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News Release: Global Medical REIT Announces First Quarter 2023 Financial Results

News Release: Global Medical REIT Announces First Quarter 2023 Financial Results

May 03, 2023 04:15 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 investment trust (REIT) that owns and acquires healthcare facilities and leases those facilities to physician groups and regional and national healthcare systems, today announced financial results for the three […]

2300 Market by Breakthrough

News Release: Breakthrough Properties Closes Financing and Commences Construction on World-Class Life Sciences Development in Premier Philadelphia Location

NEWS PROVIDED BY Breakthrough Properties May 03, 2023, 15:11 ET “2300 Market by Breakthrough” in Center City is fast-tracked for delivery in 2024 PHILADELPHIA, May 3, 2023 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has closed […]

News Release: CURE Daily medical wellness center signs lease at LA area Four Seasons Hotel

News Release: CURE Daily medical wellness center signs lease at LA area Four Seasons Hotel

JLL represented landlord in the lease LOS ANGELES, May 3, 2023 –– Bringing premier health and wellness services to the hotel industry, JLL announced today that CURE Daily medical wellness center has signed a 7,367-square-foot lease at Four Seasons Hotel Westlake Village located at Two Dole Drive in Westlake Village, California. Cure Daily will use […]

Feature Story: Amid market uncertainty, investors share some strategies

Feature Story: Amid market uncertainty, investors share some strategies

BOMA panelists discuss acquisitions, dispositions and joint ventures By John B. Mugford CHICAGO – As we move further into 2023, there are so many questions about the current slowdown in the healthcare real estate (HRE) acquisitions market, with a heavy emphasis on medical office buildings (MOBs) and where things are headed for the remainder of […]

News Release: Trammell Crow Selects Transwestern To Lease The John Carlyle Center For Health & Wellness

News Release: Trammell Crow Selects Transwestern To Lease The John Carlyle Center For Health & Wellness

ALEXANDRIA, Va., May 3, 2023 – Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Healthcare Advisory team has been selected by Trammell Crow Company as its leasing partner for The John Carlyle Center for Health & Wellness, a 107,326-square-foot medical mixed-use development at 765 John Carlyle Street in Alexandria, Virginia. Transwestern’s Joseph McCormick, Ken Smondrowski […]

News Release: Welltower Issues Business Update

TOLEDO, Ohio, May 2, 2023 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: welltower.com/may2023-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 Company invests with leading seniors housing operators, post-acute providers […]

News Release: Omega Reports First Quarter 2023 Results and Recent Developments

News Release: Omega Reports First Quarter 2023 Results and Recent Developments

Completed the Transition of 4 Operator Portfolios Year-to-Date Completed $276 Million in New Investments Year-to-Date May 02, 2023 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 March 31, 2023. FIRST QUARTER 2023 AND RECENT HIGHLIGHTS Net income […]

News Release: NYC Health + Hospitals/South Brooklyn Health Celebrates the Opening of the New Ruth Bader Ginsburg Hospital

News Release: NYC Health + Hospitals/South Brooklyn Health Celebrates the Opening of the New Ruth Bader Ginsburg Hospital

The Ginsburg family joined hospital staff, elected officials and community leaders from across the city to recognize New York City’s first new public hospital since 1982 Nearly $1 billion project features a storm-resilient design, a flood-proof Emergency Department, private patient rooms and state-of-the-art equipment to serve South Brooklyn and its neighboring communities The Ruth Bader […]

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Companies & People: Five questions for Jim Pisula

Pinecroft Realty’s new CEO succeeds his brother, Tom Pisula, at the helm of HRE-focused firm By John B. Mugford For starting out as a side business of an energy trader back in 2003, The Woodlands, Texas-based Pinecroft Realty has done rather nicely in the healthcare real estate (HRE) sector. The full-service commercial real estate firm, […]

News Release: Catalyst and National Real Estate Advisors Start Construction on PAM Health's New Inpatient Rehabilitation Hospital

News Release: Catalyst and National Real Estate Advisors Start Construction on PAM Health’s New Inpatient Rehabilitation Hospital

May 2, 2023 PENSACOLA, FL – Catalyst Healthcare Real Estate (Catalyst), a full-service healthcare real estate investment firm, and National Real Estate Advisors, LLC (National), an investment manager developing and managing large-scale real estate projects on behalf of its clients, begin the development of a 49,000 square foot inpatient rehabilitation hospital (IRH) in Winter Garden, […]

News Release: Hammes breaks ground on new medical office building in Buckeye, Arizona

News Release: Hammes breaks ground on new medical office building in Buckeye, Arizona

Milwaukee, WI and Buckeye, AZ, May 2, 2023 – Hammes, a nationally recognized leader in healthcare development, broke ground on a new 48,000-square-foot, multi-tenant medical office building in Buckeye, Arizona on May 1. Conveniently located at the southeast corner of Watson Road and Sundance Parkway, the new Buckeye Medical Plaza will be visible from Watson […]

News Releases: Montecito Medical Acquires Medical Office Building in Cincinnati

News Releases: Montecito Medical Acquires Medical Office Building in Cincinnati

May 02nd 2023 Real Estate, News Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a 15,000-square-foot medical building in Cincinnati, Ohio. The property is 100% leased to Bon Secours Mercy Health, a leading health system in the region. “We are very pleased to acquire this outstanding medical real […]

News Release: Welltower Reports First Quarter 2023 Results

TOLEDO, Ohio, May 2, 2023 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2023. Recent Highlights Reported net income attributable to common stockholders of $0.05 per diluted share Reported normalized funds from operations (“FFO”) attributable to common stockholders of $0.85 per diluted share Reported total portfolio year-over-year same […]

News Release: CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship

SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area. The facilities will be operated by affiliates of Chapters Living, LLC, a new operator relationship for CareTrust. Chapters Living is a seniors housing and memory care […]

News Release: CareTrust REIT Grows in Georgia with New Operator Relationship

SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia. Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation […]