News Release: Caddis acquires 44,201-square-foot Gateway Medical Plaza II near Nashville, Tenn.
FOR IMMEDIATE RELEASE This is the 27th property purchased by the firm’s inaugural medical office acquisition fund, which is expected to be fully deployed early in the fourth quarter of 2020 MURFREESBORO, Tenn., and DALLAS, Aug. 12, 2020 – Caddis® has acquired the 44,201-square-foot, Class A Gateway Medical Plaza II in Murfreesboro, near Nashville. The […]
News Release: Broe Real Estate Signs Colorado Eye Consultants to Anchor New MOB Concept
Leading Eye Care Center Eyes Move NEWS PROVIDED BY Broe Real Estate Group Aug 12, 2020, 09:08 ET DENVER, Aug. 12, 2020 /PRNewswire/ — Broe Real Estate Group (BREG) has signed eye care industry leader Colorado Eye Consultants, formerly known as Corneal Consultants of Colorado, to anchor its new medical building located on 4.66 acres at 1501 W. Mineral Ave., Littleton, […]
News Release: Roswell Park, Ellis Medicine announce new partnership
Press Release Tuesday, August 11, 2020 Affiliation to expand access to cancer care in the Capital Region SCHENECTADY, N.Y. — Ellis Medicine and Roswell Park Comprehensive Cancer Center marked a major milestone today with the announcement of an affiliation that will bring new medical oncology services to Ellis Hospital. Ellis is creating a medical oncology/chemotherapy/infusion […]
Transactions: Q2 MOB sales were about $2 billion
As anticipated, Revista and RCA confirm that sales were down, but not as much as feared By John B. Mugford Despite the worries that medical office building (MOB) sales would see a big drop in the second quarter (Q2) amid the COVID-19 pandemic, the volume came in just fine — not great, but not awful […]
Feature Story: REITs shaking off pandemic pain
Senior housing has suffered, but rent collections generally remain strong By John B. Mugford As the country continues to grapple with the COVID-19 pandemic, the eyes of observers involved in the healthcare real estate (HRE) sector are intently focused on the financial health and investment proclivity of the publicly traded real estate investment trusts (REITs). […]
News Release: New Lease at Plymouth (Minn.) Medical Building
Davis is excited to announce a new lease at the Plymouth Medical Building! In December, Plymouth Vision Center will join Fresenius Medical Care and Caravel Autism Health in this newly expanded and renovated MOB featuring class A building finishes. Plymouth Vision Center’s mission is to exceed the expectations of their patients by providing exceptional eye care […]
News Release: Ryan Companies Healthcare Strength Proven Through National Approach
Multidisciplinary Team Delivers Strategic Resources to Challenged Industry Minneapolis, MN (August 10, 2020) Ryan Companies announced today the formalization of a national team of multidisciplinary healthcare real estate and facilities professionals. Because of the pandemic and ever-changing healthcare landscape, the real estate strategy health systems form today will be the foundation for how they continue […]
News Release: Montecito Medical Acquires Prime Office Property in Houston Area
FOR IMMEDIATE RELEASE August 10th, 2020 NASHVILLE, Tenn. – Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a prime medical property, Mason Creek Medical Office Building (MOB), in suburban Houston. Consisting of 30,000 square feet on 3.89 acres in a steadily growing area of […]
News Release: Ventas Reports 2020 Second Quarter Results
Ventas Reports 2020 Second Quarter Results August 07, 2020 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (the “Company”) today reported results for the second quarter ended June 30, 2020. The Company also provided an update regarding how its operations and financial condition have been affected by the COVID-19 pandemic. “Our second quarter […]
News Release: Healthcare Trust Of America, Inc. Reports Second Quarter 2020 Earnings And Provides Update On Impacts From The Covid-19 Pandemic
August 6, 2020 Scottsdale, Arizona (August 6, 2020) – Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and six months ended June 30, 2020 and provided an update on business operations stemming from the impacts of the ongoing coronavirus (“COVID-19”) pandemic. Highlights Second Quarter 2020: Net Income Attributable to Common Stockholders was […]
News Release: PREMIER Design + Build Group Delivers New Urgent Care/Medical Office Building in Chicago’s Southwest Suburbs
August 6, 2020 (New Lenox, IL) – PREMIER Design + Build Group (“PREMIER”) has completed construction of a two-story medical office building in Chicago’s southwest suburbs for HSA|Primecare. The ground floor of this 41,724-square-foot building houses a Silver Cross urgent care facility, along with a primary care unit. The new complex is at 1851 Silver Cross […]
News Release: Physicians Realty Trust Reports Second Quarter 2020 Financial Results
Announces $0.09 Net Income per Share and $0.27 Normalized FFO per Share for the Second Quarter of 2020 Reports Second Quarter Rent Collection of 98% and July Rent Collection of 97% Second Quarter and Recent Highlights: Reported second quarter 2020 total revenue of $109.1 million, an increase of 15% over the prior year period. Generated […]
News Release: Diversified Healthcare Trust Announces Second Quarter 2020 Results
Second Quarter Net Loss Attributable to Common Shareholders of $0.11 Per Share Second Quarter Normalized FFO Attributable to Common Shareholders of $0.24 Per Share August 06, 2020 07:00 AM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq:DHC) today announced its financial results for the quarter and six months ended June 30, 2020. “The COVID-19 pandemic […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower Inc. Aug 05, 2020, 17:39 ET TOLEDO, Ohio, Aug. 5, 2020 /PRNewswire/ — Welltower Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/august-business-update About Welltower Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to […]
News Release: Global Medical REIT Announces Second Quarter 2020 Financial Results
Completes $132 Million of Acquisitions to Date Internalizes Management Functions August 05, 2020 04:15 PM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare systems and […]