Life Sciences: Office REITs are leaning in to life sciences
Firms are focusing on LSRE as the traditional office sector struggles NATIONWIDE – Diversified real estate investment trusts (REITs) are placing a greater emphasis on life sciences real estate (LSRE) these days as the traditional office sector struggles. As first quarter (Q1) earnings reports continue to be released, it is growing increasingly apparent that LSRE […]
News Release: Sila Realty Trust, Inc. First Quarter 2023 Results
TAMPA, Fla, May 4, 2023 –(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the first quarter ended March 31, 2023. Highlights of the Quarter Ended March 31, 2023 vs. March 31, 2022 Rental revenue was $49.6 million, an increase of 12%. Net income attributable to common stockholders was $14.2 million, an increase of […]
News Release: Kelsey-Seybold Announces New Tanglewood Clinic
HOUSTON (May 4, 2023) – Kelsey-Seybold Clinic announced plans today to build a 20,000-square-foot clinic in Mid-West Houston near Hunters Creek Village and Tanglewood. The new clinic will be located at 6401 Woodway Drive, Houston, TX 77057, near the Second Baptist Church Woodway Campus and replaces the current Tanglewood Clinic, which has served patients for […]
News Release: Physicians Realty Trust Reports First Quarter 2023 Financial Results
Announces $85.6 Million of First Quarter Investments and Commitments Announces $0.04 Net Income per Share and $0.24 Normalized FFO per Share for the First Quarter of 2023 First Quarter Highlights: Reported first quarter 2023 total revenue of $134.3 million, an increase of 3.0% over the prior year period. Reported net income of $10.7 million for […]
News Release: Sabra Reports First Quarter 2023 Results
IRVINE, Calif., May 3, 2023–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the first quarter of 2023. FIRST QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the first quarter of 2023 were as follows: Net Loss: $(0.04) FFO: $0.32 […]
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 […]
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
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
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
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
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
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 […]
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
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, […]
