News Release: New Senior Announces Second Quarter 2021 Results
July 30, 2021 07:30 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–New Senior Investment Group Inc. (“New Senior” or the “Company”) (NYSE: SNR) announced today its results for the quarter ended June 30, 2021. SECOND QUARTER 2021 FINANCIAL HIGHLIGHTS Net loss of $13.3 million, or $(0.16) per diluted share Total net operating income (“NOI”) of $29.4 […]
News Release: LTC Reports 2021 Second Quarter Results and Discusses Recent Activities
July 29, 2021 04:15 PM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the second quarter ended June 30, 2021. Net income available to common stockholders was $18.1 […]
News Release: Welltower Issues Business Update (2Q 2021)
NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:09 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/july-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 […]
News Release: Welltower Reports Second Quarter 2021 Results
NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:05 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended June 30, 2021. Recent Highlights Reported net income attributable to common stockholders of $0.06 per diluted share Reported normalized FFO attributable to common stockholders of $0.79 per diluted share Seniors Housing Operating (“SHO”) portfolio occupancy increased approximately […]
News Release: Welltower and Aspect Health Form Strategic Joint Venture to Elevate and Lead Innovation in Healthcare Real Estate Strategies
NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:05 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced the formation of a new strategic joint venture with Aspect Health, a fully-integrated real estate developer, concierge property manager, investor, and advisor focused on leading innovation in healthcare strategy and real estate development. […]
News Release: Welltower and Oakmont Management Group Announce Strategic Joint Venture Partnership
NEWS PROVIDED BY Welltower Inc. Jul 29, 2021, 16:01 ET TOLEDO, Ohio, July 29, 2021 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced the expansion of its relationship with Oakmont Management Group (“Oakmont”). Through the acquisition of new management contracts, the partnership is expected to roughly double the size of Welltower and Oakmont’s existing portfolio by […]
News Release: NexCore breaks ground on OrthoNebraska Council Bluffs MOB in suburban Omaha
The single-story, 23,000-square-foot orthopedic facility will offer clinical space and physical therapy COUNCIL BLUFFS, Iowa; OMAHA, Neb.; and DENVER, July 29, 2021 – National healthcare real estate developer NexCore Group and OrthoNebraska, the recognized leader in comprehensive orthopedic services in Omaha, gathered recently in neighboring Council Bluffs to break ground on a state-of-the-art, build-to-suit, 23,000-square-foot […]
News Release: CIT Serves as Lead Arranger of $100 Million Financing for Cornerstone Healthcare Group
NEW YORK — July 28, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings Inc. and their long-term acute care hospital division. Based in Dallas and founded in 1990, Cornerstone Healthcare Group is a diversified healthcare […]
News Release: Just Sold – State-of-the-Art MOB and ASC | 13,444 SF | Las Cruces, NM
Sold Lohman Endoscopy Center 4381 E Lohman Ave, Las Cruces, NM 88011 ANNOUNCEMENT HREA | Healthcare Real Estate Advisors announce the sale of a modern free-standing Medical Office Building and integrated specialty Ambulatory Surgery Center located in Las Cruces, NM. Consisting of approximately 13,444 square feet, the state-of-the-art MOB and ASC is located in a […]
News Release: Medical Properties Trust, Inc. Reports Second Quarter Results
Per Share Net Income of $0.19 and Normalized FFO of $0.43 in Second Quarter Per Share NFFO and AFFO Growth Exceeding 13% Compared to Prior-Year Quarter Year-to-Date Investments of More than $3.6 Billion July 29, 2021 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced […]
News Release: Cornerstone Companies MOB Fund VI Acquires 12 Medical Properties in Nine States for $48.7 Million
FOR IMMEDIATE RELEASE INDIANAPOLIS, IN (July 28, 2021) – Cornerstone Companies, Inc. has closed on its sixth medical office building portfolio; acquiring 12 healthcare real estate properties in nine states totaling more than 155,000 square feet. The properties have been acquired by Cornerstone Fund VI for $48.7 million by Cornerstone MOB Fund VI, a private […]
News Release: Remedy Medical Properties acquires Cornwall Medical Pavilion in Washington, D.C., MSA
FOR IMMEDIATE RELEASE The well-located, four-story, 95,243-square-foot medical office building sits on the Inova Loudon Hospital-Cornwall campus in Leesburg and is anchored by Loudoun Medical Group LEESBURG, Va., and CHICAGO, July 28, 2021 – Remedy Medical Properties, the nation’s largest private owner of healthcare real estate, announced today the acquisition of the four-story, 95,243-square-foot Cornwall […]
For Sale: Offering Memorandum Available – Granger Medical Clinic | 94,834 SF, Class A+, State-of-the-Art Medical Office Building
The Offering Jones Lang LaSalle, Inc. (“JLL”) Capital Markets, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire the fee simple interest in Granger Medical Clinic (“Property”), a four-story, 94,834 square foot Class A+, new construction, state-of-the-art built-to-suit medical office building located in an infill Salt Lake City MSA location […]
News Release: MedCraft Investment Partners Acquires Physician-Owned Medical Office Building in Waterford, CT
FOR IMMEDIATE RELEASE MedCraft Continues to Expand Its Medical Office Portfolio in the Northeast with the Acquisition of the Crossroads Professional Building Minneapolis, Minn. – July 27, 2021 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, is making swift headway along the Eastern Seaboard. Its most recent purchase of […]
Feature Story: MOBs keep performing, with occupancy rising to 91.7%
Revista data shows that MOB sales totaled $2.4B in Q2, putting the first -half 2021 total at $4.4B By John B. Mugford The good news continues to build for those involved in the medical office building (MOB) sector, as the product type is showing just how strong it is even as the COVID-19 pandemic continues […]