REIT Report

News Release: CORRECTION: HCP Announces Results for the Quarter Ended June 30, 2017

News Release: CORRECTION: HCP Announces Results for the Quarter Ended June 30, 2017

News Release Issued: Aug 1, 2017 (10:37am EDT) To view this release online and get more information about HCP Investor Relations visit: http://ir.hcpi.com/2017-08-01-C-O-R-R-E-C-T-I-O-N-HCP-Inc /C O R R E C T I O N — HCP, Inc./ In the news release, HCP Announces Results for the Quarter Ended June 30, 2017, issued 01-Aug-2017 by HCP, Inc. […]

News Release: Healthcare Trust of America, Inc. Reports Second Quarter 2017 Earnings

News Release: Healthcare Trust of America, Inc. Reports Second Quarter 2017 Earnings

$2.6 Billion in Year-to-Date Investments  Quarter Normalized FFO of $0.39 Per Diluted Share and Same-Property Cash NOI Growth of 3.1% Company Release – 07/31/2017 16:05 SCOTTSDALE, Ariz., July 31, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and six months ended June 30, 2017. Second Quarter 2017 Highlights Operating […]

Todd W. Lillibridge

News Release: Ventas Announces Lillibridge Healthcare Services CEO Transition

Todd W. Lillibridge to Transition Out of Top Executive Role in Early 2018 CHICAGO–(BUSINESS WIRE)–Jul. 28, 2017– Ventas, Inc. (NYSE: VTR) announced today that Todd W. Lillibridge, President and CEO of Lillibridge Healthcare Services (“LHS” or “the MOB Business”) and EVP Medical Property Operations for Ventas will transition to a new role as Senior Advisor to the […]

News Release: Welltower Reports Second Quarter 2017 Results

News Release: Welltower Reports Second Quarter 2017 Results

July 28, 2017 TOLEDO, Ohio, July 28, 2017 /PRNewswire/ — Welltower Inc. (NYSE: HCN) today announced results for the quarter ended June 30, 2017. For the quarter, we generated net income attributable to common stockholders of $0.51 per share and normalized FFO attributable to common stockholders of $1.06 per share. Quarterly Highlights Seniors housing operating SSNOI grew […]

REIT Report: CCP remains active buying, selling

REIT Report: CCP remains active buying, selling

SNF-focused Ventas spin-off buys behavioral health portfolio as part of strategy By John B. Mugford When Chicago-based Care Capital Properties Inc. (NYSE: CCP) closed on a recent $400 million acquisition of six behavioral health facilities in California, Arizona and Illinois, the real estate investment trust (REIT) revealed something about its strategy moving forward as well […]

News Release: Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction

Sabra Health Care and Care Capital Properties to Combine in $7.4 Billion Transaction to Create a Premier Healthcare REIT May 07, 2017 21:15 ET | Source: Sabra Health Care REIT, Inc. Combined company to have a diversified portfolio of 564 investments across 43 states and Canada Transaction expected to be immediately accretive Credit enhancing to all stakeholders IRVINE, Calif. […]

REIT Report: HR Trust picks up investment pace

REIT Report: HR Trust picks up investment pace

In Q4 earnings call, company officials tell analysts they expect similar results in 2017 By John B. Mugford Nashville, Tenn.-based Healthcare Realty Trust (NYSE: HR) is not necessarily known for opening up its checkbook and making huge acquisitions, although the publicly traded real estate investment trust (REIT) has gradually accumulated a $3.5 billion portfolio with […]

REIT Report: G-A REITs still making acquisitions

REIT Report: G-A REITs still making acquisitions

REIT III made $509.5 million of acquisitions in 2016; REIT IV has invested $139 million By John B. Mugford Amid what can be described as a slowdown in both capital raising and acquisitions for the country’s non-traded, healthcare-focused real estate investment trusts (REITs), two REITs co-sponsored by American Healthcare Investors LLC (AHI) and Griffin Capital […]

REIT Report: Second biggest buyer in 2016: HTA

REIT Report: Second biggest buyer in 2016: HTA

REIT’s acquisitions topped $700 million, its biggest year since going public By John B. Mugford Most long-term holders of medical office buildings (MOBs) have been cautious when making recent acquisitions, as high demand from new investors has driven prices to all-time highs.

Global Medical REIT Inc. plans to close in March 2017 on the acquisitions of three buildings occupied by the Oklahoma Center for Orthopedic & Multi-Specialty Surgery. (Photo courtesy of OCOM)

News Release: Global Medical REIT Inc. Provides Acquisition Update

Press Release Company Release – 2/1/2017 8:30 AM ET Company Announces Two Completed Acquisitions and Five Executed Purchase Contracts for an Aggregate of $103.5 million BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company” or “GMR”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities […]

REIT Report: Big year, big retirement at DocREIT

REIT Report: Big year, big retirement at DocREIT

Acquisitions totaled $1.28 billion last year and founder John Sweet retired By John B. Mugford Prior to the start of 2016, executives with Milwaukee-based Physicians Realty Trust (NYSE: DOC) set its acquisitions guidance at $750 million to $1 billion for the year.

REIT Report: HR Trust glad to be on campus

REIT Report: HR Trust glad to be on campus

By John B. Mugford As far as many healthcare real estate (HRE) investors are concerned, off-campus medical office buildings (MOBs) have become nearly as attractive, or in some cases just as attractive, as on-campus outpatient facilities.

REIT Report: MPT making big deal with Steward

REIT Report: MPT making big deal with Steward

Publicly traded REIT to buy nine hospitals from for-profit system for $1.2 billion By John B. Mugford If all goes according to plan, Boston-based Steward Health Care System LLC, which has been focused on eastern Massachusetts, can start expanding its “community-based care” model to a national platform.

News Release:  378 healthcare REIT properties threatened by Hurricane Matthew

News Release: 378 healthcare REIT properties threatened by Hurricane Matthew

More than 10,000 REIT-owned properties lie in the wider path of Hurricane Matthew, with the bulk comprising homes owned by single-family REITs. The now-Category 3 hurricane approached Florida’s east coast early Friday morning and began moving north just offshore, with reported wind gusts around 100 miles per hour. Current projections show the storm heading up […]

News Release: Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million

News Release: Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million

Expected Closings in Calendar 2017 Would Complete Exit from Senior Housing Portfolio- MINOT, N.D., Aug. 31, 2016 /PRNewswire/ — Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB) (the “Company”), a real estate investment trust focusing on the acquisition, development, redevelopment and management of multifamily communities located primarily in select growth markets throughout the Midwest, […]