Life Sciences: No significant distress for LSRE – at least so far
But IMN panel says that’s something to watch in the next 12-24 months By Murray W. Wolf NEW YORK – Nearly $72 billion in U.S. commercial real estate (CRE) was considered “distressed” as of the end of the second quarter (Q2), an increase of 15 percent versus Q1, and another $162 billion of properties were […]
News Release: Two Leases Signed At South Mill At Elizabeth
PRESS RELEASE Fort Mill, SC (August 2023) – Vulcan Property Group is pleased to announce two new tenants coming to South Mill at Elizabeth. MPV is assisting the Landlord in leasing the project. The property is located at Fort Mill Parkway and Spratt Street, in Fort Mill, SC. Fort Mill Parkway is heavily travelled with […]
News Release: Regional Health Properties, Inc. Announces Commencement of Trading of Series B Preferred Stock on OTC Markets
August 03, 2023 16:52 ET Source: Regional Health Properties, Inc. ATLANTA, GA, Aug. 03, 2023 (GLOBE NEWSWIRE) — Regional Health Properties, Inc. (the “Company”) (NYSE American: RHE) (NYSE American: RHE-PA) (OTCQB Venture: RHEPB), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, announced today […]
News Release: CareTrust REIT Announces Second Quarter 2023 Operating Results
CareTrust REIT Announces Second Quarter 2023 Operating Results Conference Call Scheduled for Friday, August 4, 2023 at 1:00 pm ET August 03, 2023 04:18 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2023, as well as other recent events. For the quarter, […]
News Release: Ventas Reports 2023 Second Quarter Results
Ventas Reports 2023 Second Quarter Results August 03, 2023 04:10 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2023. CEO Remarks “We are pleased to deliver strong second quarter results with broad-based organic property growth across our diverse portfolio,” said […]
News Release: Just Closed – Highland Springs Medical Center (Beaumont, CA)
Capital Markets | Healthcare & Life Sciences Just Closed Class A medical office campus 78% leased by Loma Linda University Health CBRE Transaction Highlights Date Closed: 7/21/2023 Size: 109,359 SF Occupancy: 78% Highland Springs Medical Center | Beaumont, CA CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Highlands […]
News Release: DOCPROPERTIES Completes Swift Sale of Redevelopment Property in Downtown Scottsdale Medical District
Parcel Located Across from HonorHealth Scottsdale Osborn Medical Center Sells in 10 Days SCOTTSDALE – (July 27, 2023) – DOCPROPERTIES, a leading healthcare real estate investment and advisory firm, is delighted to announce the successful sale of a prime redevelopment property situated in downtown Scottsdale, Arizona. The property, totaling 40,840 square feet, has been sold […]
News Release: Sendero Capital and Angelo Gordon complete the acquisition of a mission-critical healthcare facility in Rhode Island
JLL Capital Markets advised on the purchase of 2 Wake Robin Road, the second acquisition in Sendero Capital and Angelo Gordon’s programmatic joint venture BOSTON, Aug. 3, 2023 – JLL Capital Markets announced today that it advised Sendero Capital and Angelo Gordon on the acquisition of 2 Wake Robin Road, a 30,000-square-foot medical office building in […]
News Release: Seattle’s New Industry & Innovation Zone Features Concept for First Tom Kundig‑designed Life Sciences Building
SEATTLE, Aug. 3, 2023 — Olson Kundig is pleased to share concept images of a new laboratory and life sciences building in Seattle’s Interbay neighborhood. On July 18, the Seattle City Council voted to adopt a long-anticipated legislative package that aims to revitalize industrial areas and allow innovation in industrial products. The prospective laboratory and […]
News Release: Diversified Healthcare Trust Releases Investor Presentation Highlighting Benefits of Pending Merger with Office Properties Income Trust
NEWTON, Mass., Aug. 3, 2023–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) yesterday released a presentation outlining the reasons shareholders should vote to approve its pending merger with Office Properties Income Trust (Nasdaq: OPI) ahead of its Special Meeting of Shareholders, scheduled for Wednesday, August 30, 2023. The presentation has been filed with the U.S. Securities and […]
News Release: Physicians Realty Trust Reports Second Quarter 2023 Financial Results
Announces $0.05 Net Income per Share and $0.25 Normalized FFO per Share for the Second Quarter of 2023 Second Quarter Highlights: Reported second quarter 2023 total revenue of $135.1 million, an increase of 2.2% over the prior year period. Reported net income of $13.1 million for the second quarter ended June 30, 2023, a decrease […]
News Release: EQT Exeter Real Estate Income Trust Launches
NEWS PROVIDED BY EQT 03 Aug, 2023, 07:40 ET EQT Exeter Real Estate Income Trust, Inc. Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission PHILADELPHIA, Aug. 3, 2023 /PRNewswire/ — EQT Exeter Real Estate Income Trust, Inc. (“EQRT”) today announced its Registration Statement on Form S-11 in connection with its initial public […]
News Release: Omega Reports Second Quarter 2023 Results and Recent Developments
Completed $270 Million in New Investments in Q2 Repaid a $350 Million Debt Maturity in Q3 HUNT VALLEY, Md., Aug. 2, 2023 –(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2023. “Omega Healthcare Investors, Inc. 2Q Earnings Call” Tweet this SECOND QUARTER […]
News Release: Global Medical REIT Announces Second Quarter 2023 Financial Results
Completes Disposition of a Four Property MOB Portfolio Receiving Gross Proceeds of $66 million Resulting in a Gain of $12.8 Million BETHESDA, Md., Aug. 2, 2023–(BUSINESS WIRE)–Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that acquires healthcare facilities and leases those facilities to physician […]
News Release: Healthcare Expert Philip Wurth Joins CBRE in Phoenix as Senior Vice President
Phoenix, AZ August 2, 2023 Philip Wurth has joined CBRE as a senior vice president in Phoenix. He brings over two decades of commercial real estate experience, specializing in healthcare and life science properties. Mr. Wurth will focus on representing discerning tenants and landlords in the acquisition, disposition and leasing of medical office buildings, surgery […]
