News Release: LTC Closes $36 Million Investment in Four-Property Assisted Living Portfolio and Land Parcel
May 12, 2022 09:30 AM Eastern Daylight Time WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced a $36.0 million investment for the refinancing of debt on four assisted living communities and a land parcel. The four assisted living […]
News Release: Hudson Regional Hospitals acquires Hell’s Kitchen commercial building
JLL Capital Markets arranges $15 million sale of three-story property on behalf of longtime family owners NEW YORK, May 11, 2022 – JLL Capital Markets team has arranged the $15 million sale 456 West 55th St., a three-story commercial building located in the Hell’s Kitchen neighborhood of New York City. JLL marketed the property on […]
News Release: Davis sells Ohio medical building to Physicians Realty Trust for $28 million
News Release The Minneapolis-based firm acquired the New Albany Medical Building II in upscale New Albany near Columbus in 2019 and extensively renovated and leased it up NEW ALBANY (COLUMBUS), Ohio, and MINNEAPOLIS, May 11, 2022 – Minneapolis-based Davis announced today that it has sold the 59,233-square-foot, New Albany Medical Building II on the Mount […]
News Release: Hilco Redevelopment Partners Announces Integra To Occupy New Braintree Facility
NEWS PROVIDED BY Hilco Redevelopment Partners May 11, 2022, 08:00 ET BRAINTREE, Mass., May 11, 2022 /PRNewswire/ — Hilco Redevelopment Partners (HRP) announced that Integra LifeSciences,NASDAQ: IART (https://www.integralife.com/home), a leading global medical technology company, will occupy approximately 100,000 square feet of HRP’s newly redeveloped state-of-the-art life science space at 400 Wood Road in Braintree, MA. […]
Feature Story: A delicious MOB deal came together over breakfast
BOMA MOB conference panel provides a glimpse at how their biggest transactions were done By John B. Mugford There are many ways to cook up a healthcare real estate (HRE) deal. Some follow the usual recipe, as when a brokerage firm hired by the seller puts a medical office building (MOB), or a portfolio of […]
News Release: Welltower Reports First Quarter 2022 Results
NEWS PROVIDED BY Welltower Inc. May 10, 2022, 16:30 ET TOLEDO, Ohio, May 10, 2022 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2022. Recent Highlights Reported net income attributable to common stockholders of $0.14 per diluted share Reported normalized FFO attributable to common stockholders of $0.82 per diluted share, exceeding the midpoint of guidance range Reported normalized FFO […]
News Release: Welltower Announces Expansion of Strategic Partnership with Oakmont Management Group
NEWS PROVIDED BY Welltower Inc. May 10, 2022, 16:05 ET TOLEDO, Ohio, May 10, 2022 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) or the “Company” today announced the deepening of its strategic partnership with Oakmont Management Group (“Oakmont”), a leading West Coast operator of Class A communities focused on specialized resident health and wellness programming. The Company […]
News Release: Welltower Issues Business Update (May 2022)
NEWS PROVIDED BY Welltower Inc. May 10, 2022, 16:38 ET TOLEDO, Ohio, May 10, 2022 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/may2022-business-update About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The […]
News Release: Skender Begins Structural Construction for Indiana University Health Capitol View in Downtown Indianapolis
May 10, 2022 Skender, a leading construction firm based in Chicago and Indianapolis, announces its work with Meyer Najem Construction on the new Indiana University Health (IU Health) Capitol View medical office building and parking garage. IU Health is currently undergoing a major transformation and expansion within its downtown Indianapolis medical campus. The new facility […]
News Release: Skender Begins Structural Construction for Indiana University Health Capitol View in Downtown Indianapolis
May 10, 2022 Skender, a leading construction firm based in Chicago and Indianapolis, announces its work with Meyer Najem Construction on the new Indiana University Health (IU Health) Capitol View medical office building and parking garage. IU Health is currently undergoing a major transformation and expansion within its downtown Indianapolis medical campus. The new facility […]
News Release: Trammell Crow Company and CBRE Investment Management Announce Plans for 116,000SF Life Science Development in San Diego
San Diego, CA | May 10, 2022 Trammell Crow Company (TCC), a global commercial real estate developer, in partnership with CBRE Investment Management on behalf of a separate account client, announced plans for Vista Sorrento Labs, a 116,000-square-foot life science development in the Sorrento Mesa submarket of San Diego. The purpose-built life science building marks […]
News Release: NexCore Group Hires Carolyn Wilson as Strategy and Planning Advisor
FOR IMMEDIATE RELEASE Ms. Wilson previously served as Chief Operating Officer for two major non-profit healthcare systems as well as an academic medical center Carolyn Wilson has joined NexCore Group as a Strategy and Planning Advisor. DENVER, May 11, 2022 – Denver-based NexCore Group, a national healthcare real estate (HRE) developer, today announced Carolyn Wilson, […]
News Release: Recently Sold – Crossbridge Behavioral Health (Montgomery, Ala.)
Newmark Global Healthcare Services RECENTLY SOLD Crossbridge Behavioral Health Inpatient/Outpatient Psychiatric Care Center Montgomery, AL Total SF: 41,326 SF Sales Price: $13.4M Sale Date: April 2022 Bryan Walsh Associate Director Global Healthcare Services 312.224.3962 bryan.walsh@nmrk.com Todd Perman, CCIM Vice Chairman Global Healthcare Services 404.806.2510 todd.perman@nmrk.com Local AL License John Cobb
News Release: Montecito Medical Acquires Two Medical Buildings in Rochester (N.Y.) Area
Properties tenanted by University of Rochester Medicine FOR IMMEDIATE RELEASE May 10, 2022 Montecito Medical has completed the acquisition of a two-property medical office portfolio in the Rochester, New York, suburb of Penfield. The two buildings, approximately one block apart from each other, have a total of approximately 40,000 rentable square feet. Both properties are […]
News Release: Greene Park Capital Collaborates With Canadian Healthcare REIT on $602 Million Real Estate Transaction
May 10, 2022 07:00 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Greene Park Capital, a healthcare real estate investment firm, announced the close of a $602 million transaction in collaboration with its capital partner, a Canadian healthcare real estate investment trust, marking the REIT’s entry into the U.S. The portfolio includes 27 specialized healthcare real estate assets […]