Feature Story: Some bright spots remain in HRE development
InterFace panelists say clients in growing markets see the need for new facilities By John B. Mugford With interest rates and construction costs on the rise, some health systems and other providers have put planned development projects on the back burner, hopefully temporarily. On the other hand, many systems and perhaps larger physician groups that […]
News Release: BXP Agrees to Sell a 45% Interest in Kendall Square Life Sciences Properties
$746.4 Million Investment by Norges Bank Investment Management to Form Joint Ventures To Own Two Properties Totaling Approximately 810,000 Square Feet BOSTON–(BUSINESS WIRE)—BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to sell a 45% interest in two […]
News Release: Welltower Issues Business Update
NEWS PROVIDED BY Welltower 13 Nov, 2023, 16:05 ET TOLEDO, Ohio, Nov. 13, 2023 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/november2023-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: The Board of Directors Makes No Recommendation with respect to the Comrit Offer
November 21, 2023 Dear Stockholder: I am writing to you on behalf of the board of directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”, “we”, “our”, or “us”) to notify you about the unsolicited tender offer being made for shares of the Company’s Class A common stock, Class I common stock and Class […]
Life Sciences: Employment and funding showing hopeful signs
Revista webcast suggests that leading indicators are promising for LSRE NATIONWIDE – Faced with a challenging life sciences real estate (LSRE) market with no clear end in sight, it’s understandable that many industry professionals are worried – especially Millennials who haven’t been through this kind of slowdown before. Fortunately, both history and hard data suggest […]
News Release: Cambridge Holdings To Break Ground On Abrazo Health Medical Campus In Buckeye (Ariz.)
BUCKEYE, Ariz. (Nov. 9, 2023) – Healthcare real estate developer Cambridge Holdings announced today that it will soon break ground on the first phase of development for Abrazo Health’s new medical campus in Buckeye at I-10 and Verrado Way. The 27-acre campus will include medical offices, ambulatory services and an acute care hospital. The first […]
News Release: CareTrust REIT Announces Third Quarter 2023 Operating Results
Conference Call Scheduled for Friday, November 10, 2023 at 1:00 pm ET SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended September 30, 2023, as well as other recent events. “With substantial availability on our revolver, and equity markets readily accessible to us at present, we continue to have […]
News Release: Anticipation Builds as Fuse at Mason Square Reaches Major Construction Milestone
November 9, 2023 ARLINGTON, Virginia – On Friday, November 3, George Mason University, development consortium Mason Innovation Partners, and contractor Clark Construction Group brought together university researchers, faculty, staff, industry leaders, and project partners to commemorate the achievement of a major construction milestone – the building’s structural topping out. The day-long celebration began withan event […]
News Release: Larken Associates Builds Upon Relationship with Hunterdon Healthcare with New Lease in Lopatcong, N.J.
Lopatcong, N.J. (November 9, 2023) – Larken Associates, a regional leader in real estate building, development and management, announces it has negotiated a lease with long time tenant Hunterdon Healthcare for 6,200 square feet of medical space at Strykers Plaza, located at 207 Stryker Road in Lopatcong, N.J. Larken Associates was represented by Victor Kelly, […]
News Release: Ascential Technologies Facilitates Reshoring in Medical & Life Science Manufacturing with New State-of-the-Art Facility
NEWS PROVIDED BY Ascential Technologies 08 Nov, 2023, 09:00 ET Opening of Blaine, MN facility follows White House designation of Minnesota as MedTech Hub, ribbon cutting on November 20 GRAND RAPIDS, Mich., Nov. 8, 2023 /PRNewswire/ — To help customers revitalize global supply chains through reshoring, Ascential Technologies today announced an expansion of its capabilities […]
News Release: Sila Realty Trust, Inc. Third Quarter 2023 Results
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the third quarter ended September 30, 2023. Highlights of the Quarter Ended September 30, 2023 vs. September 30, 2022 Rental revenue was $48.5 million, an increase of 4%. Net income attributable to common stockholders was $15.0 million, an increase of 12%. Funds from operations, […]
News Release: American Healthcare REIT Enters into Purchase Option Agreement to Acquire Full Ownership of Trilogy REIT Holdings
IRVINE, Calif., Nov. 7, 2023 /PRNewswire/ — American Healthcare REIT, Inc. (“AHR”) announced today that it has entered into a purchase agreement with affiliates of NorthStar Healthcare Income, Inc. (“NorthStar“) that grants AHR the option to purchase all of the minority membership interest held by NorthStar in Trilogy REIT Holdings, LLC (“Trilogy REIT Holdings”), a […]
News Release: Avison Young represents Virginia Hospital Center in purchase of 145,000-SF office property
NOVEMBER 7, 2023 3601 Eisenhower Avenue will serve as outpatient surgery center and office space Tysons, VA – Today Avison Young announced the closing of 3601 Eisenhower Avenue in Alexandria, VA on behalf of the buyer, Virginia Hospital Center (VHC). VHC intends to use the approximately 145,000-square-foot (sf) office property as an outpatient surgery center […]
Feature Story: Post-pandemic growth prospects
Providers at Colliers conference talk about hardship and strategies By John B. Mugford Coming out of the COVID-19 pandemic has been difficult for health systems and providers of all types, with growth taking a back seat to survival. “If you look back at the 2020 to 2022 timeframe, it was kind of slow for us […]
News Release: Sabra Reports Third Quarter 2023 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 third quarter of 2023. THIRD QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the third quarter of 2023 were as follows: Net Loss: $(0.07) FFO: $0.33 Normalized FFO: $0.33 […]
