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
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 […]
News Release: CommonSpirit Completes Purchase of Steward’s Utah Operations
May 01, 2023 05:52 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the commencement of its master lease with CommonSpirit Health (“CommonSpirit”) through CommonSpirit’s wholly owned subsidiary of Catholic Health Initiatives Colorado (“CHIC”), to operate five general acute care hospitals in Utah. CommonSpirit, recognized as […]
News Release: JLL Income Property Trust Fully Subscribes $200 Million Diversified DST Portfolio
CHICAGO, May 1, 2023 /PRNewswire/ — JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $7 billion in portfolio assets, announced today that it has fully subscribed JLLX Diversified II, DST. The five-property, $200 million diversified portfolio was structured as a Delaware Statutory Trust designed to provide 1031 exchange […]
News Release: H2C Advises Summit Development on Monetization of Westchester Medical Office Building
H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as advisor to Summit Development LLC (“Ownership”) on the monetization of The Medical Offices at Chappaqua Crossing (the “Property”). In a transaction led by H2C Executive Director Matthew Tarpley, the Property sold for $40.0 Million. The ±490,000-square foot Property, which originally served as the Global […]
News Release: VMG Health Acquires BSM Consulting, a Healthcare Consulting Firm
May 01, 2023 08:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–VMG Health, a leading full-service healthcare strategy and transaction advisory firm, is pleased to announce it has acquired BSM Consulting (“BSM”), a specialist healthcare consulting firm with offices in Reno, Nevada and Phoenix, Arizona. VMG Health is owned by VMG employees and Northlane Capital Partners (“NCP”). […]
Life Sciences: Largest LSRE owners still upbeat despite challenges
Alexandria, BioMed/Blackstone and Healthpeak say they remain committed By Murray W. Wolf The four largest owners of life sciences real estate (LSRE) are publicly traded companies, and three of those released their first quarter (Q1) earnings reports in recent days. So how are their executives feeling about the current state of the LSRE market during […]
News Release: ANCHOR HEALTH PROPERTIES LAUNCHES $2M RENOVATION TO ATLANTA MEDICAL OFFICE BUILDING
Transwestern Leases 90,379 SF Property on Wellstar Windy Hill Hospital’s Campus APRIL 26, 2023 – ATLANTA – Transwestern Real Estate Services (TRS) announces Anchor Health Properties has launched a $2 million renovation program at The Pavilion at Windy Hill, a 90,379-square-foot medical office building at 2550 Windy Hill Road SE in Marietta, Georgia. Transwestern’s Steve […]
News Release: Healthpeak Properties Reports First Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2023. FIRST QUARTER 2023 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.22 per share, Nareit FFO of $0.42 per share, FFO as Adjusted of $0.42 per share, AFFO of $0.38 per share, […]
News Release: LTC Reports 2023 First Quarter Results and Discusses Recent Activities
April 27, 2023 04:15 PM Eastern Daylight Time–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2023. Three Months Ended March 31, 2023 2022 (unaudited) Net income available […]
News Release: Healthpeak Properties Board Appoints Kathy Sandstrom as Chair
NEWS PROVIDED BY Healthpeak Properties, Inc. Apr 27, 2023, 16:15 ET DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Kathy Sandstrom was appointed as independent Chair of the Board of Directors. Ms. Sandstrom succeeds Brian Cartwright, who will continue to serve on the Board as an independent director. “Regular rotation […]
News Release: Healthpeak Properties Board Appoints Kathy Sandstrom as Chair
DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Kathy Sandstrom was appointed as independent Chair of the Board of Directors. Ms. Sandstrom succeeds Brian Cartwright, who will continue to serve on the Board as an independent director. “Regular rotation of board leadership promotes effective corporate governance and introduces fresh perspectives and energy […]
