News Release: Breakthrough Properties Commences Construction of One Canal by Breakthrough, a Premier Life Science Research Center Along East Cambridge Waterfront
One Canal Will Cater to Mission-Driven Companies in One of the World’s Leading Biotech Clusters BOSTON, Aug. 3, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has commenced construction on the redevelopment of One Canal […]
News Release: Global Medical REIT Announces Second Quarter 2022 Financial Results
Invests $74 Million in Medical Real Estate During Second Quarter and $121 Million Year-to-Date, with an additional $50 Million Under Contract Adds $150 Million Delayed-Draw Term Loan to Credit Facility BETHESDA, Md., Aug. 3, 2022–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that […]
News Release: The Howard Hughes Corporation® Reports Second Quarter 2022 Results
HHC reports strong financial results despite macroeconomic headwinds, driven by robust land sales, increased Operating Asset NOI, and continued momentum in condo sales HOUSTON, Aug. 3, 2022 /PRNewswire/ — The Howard Hughes Corporation® (NYSE: HHC) (the “Company,” “HHC” or “we”) today announced operating results for the second quarter ended June 30, 2022. The financial statements, exhibits […]
News Release: Diversified Healthcare Trust Announces Second Quarter 2022 Results
Net Loss Attributable to Common Shareholders of $0.46 Per Share Normalized FFO Attributable to Common Shareholders of ($0.04) Per Share August 03, 2022 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, 2022. Jennifer Francis, President and Chief Executive Officer of […]
News Release: Lab/R&D Space Market Remains Strong Despite H1 2022 Drop in Life Sciences Funding
After peaking in 2021, life sciences funding has plunged this year due to market uncertainty, falling company valuations and venture capital (VC) firms reducing their activity to focus on raising new funds. This decline was sharpest in the IPO market, with an 84% year-over-year decrease in H1 2022 funding. Life sciences companies averaged nearly 38 […]
News Release: Topping-Off Ceremony Held for 15-Story State-of-the-Art Robert Wood Johnson Medical Pavilion in New Brunswick
Developed by AST, the 229,000-square-foot building will increase access to comprehensive care in the region New Brunswick, N.J. (August 2, 2022) – AST, RWJBarnabas Health and New Brunswick Mayor James Cahill celebrated a topping-off ceremony and beam signing on what will be the ceremonial final beam of the 15-story steel frame of a state-of-the-art ambulatory medical pavilion […]
News Release: Montecito Medical Acquires Medical Office Property in Tampa Area
NASHVILLE, Tenn., Aug. 3, 2022 –(BUSINESS WIRE)–Montecito Medical has completed the acquisition of a 37,000-square-foot medical office building in Lithia, Florida. The building, which opened in 2021, is fully occupied under long-term lease by Orthopaedic Medical Group (OMG) of Tampa Bay. “This is an outstanding asset in a very attractive submarket, and we are especially […]
Thought Leaders: 2022 Q2 Healthcare Services Research Report (Colliers)
BY SHAWN JANUS AND STEPHEN NEWBOLD AUG 3, 2022 Inflation Compounds Healthcare Cost Concerns Cost containment has long been a core issue for the U.S. healthcare industry. Consumer Price Inflation (CPI) has ramped up to a four-decade high. When combined with reimbursement concerns, healthcare providers’ ability to drive down costs and sustain profit margins is […]
News Release: Medical Properties Trust, Inc. Reports Second Quarter (2022) Results
Per Share Net Income of $0.32 and Normalized FFO of $0.46 in Second Quarter 7% Growth in Per Share NFFO Versus Prior-Year Quarter Expansion of Spain Footprint Includes New Relationship with a Global Leader in Cancer Care August 03, 2022 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) […]
