News Release: Medical Properties Trust Announces Agreement to Sell Connecticut Hospitals
Total Expected Consideration of Approximately $457 Million October 06, 2022 08:53 AM Eastern Daylight Time BIRMINGHAM, AL–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has entered into definitive agreements for the sale of three Connecticut hospitals to Prospect Medical Holdings (“Prospect”), the current lessee. Separately, Yale New Haven […]
News Release: FCPT Announces Acquisition of Three WellNow Urgent Care Properties for $8.7 Million
MILL VALLEY, Calif., Oct. 4, 2022, (BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of three WellNow Urgent Care properties for $8.7 million from ComptonAddy. The properties are […]
News Releaswe: Big Sky Medical, Dallas-Based Healthcare Real Estate Investment Management Firm, Acquires Nation’s Largest Medical Office Asset in 2022
FOR IMMEDIATE RELEASE Dallas, TX (October 4, 2022) – Big Sky Medical announces the closing of Pyramid Towers, a two-building office facility located in the heart of Dallas, Texas. Comprised of 291,328 rentable square feet, the acquisition marks the largest medical office asset to trade hands in the United States since 2018. Located due south […]
News Release: Governor McKee Announces Major Life Sciences Development Project to Move Forward in the I-195 Innovation and Design District
212,000 square foot, 7-story building funded in part by an $81.7M CDC grant will house the State’s new health lab, life sciences labs for Brown University, and additional bio-technology space ANCORA L&G selected as developer following competitive RFP process PROVIDENCE, R.I., Oct. 4, 2022, (BUSINESS WIRE)–Governor Dan McKee today announced that a major life sciences […]
News Release: Welltower Issues Business Update (October 2022)
NEWS PROVIDED BY Welltower Inc. Oct 04, 2022, 07:00 ET TOLEDO, Ohio, Oct. 4, 2022 /PRNewswire/ — In conjunction with its participation in the 3rd Annual Mizuho Healthcare REIT Conference, Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/october2022-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company […]
News Release: STAN JOHNSON COMPANY ARRANGES 1031 EXCHANGE OF FORT MYERS, FLORIDA NURSING FACILITY FOR $46.7 MILLION
FORT MYERS, Fla., Oct. 3, 2022 — Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed the sale of a four-star skilled nursing facility located at 13960 Plantation Road in Fort Myers, Florida. The 57,650-square-foot building is fully leased to Lee Memorial Health, a Southwest Florida community-owned health system. The […]
News Release: Ridgeline Capital Partners Acquires Medical Office Building in Houston, Texas
DALLAS, Texas, Oct. 3, 2022 – Ridgeline Capital Partners (“Ridgeline”), an owner of healthcare real estate, is pleased to announce that the firm has closed on the acquisition of a medical office building located at 4120 Southwest Freeway, Houston, Texas. River Oaks Medical Center is a two story, 38,236 square foot medical office building at […]
Feature Story: Investors are being more cautious
InterFace conference panelists discuss their strategies in a volatile market By John B. Mugford A recession might be looming (if it’s not already here), interest rates are on the rise and landing debt financing for making acquisitions in the healthcare real estate (HRE) space is perhaps as difficult as it’s been for a number of […]
News Release: Woodside Health sells 23,328-square-foot medical office building in Novi
JLL closes sales on 97 percent occupied Novi Wellness Center DETROIT, October 3, 2022 — JLL is pleased to announce that Woodside Health sold the Novi Wellness Center, a 23,328-square-foot office building located at 39500 West Ten Mile Rd. in Novi, Michigan, to private equity firm Excelsior Capital. The property, which is 97 percent occupied, […]
News Release: BioMed Realty partners with Babraham Research Campus Limited to expand the Campus and its ecosystem
BioMed Realty and Babraham Research Campus Ltd to deliver 40,000 square foot building through a new joint venture This development represents BioMed’s investment in its third building on the Campus and provides much needed space for scale-ups in the Cambridge, UK market The joint venture anticipates investing an additional £26 million to develop this facility […]
