News Release: Global Medical REIT Announces Third Quarter 2022 Financial Results
Invests $51 Million in Medical Real Estate During Third Quarter and $149 Million Year-to-Date Adds $150 Million Term Loan to Credit Facility 80% of Overall Indebtedness is Fixed-Rate Debt November 02, 2022 04:05 PM Eastern Daylight Time BETHESDA, Md.–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate […]
News Release: Diversified Healthcare Trust Announces Third Quarter 2022 Results
Net Loss Attributable to Common Shareholders of $0.34 Per Share Normalized FFO Attributable to Common Shareholders of ($0.06) Per Share November 02, 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 September 30, 2022. Jennifer Francis, President and Chief Executive Officer of DHC, […]
News Release: Omega Reports Third Quarter 2022 Results and Recent Developments
Completed $87 Million in New Investments November 02, 2022 04:15 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 September 30, 2022. THIRD QUARTER 2022 AND OTHER HIGHLIGHTS Net income for the quarter of $105 million, or $0.43 per […]
News Release: Flagship Healthcare Trust Acquires Surgery Center In Lecanto, Florida
CHARLOTTE, N.C.— Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of the Class A, 100% leased, Citrus Surgery Center in Lecanto, Florida. Located at 110 North Lecanto Highway, the 11,312 square-foot multispecialty ambulatory surgery center (ASC) features four operating rooms and one procedure room. The property is […]
News Release: Transwestern Brokers Sale Of River Oaks Medical Center (Houston)
Press Release November 02, 2022 HOUSTON – Transwestern Real Estate Services (TRS) announces its Houston Healthcare Advisory Services team has brokered the sale of River Oaks Medical Center, a 37,786-square-foot Class B medical office building in Greenway Plaza. Transwestern’s Executive Managing Director Justin Brasell represented the seller, Enclave Management, in the disposition of the asset. […]
Thought Leaders: Healthcare sector persists despite mounting pressures and disruptions
The pandemic’s lasting impression on healthcare gives way to industry expansion, more patient choices and evolving capital sources CHICAGO, Nov. 2, 2022 – The last few years tested the healthcare industry in unanticipated ways, adding stress on systems to contain costs in a tight labor market all while preparing for economic uncertainty. Despite the challenges, […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate acquire $10.75 million MOB in Cleveland suburb
FOR IMMEDIATE RELEASE Remedy Medical Properties: Tracy Hindman, SVP | Brand & Marketing, 303-809-6395, thindman@remedymed.comThe 34,519-square-foot Atrium of Brunswick is 100 percent leased by gastroenterology group One GI and MetroHealth, which operates a primary care and pediatrics clinic in the medical office building BRUNSWICK, Ohio, and CHICAGO, Nov. 2, 2022 – Joint venture (JV) partners […]
News Release: Cushman & Wakefield Arranges Record-Setting Sale of Medical Office Building in Lake Mary
For Immediate Release ORLANDO, Florida, November 02, 2022 – Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a 5,000-square-foot (sf) medical office building located within Central Parc at Heathrow in Lake Mary, Florida. The final sale price was $2.25 million, equating to a record-setting $440 psf. Anne […]
Feature Story: Q3 MOB sales dipped; fundamentals still strong
In its subscriber webcast, RevistaMed data shows that occupancy, absorption remain high By John B. Mugford A recession is likely looming (if it’s not already upon us), difficulties in obtaining debt could be slowing down the sales of medical office buildings (MOBs), and rising costs, supply chain difficulties and labor shortages might be causing delays […]
