News Release: Sabra Reports Fourth Quarter 2022 Results
IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the fourth quarter of 2022. FOURTH QUARTER 2022 RESULTS AND RECENT EVENTS Results per diluted common share for the fourth quarter of 2022 were as follows: Net Loss: $(0.37) FFO: $0.25 Normalized FFO: $0.37 […]
News Release: TCC and Beacon Capital Partners Begin Vertical Construction on Hyde Park Labs in Chicago
Chicago, IL | February 21, 2023 300K-SF Life Sciences Building will Promote Science and Technology Hub Near University of Chicago Campus; UChicago to Lease 55,000 Square Feet Trammell Crow Company (TCC), a global commercial real estate developer, and Beacon Capital Partners (Beacon), a leading real estate developer, owner, and manager of life science and office […]
News Release: NNN Pro Group Leads the Way in 2022 with Record Setting $5.6 Billion in Net Lease Investment Sales
NEW YORK–(BUSINESS WIRE)–NNN Pro Group, the market leading investment sales firm in the country announced that it closed a record breaking $5.6 billion across over 1,200 total net lease transactions nationwide in 2022, up over 30% since the year prior. “We are incredibly proud of the success the business experienced this year – a feat […]
News Release: RX Health & Science Trust Enters Atlanta Market thru Acquisition of Union Park
FOR IMMEDIATE RELEASE Chicago, IL (February 20, 2023) – RX Health and Science Trust (“RXHST”), an internally managed, real estate investment trust (REIT) focused on the acquisition and development of medical office facilities across the U.S., announced today the acquisition of Union Park in the Atlanta, GA MSA. The property consists of over 178,000 square […]
Feature Story: Investment outlook: Quick rebound or slow recovery?
InterFace panelists say there’s still a lot of capital flowing into the MOB space By John B. Mugford What a difference a year can make. At the InterFace Healthcare Real Estate (HRE) West conference in Los Angeles in February 2022, a panel discussion devoted to HRE investing was titled, “Who’s Buying, Who’s Selling and Transaction […]
News Release: LTC Invests $51 million for Refinance of Seniors Housing Campus in Upscale Atlanta Area
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 $51.1 million investment in Corso Atlanta by purchasing a participation in an existing mortgage loan. The new loan will be used to pay off certain current banks and LTC’s […]
News Release: First Citizens Bank Provides $50.3 Million Financing for Recapitalization of Medical Office Building Portfolio
NEWS PROVIDED BY CIT, a division of First Citizens Bank Feb 21, 2023, 09:23 ET NEW YORK, Feb. 21, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $50.3 million in financing to Montecito Medical Real Estate to recapitalize a portfolio of medical office buildings. The […]