Transactions: Healthpeak makes $371 million, 14-MOB, 833,000 square foot portfolio acquisition
The seller was not disclosed, but industry sources say it was Harrison Street By John B. Mugford In a significant deal that took place in recent weeks, Denver-based Healthpeak Properties Inc. (NYSE: PEAK) on April 30 acquired a 14-property, 833,000 square foot medical office building (MOB) portfolio for $371 million. News of the purchase surfaced […]
Feature Story: MOB sales slowed in Q1, but it’s still early for 2021
Revista principals share data on sales, construction, leasing and more By John B. Mugford After the medical office building (MOB) sales volume rallied in late 2020 to finish off what could be considered a surprisingly strong 2020 – considering that COVID-19 pandemic started early in the year – 2021 is not necessarily off to a […]
Feature Story: Kind words for MOBs, life sciences
ULI session praises the ‘durable cash flows’ of ‘alternative’ product types By Murray W. Wolf As part of the virtual version of the 2021 ULI Spring Meeting, the Health Care and Life Sciences Council (HCLSC) is scheduled to hold several Zoom meetings next week. But healthcare and life sciences were already being talked about this […]
News Release: NHI Announces First Quarter 2021 Results
Monday, May 10, 2021 4:30 PM MURFREESBORO, TN / ACCESSWIRE / May 10, 2021 / National Health Investors, Inc. (NYSE:NHI) announced today its results for the three months ended March 31, 2021. Financial Results Net income attributable to common stockholders per diluted common share for the three months ended March 31, 2021 was $0.78, a decrease […]
News Release: Newmark Completes $55.2 Million Sale of Andover Medical Center in Andover, MA
FOR IMMEDIATE RELEASE Boston, MA (May 10, 2021) — Newmark announces the $55.2 million sale of Andover Medical Center, a trophy medical office complex located in the Boston suburb of Andover, Massachusetts. Newmark Co-Head of U.S. Capital Markets Robert Griffin, Executive Managing Director Frank Nelson, Senior Managing Director Michael Greeley, Director Blake McLaughlin and Associate […]
News Release: Anchor Health Properties Commences Construction on a 100,000 Square Foot Behavioral Health Inpatient Hospital
FOR IMMEDIATE RELEASE May 10, 2021 (Media, PA) – In an effort to increase accessibility to comprehensive behavioral health services, Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, and The MetroHealth System (MetroHealth), a nationally ranked non-profit, public health care system located in […]
News Release: RealSource Launches New Investment Sales Division and Names Austin Blodgett as Vice President
FOR IMMEDIATE RELEASE: RealSource Launches New Investment Sales Division and Names Austin Blodgett as Vice President NEWPORT BEACH, Calif. – RealSource Group, a commercial real estate brokerage company focused on healthcare, retail and educational properties nationwide and trailblazer of the national master brokerage platform, announced today the launch of its new investment sales division. Austin […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Closes Sale of Anderson Ferry Plaza (Cincinnati)
For Immediate Release $4.2M Sale of Well-Located MOB in Cincinnati Suburbs CHICAGO, May 7, 2021 – Cushman & Wakefield announced today that the firm’s Healthcare Capital Markets team has completed the $4.2 million sale of Anderson Ferry Plaza, a 43,599-square-foot medical office building (MOB) in Cincinnati, Ohio. Cushman & Wakefield Managing Directors Gino Lollio, Scott […]
News Release: Flagship Healthcare Properties Expands Presence In Tennessee
Manages Two More Medical Office Buildings in Knoxville, Enters Nashville Market NEWS PROVIDED BY Flagship Healthcare Properties, LLC May 07, 2021, 09:00 ET CHARLOTTE, N.C., May 7, 2021 /PRNewswire/ — Flagship Healthcare Properties (Flagship) has been retained to manage three medical office buildings (MOBs) in Knoxville and Nashville, Tennessee, bringing the total to five properties in […]
News Release: Ventas Reports 2021 First Quarter Results
May 07, 2021 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2021. “Our strong, diverse and high-quality portfolio delivered better than expected financial results in the first quarter, driven by outperformance in our Senior Housing Operating Portfolio (“SHOP”) and […]
News Release: Occupancy at U.S. skilled nursing facilities shows signs of stabilization
February NIC MAP® Data Tick Upward May 6, 2021, 4:30 ET — Occupancy at U.S. skilled nursing facilities increased to 71.2 percent in February 2021 compared to 70.7 percent from the previous month, according to NIC MAP® data prepared and released by NIC MAP Vision. This brought the occupancy rate back to its December 2020 […]
News Release: CareTrust REIT Announces First Quarter 2021 Operating Results
Conference Call Scheduled for Friday, May 7, 2021 at 12:00 pm ET May 06, 2021 16:12 ET | Source: CareTrust REIT, Inc. SAN CLEMENTE, Calif., May 06, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended March 31, 2021, as well as other recent events. For the quarter, CareTrust REIT reported: […]
News Release: Healthcare Trust Of America, Inc. Reports Record First Quarter 2021 Earnings And Tightens 2021 Earnings Guidance
Scottsdale, Arizona (May 6, 2021) – Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three months ended March 31, 2021. First Quarter 2021 Highlights: Reported net income attributable to common stockholders of $0.10 per diluted share. Reported Funds From Operations (“FFO”) as defined by NAREIT of $0.44 per diluted share, a record level […]
News Release: NexCore Celebrates Grand Opening of New Banner Health Center plus in Glendale, Ariz.The three-story, 128,413-square-foot multispecialty facility offers comprehensive care, innovative features
FOR IMMEDIATE RELEASE The three-story, 128,413-square-foot multispecialty facility offers comprehensive care, innovative features GLENDALE, Ariz., and DENVER, May 6, 2021 — National healthcare real estate developer NexCore Group and Banner Health gathered recently in Glendale for the grand opening celebration of Banner Health’s newest multispecialty health center. The three-story, 128,413-square-foot Banner Health Center plus is the […]
News Release: CIT Serves as Sole Lead Arranger of $17.4 Million Financing for Medical Office Buildings in Bakersfield, California
NEW YORK — May 6, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger on a $17.4 million loan to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, California. The medical office building portfolio includes more than 65,000 square feet, […]