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”) […]
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 […]
News Release: Healthpeak Properties Reports Second Quarter 2022 Results
DENVER, Aug. 2, 2022 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the second quarter ended June 30, 2022. SECOND QUARTER 2022 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.13 per share, Nareit FFO of $0.44 per share, FFO as Adjusted of $0.44 per share, and blended Total Same-Store Portfolio […]
News Release: Owner of Tampa-area medical office chooses Montecito Medical
LITHIA, Fla., August 2, 2022 — 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 […]
News Release: Guardian Realty Investors Announce New Life Sciences Laboratory at 20400 Observation Drive, Germantown, MD
GERMANTOWN, MD (AUGUST 2022) – Guardian Realty Investors, LLC announced their new life sciences lab location at 20400 Observation Drive, Germantown MD, known as OBSERVATION LABS. This re-imagined former industrial and technology building will also provide extraordinary amenities, gathering spaces and best-in-class finish levels. Guardian is a developer and operator of office, multi-family and specialized […]
News Release: EASTERLY GOVERNMENT PROPERTIES REPORTS SECOND QUARTER 2022 RESULTS
WASHINGTON, D.C. – August 2, 2022 – Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended June 30, […]
News Release: CBRE Facilitates Sale of 28,700-SF Office and Medical Building in Chula Vista for $8.8 Million ($318/PSF)
CHULA VISTA, Calif., Aug. 2, 2022 — CBRE arranged the sale of a 28,700-sq.-ft. office and medical building in Chula Vista for $8.8 million, or $318 per square foot, to an out-of-town private investor. CBRE’s Matt Pourcho, Anthony DeLorenzo, Matt Harris, Chris Williams and Ramin Salehi represented the seller, Coseo Properties Inc. “We continue to […]
News Release: Riverside Doctors’ Hospital Williamsburg Breaks Ground on On-Campus Medical Office Building
Williamsburg, Va., Aug. 2, 2022 — Today, Riverside Doctors’ Hospital Williamsburg (RDHW) held a celebratory groundbreaking ceremony to commemorate the construction for an on-campus medical office building (MOB) scheduled to open in Spring of 2024. The MOB will integrate the specialty services offered in Williamsburg onto RDHW’s campus to better serve the community and streamline […]
Life Sciences: Red-hot LSRE sector poised for a bit of a cooldown
However, panelists at recent LSRE conference in San Diego remain bullish on the space By John B. Mugford SAN DIEGO – For the past decade or so, the life sciences real estate (LSRE) sector has been a “magical” space for facility owners. That’s because the LSRE sector – which primarily includes office/lab space, but also encompasses […]