Low, Ariz.; and Akron, Ohio Denver; Council Bluffs, Iowa; Show Low, Ariz., and Akron, Ohio, Oct. 31, 2018 – Three healthcare facilities developed by NexCore Group, a national healthcare real estate developer, have been honored […]