News Release: CareTrust REIT Announces Fourth Quarter and Full Year 2020 Operating Results
02/10/21 Conference Call Scheduled for Thursday, February 11, 2021 at 1:00 pm ET SAN CLEMENTE, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter and year ended December 31, 2020, as well as other recent events. For the quarter, reported: Net income of $21.1 million and net income per diluted weighted-average common share of $0.22; […]
News Release: Walker & Dunlop Structures $205 Million in Financing for Life Sciences and Medical Office Building in Manhattan
Bethesda, Maryland | Feb. 10, 2021 Walker & Dunlop, Inc. announced today that it structured $205,000,000 in financing for 619 West 54th Street, located in the heart of Manhattan’s Midtown West neighborhood. Also known as Hudson Research Center, the Class A life science and medical office property features stunning views of Manhattan’s West Side and […]
News Release: Montecito Acquires Flagship Location for Eye Care Leader in Philadelphia Area
FOR IMMEDIATE RELEASE February 10, 2021 Nashville, Tenn. — Montecito Medical Real Estate, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a medical office building and surgery center leased to a market-leading ophthalmology group in the greater Philadelphia area. The 20,199 square-foot, two-story building, located in Southampton, Pennsylvania, […]
News Release: Welltower Reports Fourth Quarter 2020 Results
2/9/2021 4:10:00 PM EST TOLEDO, Ohio, Feb. 9, 2021 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended December 31, 2020. Highlights Reported net income attributable to common stockholders of $0.39 per diluted share Reported normalized FFO attributable to common stockholders of $0.84 per diluted share Completed $657 million of pro rata acquisitions since the start of the fourth quarter 2020 at […]
News Release: Welltower Issues Business Update
2/9/2021 4:19:00 PM EST TOLEDO, Ohio, Feb. 9, 2021 /PRNewswire/ — Welltower Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/february-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 fund the […]
News Release: Healthpeak Reports Fourth Quarter and Year Ended 2020 Results
DENVER, Feb. 9, 2021 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.27 per share, NAREIT FFO of $0.32 per share, FFO as Adjusted of $0.41 per share and blended Total Same-Store Portfolio Cash NOI growth of 4.2%. – Significant […]
Transactions: Q4 rally propels 2020 MOB sales above $10B once again
RCA has 2020 MOB sales at $11.3B; ‘Preliminary’ Revista sales are $10.2B By John B. Mugford Coming into last year, there seemed to be no question that total sales volume in the red hot medical office building (MOB) market would surpass what had become the annual benchmark: $10 billion. But then the COVID-19 pandemic made […]
Hot Property: 806,885 square foot, 95% occupied portfolio hits the market
Cornerstone offering could fetch upwards of $250M; Newmark is the broker Although medical office buildings (MOBs) have become well accepted as a desired asset class for an ever-widening pool of investors, large portfolio offerings tend to be a rather rare commodity. In fact, through the first three quarters of 2020, single-asset transactions accounted for about […]
News Release: Transwestern’s Atlanta, Miami investment sales teams merge to expand Southeast footprint
Integrated Team Completes Nearly $400 Million in Transactions in 10 Months (FEB. 9, 2020 – ATLANTA AND MIAMI) – Transwestern Real Estate Services (TRS) announces its investment sales teams in Atlanta and Miami have joined forces to create a fully integrated investment sales platform with an expanded footprint across the Southeast. Between March 2020 and […]
New Release: Rochester Hills, Michigan, MOB sale
For Immediate Release Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Old Courthouse Medical Center in Rochester Hills, MI $3.3M Sale of Fully Leased MOB in Exurban Detroit Medical Cluster CHICAGO, February 8, 2021 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $3.32 million sale of […]
New Release: Placement of Debt – MOB & Inpatient Rehabilitation Portfolio
FEBRUARY 8, 2021 CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS DEBT PLACEMENT MOB & INPATIENT REHABILITATION PORTFOLIO TX, MD, IN, IA, OH, PA, MS, GA MOB & Inpatient Rehabilitation Portfolio CBRE U.S. Healthcare & Life Sciences Capital Markets is pleased to announce the placement of debt for a MOB & Inpatient Rehabilitation Portfolio (the “Portfolio”). Sabrina […]
News Release: Flagship Healthcare Properties Opens Triangle Office
NEWS PROVIDED BY Flagship Healthcare Properties, LLC Feb 08, 2021, 15:12 ET CHARLOTTE, N.C., Feb. 8, 2021 /PRNewswire/ — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has opened an office in Cary, NC where it will offer leasing, brokerage and property management services. “I’m excited to open our office in the Raleigh-Durham area,” […]
News Release: Avison Young Capital Markets team negotiates sale of wellness campus in $57 million sale-leaseback
8 FEB 2021 With significant new hires and new deals, momentum growing for Avison Young Capital Markets team WASHINGTON, DC – Avison Young’s U.S. Capital Markets team announced today that it has negotiated the sale of All Points North Lodge, a comprehensive wellness and treatment campus located just outside of Vail, CO. The luxury facility, […]
News Release: Just Sold – Las Vegas Medical Office Asset Traded for $310 PSF
3041 East Flamingo Road Las Vegas, Nevada JUST SOLD CBRE’s Investment Properties-SoCal/Phoenix/Vegas team is pleased to announce the sale of 3041 East Flamingo Road in Las Vegas, Nevada, for $310 PSF. The 14,680-square-foot medical office building sits on 1.72 acres at the corner of East Flamingo Road and McLeod Drive, across the street from a […]
News Release: Cornerstone Companies to Market 800,000 SF Medical Office Building Portfolio
(Indianapolis, IN) February 4, 2021 — Cornerstone Companies, a full-service healthcare real estate investment, development and management firm based in Indianapolis, has announced that it will be exploring the sale of a portfolio of medical office buildings. The portfolio which has a significant concentration in the Midwest and Southeast, totals more than 800,000 square feet. […]