News Release: Alexandria Real Estate Equities, Inc., at the Vanguard of the Life Science Industry, Providing High-Quality Office/Laboratory Space to Meet Historic-High Demand, Reports: 4Q21 and 2021 Net Income per Share – Diluted of $0.47 and $3.82, respectively; 4Q21 and 2021 FFO per Share – Diluted, As Adjusted, of $1.97 and $7.76, respectively
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Jan 31, 2022, 16:10 ET For the presentation, please click here. PASADENA, Calif., Jan. 31, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the fourth quarter and year ended December 31, 2021. Key highlights Operating results 4Q21 4Q20 2021 2020 Total revenues: In millions $ […]
News Release: Crown MedRealty Partners Teams Up With Prevail Real Estate Opportunities to cap off an impressive year with the acquisition of Edgewood Surgical Hospital in Transfer, Pa.
FOR IMMEDIATE RELEASE: Transfer, Pennsylvania — January 31, 2022—Crown MedRealty Partners (“CROWN”), a healthcare real estate firm headquartered in Kansas City, MO, partnered with Leawood, KS based Prevail Real Estate Opportunities to close out an impressive first year with the acquisition of Edgewood Surgical Hospital in Transfer, PA. As a physician-owned and operated hospital system, […]
News Release: New Medical Offices Open at Northwest Health – La Porte (Ind.)
1/31/2022 Today Northwest Health – La Porte (Ind.) opened its new medical office building attached to the hospital at 1331 State Street in La Porte. The approximately 40,000 square foot facility marks the completion of the new construction and transition of services from the original hospital on Lincolnway. The new building includes a combination of […]
News Release: Diversified Healthcare Trust Announces $703 Million Joint Venture for 10 Properties in Its Office Portfolio Segment
DHC to Receive Cash Proceeds of Approximately $653 Million and Retain a 20% Equity Interest in the Joint Venture Selling 80% Joint Venture Equity Interest at a 4.98% Capitalization Rate and Expected Gain on Sale of Approximately $320 Million January 31, 2022 07:00 AM Eastern Standard Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today […]
News Release: Sold – Outpatient Surgery Center | Prescott, AZ
SOLD Outpatient Surgery Center Prescott, Arizona Sale Announcement HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery center located in Prescott, AZ. Built in 2006, Tri-City Surgery Center is a state-of-the-art outpatient surgery center consisting of approximately 12,718 SF. The ASC is very well located, […]
News Release: NexCore Group and CHRISTUS Southeast Texas Health System break ground on Gisela Houseman Medical Campus in Orange, Texas
FOR IMMEDIATE RELEASE The CHRISTUS-anchored, two-story, 55,000 s.f. Phase I building will house a 24/7 emergency hospital and key outpatient diagnostic services, with the remaining space leased to independent physicians ORANGE, Texas, and DENVER, Jan. 28, 2022 –Principals of NexCore Group and leaders with CHRISTUS Southeast Texas Health System, along with a […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Administrative Agent and Sole Lead Arranger of an Acquisition Loan for a Large Transaction between KKR Real Estate Select Trust Inc. and Montecito Medical Acquisition Company.
Chicago, January 27, 2022 – BMO Harris Bank’s Healthcare Real Estate Finance group announces that it acted as administrative agent and sole lead arranger on an acquisition loan for a joint venture led by KKR Real Estate Select Trust Inc. (“KREST”) and managed by Montecito Medical Acquisition Company. The BMO loan provided financing for the […]
News Release: IRA Capital pays $106 million for California senior housing assets
January 26, 2022 Southern California private equity firm IRA Capital (“IRA”) is pleased to announce the acquisition of two newly-constructed Assisted Living and Memory Care facilities totaling 160 units in the Northern California cities of Dublin (Alameda County) and Novato (Marin County). As one of the most active players in the medical office, life science, […]
News Release: Kaiser Permanente to Build Medical Office Building in Baxter Village Mixed-Use Project
FOR IMMEDIATE RELEASE Wildomar, Calif. – January 26, 2022 – Kaiser Permanente announced today plans to build a medical office building on approximately 7 acres within the Baxter Village Mixed-Use Project located at the Northwest Corner of Wildomar Trail and Interstate 15 in the City of Wildomar. The property is entitled for a future 84,000 […]
News Release: Ascension Seton announces new women’s health tower in Austin
Ascension Seton is pleased to announce plans to build a new women’s tower on its Ascension Seton Medical Center Austin campus. The women’s tower will be a $320 million investment and part of a broader expansion and modernization plan for Ascension Seton Medical Center Austin. The tower will expand access to Ascension Seton’s comprehensive women’s […]
News Release: Gene Editing Firm, Graphite Bio, Takes +85,000 SQFT Lease at Nexus on Grand in South San Francisco
Next-generation gene editing company to occupy three full floors of ground-up, Class A life sciences development in one of the top biotech markets in the U.S. SAN FRANCISCO – (January 26, 2022) – Savills announced that it completed an 85,165-square-foot lease relocation and expansion on behalf of Graphite Bio, Inc. (NASDAQ: GRPH) at 233 East […]
News Release: Elliott Bay Acquires 4 Properties totaling 53,000 SF Across Three States
SEATTLE and NEW YORK, January 26, 2022 — A partnership of Seattle-based Elliott Bay Capital Trust (“Elliott Bay”) and New York-based Prospect Ridge has announced the acquisition of four medical properties in three separate transactions and leased to leading healthcare providers across three states. The four newly developed and 100% occupied properties located in Chubbuck, […]
News Release: Seavest and Nuveen partner in $1 Billion medical office transaction
Seavest Healthcare Properties and Nuveen Real Estate concluded the transaction in December 2021, which included a recapitalization of a portion of Seavest’s medical office portfolio NEW YORK, N.Y. and WHITE PLAINS, N.Y., Jan. 26, 2022 – Seavest Healthcare Properties, LLC, the New York City and White Plains based healthcare real estate investment management firm, a division […]
Thought Leaders: Three ways the COVID-19 pandemic has impacted healthcare real estate
By Chad DeRossett The COVID-19 pandemic has made an indelible mark on the real estate industry, and healthcare real estate has particularly had to pivot to cater to a landscape that in some ways, has been fundamentally altered. Three trends that have emerged from the pandemic’s effect on the industry include: 1) Behavioral health is […]
News Release: MedProperties Realty Advisors acquires three-building, 118,003 s.f. health campus in Iowa
FOR IMMEDIATE RELEASE The strategically located Mississippi Valley Health Campus, situated on 12.54 acres in Davenport, is 92 percent leased to a diverse mix of 15 tenants with a weighted average lease term of more than 10 years DAVENPORT, Iowa, and DALLAS, Jan. 26, 2022 – MedProperties Realty Advisors LLC today announced the acquisition of […]