Companies & People: Welltower taps into MOB pipelines
REIT forms separate partnerships with Aspect Health and Bremner Real Estate By John B. Mugford Although Toledo-based Welltower Inc. (NYSE: WELL) made $1.5 billion of pro rata gross investments during the second quarter (Q2), perhaps its most interesting activities related to the delivery of outpatient healthcare services came in the form of two new partnerships […]
News Release: Healthcare REIT buys South Carolina Medical Office Building in Lease back deal
FOR IMMEDIATE RELEASE Easton Group Advises on $7 million Acquisition of North Charleston Medical Office Building VP Elliot LaBreche and team negotiate seller lease-back from institutional buyer North Charleston, S.C./Miami, Fla.— (August 3, 2021)– The Easton Group, a leading commercial real estate firm in South Florida, arranged the sale of a 27,000-square-foot medical office building […]
News Release: Healthcare REIT buys South Carolina Medical Office Building in Lease back deal
FOR IMMEDIATE RELEASE Easton Group Advises on $7 million Acquisition of North Charleston Medical Office Building VP Elliot LaBreche and team negotiate seller lease-back from institutional buyer North Charleston, S.C./Miami, Fla.— (August 3, 2021)– The Easton Group, a leading commercial real estate firm in South Florida, arranged the sale of a 27,000-square-foot medical office building […]
News Release: Capital Square 1031 Acquires Medical Office Building with Long-Term Triple Net Lease in Greater Phoenix
The acquisition is on behalf of a DST investment offering that seeks to raise $5.817 million in equity from accredited investors PHOENIX (August 3, 2021) Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of a 15,286-square-foot medical office building in […]
News Release: Easterly Government Properties Reports Second Quarter 2021 Results
August 03, 2021 06:30 AM Eastern Daylight Time WASHINGTON–(BUSINESS WIRE)–Easterly Government Properties, Inc. (NYSE:DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June […]
News Release: Omega Reports Second Quarter 2021 Results and Recent Developments
Balance Sheet Strengthened Closed a New $1.45 Billion Unsecured Credit Facility Implemented a New $1.0 Billion ATM Program August 02, 2021 04:30 PM Eastern Daylight Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2021. The Company reported net income […]
News Release: Optimal Sells Tradition HealthPark to Cleveland Clinic
Optimal Outcomes Sells Major Medical Project to Cleveland Clinic for $52.5 Million Tradition HealthPark, two medical office buildings, located in Port St. Lucie, sells for $52.5 Million to Cleveland Clinic We are excited to announce that Optimal Outcomes has completed the sale of Tradition HealthPark, a two-property medical office park totaling over 100,000 SF located […]
News Release: Rethink Community acquires 21-acre site in Nashville, Tenn., for mixed-use redevelopment
FOR IMMEDIATE RELEASE The real estate company and social impact investment manager says it will be the first of a series of transformative ventures focused on empowering underserved communities across the U.S. NASHVILLE, Tenn., and WHITE PLAINS, N.Y., Aug. 2, 2021 — Rethink Community, a New York-based real estate development company and social impact investment […]
News Release: Woodside Health Announces Acquisition of Stadium Village in Surprise, AZ – Phoenix MSA
FOR IMMEDIATE RELEASE CLEVELAND, OH (July 29, 2021) – Woodside Health is pleased to announce its acquisition of Stadium Village, two buildings located at 14815 & 14823 W Bell Road in Surprise, AZ, part of the Phoenix MSA. The buildings combine for 54,000 square feet and feature a strong mix of nine tenants. The acquisition […]
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 […]
