News Release: JLL closes sale of Twin Creeks Medical Center I & II in Allen, Texas
JLL Healthcare Capital Markets Just closed: Twin Creeks Medical Center I & II in Allen, Texas The transaction involved the investment sale of Twin Creeks Medical Center I & II in Allen, Texas. Deal highlights Property type: Medical office Sale date: October 17, 2016 Square feet: 69,196 r.s.f. Year built: 2004 and 2005 Occupancy: 87% The […]
News Release: Third Phase of Construction at HCP’s The Cove at Oyster Point in South San Francisco to Begin, Fueled by Strong Leasing Activity
News Release Issued: Nov 1, 2016 (8:02am EDT) IRVINE, Calif. and SAN FRANCISCO, Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced today that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in the epicenter of South San Francisco’s […]
News Release: HCP Announces Results for Quarter Ended September 30, 2016 and Completes the QCP Spin Transaction
News Release Issued: Nov 1, 2016 (8:03am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — THIRD QUARTER 2016 AND RECENT HIGHLIGHTS — EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share — Completed spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see […]
News Release: HCP to Sell a Portfolio of 64 Brookdale Communities for $1.125 Billion
News Release Issued: Nov 1, 2016 (8:01am EDT) Resulting in Lower Brookdale Concentration; Improving HCP’s Lease Coverage and Balance Sheet IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that it has entered into definitive agreements to sell a portfolio of 64 properties leased to Brookdale Senior Living, Inc. (“Brookdale”) for an […]
News Release: HCP Declares Quarterly Cash Dividend on Common Stock
News Release Issued: Nov 1, 2016 (8:00am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share. The dividend will be paid on November 25, 2016 to stockholders of record as of the close of business on November […]