Transactions: Biggest deal of 2021 so far
Nuveen-NexCore acquire MOB and life science portfolio for $620.4M; price for the 27 MOBs was $463M By John B. Mugford After a rather lackluster first half of 2021 for medical office building (MOB) sales, the year’s largest deal to date is grabbing plenty of headlines. And rightly so, as a partnership of Chicago-based Nuveen Real […]
News Release: Nuveen and Nexcore Announce $620.4 Million, 29-Asset Healthcare Portfolio Acquisition
The 1,165,173-square-foot portfolio across 13 states, purchased from IRA Capital, is the latest in a series of acquisitions made by the strategic partnership since the two firms began collaborating in 2020 The Dignity Health Medical Office Building in Surprise, Ariz., (top) and Mount Sinai – Long Island at 1155 Northern Blvd. in Manhasset, N.Y., (bottom) […]
News Release: HREI opens nominations for 2021 HREI Insights Awards. Entries are due 5 p.m. CDT Friday, Sept. 24, 2021.
Healthcare Real Estate Insights™ magazine announces that entries are now open for the Ninth Annual HREI Insights Awards, recognizing excellence in healthcare real estate. Entries are due 5 p.m. CDT Friday, Sept. 24, 2021. About the HREI Insights Awards™ The HREI Insights Awards™ were established by Healthcare Real Estate Insights™ magazine in 2013 to recognize excellence in healthcare real […]
News Release: IRA Capital Completes Sale of Medical Office and Life Science Portfolio to Nuveen for $620.4 Million
August 9, 2021 – IRA Capital (“IRA”), a Southern-California based private equity firm and one of the largest private buyers of healthcare real estate in the United States, has completed the sale of a medical office and life science portfolio to Nuveen Real Estate for $620.4 Million. The portfolio totals over 1,165,173 square feet consisting […]
News Release: Physicians Realty Trust Reports Second Quarter 2021 Financial Results
Announces $0.08 Net Income per Share and $0.26 Normalized FFO per Share for the Second Quarter of 2021 Second Quarter and Recent Highlights: Reported second quarter 2021 total revenue of $112.9 million, an increase of 3.5% over the prior year period. Generated second quarter net income per share of $0.08 on a fully diluted basis. […]
News Release: Global Medical REIT Announces Second Quarter 2021 Financial Results
Completes $140 Million of Acquisitions Year-to-Date Raises $51 Million of Common Equity During the Second Quarter and $201 Million Year-to-Date August 03, 2021 04:05 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 […]
News Release: CareTrust REIT Announces Second Quarter 2021 Operating Results
Conference Call Scheduled for Friday, August 6, 2021 at 1:00 pm ET August 05, 2021 16:12 ET | Source: CareTrust REIT, Inc. SAN CLEMENTE, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) — CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended June 30, 2021, as well as other recent events. For the quarter, CareTrust REIT reported: […]
News Release: Hammes Healthcare celebrates groundbreaking of new Genesis Coshocton Medical Center
Genesis HealthCare engaged Hammes as its project manager for the new 60,000-square-foot medical center, which is expected to open in 2023. MILWAUKEE (PRWEB) AUGUST 25, 2021 Hammes Healthcare, a leading provider of consulting and project delivery services, celebrated the recent groundbreaking for the new Genesis Coshocton Medical Center in Coshocton, Ohio. Genesis HealthCare engaged Hammes […]
News Release: Allianz expands its US debt portfolio with USD 234m financing of 27 medical office properties
NEWS PROVIDED BY Allianz Real Estate Aug 06, 2021, 09:08 ET NEW YORK, Aug. 6, 2021 /PRNewswire/ — Allianz Real Estate, acting on behalf of several Allianz group companies, has completed a USD 234m lending investment for a joint venture between the Nuveen U.S. Cities Office Fund and a third party institutional capital partner, collateralized by a crossed portfolio […]
News Release: Medistar and Healthcare Trust of America, Inc., Break Ground on Horizon Tower and Top Out Life Tower at Texas A&M Innovation Plaza in Houston
For Immediate Release Horizon Tower will Offer Class A Life Sciences and Medical Space, Life Tower will Include Student Housing Beds HOUSTON, August 5, 2021 – Medistar Corp. and Healthcare Trust of America, Inc., have broken ground on Horizon Tower, a new life sciences and medical building, have topped out Life Tower, a student housing […]
News Release: Ventas Reports 2021 Second Quarter Results
August 06, 2021 06:55 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2021. “Ventas delivered strong second quarter results driven by outstanding sequential occupancy improvement and organic net operating income growth in our Senior Housing Operating Portfolio (“SHOP”) segment, Office […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of $17 million Credit Facility for a Joint Venture advised by Heitman and managed by Montecito Medical Acquisition Company
Chicago, July 2021 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it has closed on a $17 million term loan for a Joint Venture arranged by Heitman (Heitman LLC), a global real estate investment management firm, and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the acquisition of […]
News Release: Done Deal: Takin’ Care of Business in Milwaukee
Sale of 130,000-square-foot medical office building in Milwaukee, Wisconsin Blueprint MOB team leverages local knowledge and relationships to successfully execute sale for long-standing client Hired by the public REIT seller to market this Class A asset, Blueprint’s MOB team successfully sourced multiple local bidders to create a competitive process and maximize proceeds for their client. […]
News Release: Healthcare Realty Trust Reports Results for the Second Quarter
Healthcare Realty Trust Reports Results for the Second Quarter August 04, 2021 17:10 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Aug. 04, 2021 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the second quarter ended June 30, 2021. The Company reported net income of $23.1 million, or $0.16 per diluted common share, […]
News Release: Diversified Healthcare Trust Announces Second Quarter 2021 Results
Second Quarter Net Loss Attributable to Common Shareholders of $0.14 Per Share Second Quarter Normalized FFO Attributable to Common Shareholders of $0.05 Per Share August 04, 2021 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2021. “In the second quarter of […]
