News Release: Experience Senior Living Development Announces New Community in Richmond, Virginia
Construction has commenced on 103 units, consisting of 79 assisted living and 24 memory care units, in Atlee, near Richmond. The community will be the first to be operated by Experience Senior Living. RICHMOND, VA. AND DENVER, COLO. (PRWEB) APRIL 26, 2022 Experience Senior Living Development (ESLD), a NexCore-owned company, announced today that it plans […]
News Release: Universal Health Realty Income Trust Reports 2022 First Quarter Financial Results
NEWS PROVIDED BY Universal Health Realty Income Trust Apr 25, 2022, 16:20 ET Consolidated Results of Operations – Three-Month Periods Ended March 31, 2022 and 2021: KING OF PRUSSIA, Pa., April 25, 2022 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2022, net income was $5.4 million, or $.39 per diluted share, as […]
News Release: Ventas Confirms End of Proxy Contest Following Withdrawal of Nominations by Land & Buildings
April 25, 2022 02:08 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today confirmed that, with the 2022 Annual Meeting results imminent this week, Land & Buildings has withdrawn its nomination of proxy fight candidate Jonathan Litt, who Land & Buildings previously nominated to stand for election to the Ventas […]
News Release: Rising Construction Tide Lifts Office-To-Lab Conversions
Dallas, TX Life sciences hubs showing the largest percentage gains in conversion activity include Los Angeles, San Francisco, Boston 25 Apr 2022 A sharp increase in construction of life sciences labs in the U.S. has included big gains in a premium category: conversions of office buildings to labs. According to a new report from CBRE, […]
News Release: Houston Methodist Building 26-Story Centennial Tower
HOUSTON – April 25, 2022 Houston Methodist has begun site preparation for a 26-story hospital tower in the Texas Medical Center that will house a new and larger emergency department, enhanced imaging services and hundreds of additional hospital beds to serve a growing patient population. Houston Methodist will open Centennial Tower in 2027. Architect – […]
News Release: Vitalis Acquires Henry Ford Health MOB for $15 million
The transaction closed on April 22nd, 2022. Vitalis and Advenir, acquired a 37,562 SF medical office building in West Bloomfield, MI, 100% occupied by Henry Ford Health on a NNN lease. The building sold for $15,050,000 on April 22nd. Henry Ford Medical Center is strategically located on a heavily trafficked corner 1.5 miles from the […]
News Release: MedCraft Investment Partners Acquires 37,643 SF MOB in Michigan
Multispecialty building located next to destination health campus Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the three-story, 37,643 square foot MOB located at 11885 E. 12 Mile Road in Warren, Michigan. The newly renovated building sits on 2.78 acres and is […]
News Release: MedCraft Investment Partners Acquires 31,152 SF MOB in Columbia, MO
Continuing to add specialist-focused medical office buildings to their portfolio Minneapolis, Minn. – April 22, 2022 – MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, acquired the two story, 31,152 SF MOB in Columbia, Missouri. The building at 105 N. Keene Street sits on 4 acres and is located in […]
News Release: PMB & Dignity Health Break Ground on a 45,000 SF Medical Building in Gilbert, AZ
NEWS PROVIDED BY PMB Apr 21, 2022, 14:49 ET As its 3rd project together, the new facility will bring much-needed health care services alongside a graduate medical education program to the East Valley. GILBERT, Ariz., April 21, 2022 /PRNewswire/ — A celebratory groundbreaking ceremony took place on Wednesday, April 20, 2022 to mark the commencement of […]
News Release: Brandywine Realty Trust Announces First Quarter (2022) Results
Press Release Apr 20, 2022 PHILADELPHIA, April 20, 2022 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2022. Management Comments “We continue to experience increased levels of physical occupancy and traffic as tenants focus on higher quality, well amenitized buildings,” stated Gerard […]
News Release: Brasfield & Gorrie Completes Roxboro at Venable Center (Durham, N.C.)
April 20, 2022 The Research Triangle’s presence in the in-demand life sciences market has increased with the completion of the Roxboro at Venable Center in Durham, North Carolina, by general contractor Brasfield & Gorrie. The eight-story, mixed-use building includes 213,000 sq ft of shell office and lab space, including: Efficient floorplates Two independent sky deck lounges A […]
News Release: Healthcare M&A Market Remains Strong in Q1:22 Despite Slowdown, According to Acquisition Data from Irving Levin Associates
Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according to new acquisition data from Irving Levin Associates NEW CANAAN, CONN. (PRWEB) APRIL 20, 2022 Health care merger and acquisition activity remained strong in the first quarter of 2022, hitting a near-record 712 deals, according […]
Transactions: Canadian REIT closes on $601.9M U.S. portfolio acquisition
Deal included 27 assets totaling 1.2M s.f.; Harrison Street was the seller, JLL the broker By Murray W. Wolf Toronto-based NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) confirmed yesterday (April 19) that it has closed on its previously announced $601.9 million (U.S.) / $764.3 million (Canadian) acquisition of 27 healthcare properties totaling about […]
News Release: Meridian Sells Historic 53,000 SF Medical Office Building in Phoenix for $17.9 Million
FOR IMMEDIATE RELEASE: PHOENIX, Ariz. – Meridian, a full-service owner, operator, and investor of healthcare real estate, is pleased to announce that the company has closed escrow on the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000-square-foot medical office building in Phoenix, Arizona, Meridian has sold the building to a private […]
News Release: Harrison Street Sells $600 Million Portfolio Of Medical Office Properties
Highly Complex Transaction Comprises 27 Assets Held in Multiple Funds and More Than 1.2 Million Rentable Square Feet Across 10 States CHICAGO — April 19, 2022 — Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, today announced the sale of 27 medical office building assets valued at approximately […]
