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News Release: Welltower Expands Relationship with Summit Medical Group

News Release: Welltower Expands Relationship with Summit Medical Group

7/31/2019 5:03:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has entered into a definitive purchase agreement under which Welltower will acquire a 43-acre, 6-building, 270,000 square foot medical office campus in Berkeley Heights, NJ for $140 million. The campus will be master leased by Summit Medical Group (“Summit”, “SMG”), one of the nation’s premier independent multispecialty medical […]

Balfour at Riverfront Park

News Release: Welltower Partners with Balfour Senior Living and Expands Best-in-Class Platform

7/31/2019 5:00:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has formed a new relationship with Colorado-based Balfour Senior Living (“Balfour”), a premier operator of unparalleled independent living, assisted living and memory care communities. Welltower and Balfour plan to enhance the high-end senior living experience by expanding upon Balfour’s best-in-class design and accommodations. Welltower acquired a […]

News Release: Welltower Reports Second Quarter 2019 Results

News Release: Welltower Reports Second Quarter 2019 Results

NEWS PROVIDED BY Welltower Inc.  Jul 31, 2019, 16:52 ET TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended June 30, 2019. Quarterly Highlights Reported net income attributable to common stockholders of $0.34 per diluted share and normalized FFO attributable to common stockholders of $1.05 per diluted share compared to $1.00 per diluted share in 2018, representing […]

News Release: HCP Reports Second Quarter 2019 Results

News Release: HCP Reports Second Quarter 2019 Results

News Release Issued: Jul 31, 2019 (4:15pm EDT) IRVINE, Calif., July 31, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced results for the second quarter ended June 30, 2019. For the quarter, HCP generated a net loss of $0.03 per share, NAREIT FFO of $0.41 per share, FFO as adjusted of $0.44 per share and blended […]

News Release: JLL closes sale of Sunrise Lake in Pearland, Texas

News Release: JLL closes sale of Sunrise Lake in Pearland, Texas

Mixed-use asset comprising a blend of medical office and retail uses HOUSTON, July 31, 2019 – JLL announces that it has closed the sale of Sunrise Lake, a 74,612-square-foot mixed-use property in the Houston-area community of Pearland, Texas. JLL marketed the property on behalf of the seller, TIG Real Estate Services, and procured the buyer. […]

News Release: Healthcare Realty Trust Reports Results for the Second Quarter

News Release: Healthcare Realty Trust Reports Results for the Second Quarter

Company Release – 7/30/2019 5:00 PM ET NASHVILLE, Tenn., July 30, 2019 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the second quarter ended June 30, 2019.  The Company reported net income of $4.5 million, or $0.03 per diluted common share for the quarter ended June 30, 2019.  Normalized FFO for the three months ended […]

News Release: Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal

News Release: Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal

FOR IMMEDIATE RELEASE: Tuesday, July 30, 2019 Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal Des Plaines, IL– Podolsky Circle CORFAC International is pleased to announce that it is has successfully advised and represented MedEx Ambulance Service in a 17,080 square foot, long-term lease renewal at 1001 S. Des Plaines Street in Chicago. […]

News Release: Tarzana Medical Atrium Announces Lease With Providence Tarzana Medical Center

News Release: Tarzana Medical Atrium Announces Lease With Providence Tarzana Medical Center

FOR IMMEDIATE RELEASE The medical center will take one-third of the 90,000 square feet while one-third remains available to lease  TARZANA, Calif. (July 30, 2019) – The Tarzana Medical Atrium today announced that Providence Tarzana Medical Center has signed a 10-year lease for one-third of the new 90,000-square-foot medical office building when it opens in […]

News Release: Marcus & Millichap arranges the sale of an 8,900-square foot net-leased property

News Release: Marcus & Millichap arranges the sale of an 8,900-square foot net-leased property

FOR IMMEDIATE RELEASE         ROCKLEDGE, Fla., July 29, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Health First Urology, a 8,900-square foot net-leased property located in Rockledge, Fla., according to Grant Fitzgerald, sales manager of the […]

News Release: MedProperties Group relocates to prestigious new downtown Chicago headquarters

News Release: MedProperties Group relocates to prestigious new downtown Chicago headquarters

The firm’s expanded offices are in the 71 South Wacker building in the heart of the Loop CHICAGO, July 29, 2019 – MedProperties Group, a 15-year-old, full-service medical real estate firm, is pleased to announce the opening of its new headquarters in one of downtown Chicago’s premier office towers. Matthew J. Campbell, CEO and Founding […]

News Release: JLL Sells Duke Health Medical Office Building for $80.5 Million

News Release: JLL Sells Duke Health Medical Office Building for $80.5 Million

Ventas acquires Class A facility in Durham, North Carolina, 100% leased to Duke Health DURHAM, N.C., July 29, 2019 – JLL’s Healthcare Capital Markets experts have completed the sale of a 125,942-square-foot outpatient facility, fully occupied by affiliates of Duke Health, to Ventas, Inc. for $80,500,000. Ventas is an S&P 500 company and a leading real […]

News Release: Just Closed - Northbay Vacavalley Medical Center

News Release: Just Closed – Northbay Vacavalley Medical Center

Just Closed Northbay Vacavalley Medical Center Vacaville, CA Sale Date: 7/19/2019 Property Size: 110,260 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the NorthBay VacaValley Medical Center (the “Property”), located in Vacaville, California. Chris Bodnar, Lee Asher, Shane Seitz, Ryan Lindsley and Sabrina Solomiany acted as the seller’s exclusive […]

News Release: Cornerstone Companies, Inc. Develops New, Cutting-Edge Medical Office for Goodman Campbell Brain and Spine

News Release: Cornerstone Companies, Inc. Develops New, Cutting-Edge Medical Office for Goodman Campbell Brain and Spine

A brand-new, Goodman Campbell Brain & Spine facility is now open to patients at Main St and N Illinois St in Carmel, IN.  INDIANAPOLIS – Cornerstone Companies, Inc. (Cornerstone) recently completed the development and construction of a 38,537 SF, cutting edge medical office building for Goodman Campbell Brain and Spine. Sitting on a prime location […]

News Release: Caddis and Invesco Real Estate Joint Venture acquires Indiana Hand to Shoulder Center

News Release: Caddis and Invesco Real Estate Joint Venture acquires Indiana Hand to Shoulder Center

The facility, which is the headquarters for 10 additional clinics, is conveniently located at the entrance of the main campus of St. Vincent/Ascension Hospital in Indianapolis INDIANAPOLIS and DALLAS, July 25, 2019 – A joint venture between Caddis® and a client of Invesco Real Estate, a global real estate investment manager, has acquired the 41,205 […]

Entries now open for seventh annual HREI Insights Awards

Entries now open for seventh annual HREI Insights Awards

Healthcare Real Estate Insights™ magazine announces that entries are now open for the Seventh Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due Monday, Sept. 30, 2019. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]