Feature Story: MOB buyers are ready to buy, but…
InterFace HRE Carolinas panelists agree that sales will likely remain slow for a while By John B. Mugford “Volume is down, right? That’s why we’re here. We’re trying to figure out when (the medical outpatient building sales) volume is going to pick up again.” That’s how moderator Anthony Sardo, a director in the Capital Markets […]
News Release: CareTrust REIT Celebrates 10-Year Anniversary with Major Transactions and Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.–(BUSINESS WIRE)— CareTrust REIT, Inc. (NYSE: CTRE), a healthcare real estate investment trust specializing in skilled nursing and assisted living real estate investments, is proud to announce the celebration of its 10-year anniversary. In separate press releases, on this significant milestone, CareTrust REIT has announced two strategic transactions totaling approximately $180 million, further […]
News Release: Avera Breaks Ground on Medical Building at Avera on Louise
Today, Avera broke ground on a new medical office building at the Avera on Louise Health Campus in Sioux Falls to house digestive health services and other specialties as needed. The 127,000 square foot building will be constructed just south of the Avera Specialty Hospital and is a key aspect of a two-part building project […]
News Release: Healthcare Realty Trust Provides Update on Capital Allocation Progress
June 03, 2024 16:05 ET Source: Healthcare Realty Trust Incorporated $227 million of proceeds from contributions to KKR JV Repurchased shares totaling over $175 million NASHVILLE, Tenn., June 03, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) announced in early May that it had entered into a strategic joint venture with KKR (“KKR JV”) […]
News Release: CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.–(BUSINESS WIRE)— CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded $90 million of a senior mortgage loan in connection with the borrower’s acquisition of an 8-facility skilled nursing portfolio located in the Southeastern United States. The portfolio, consisting of 1,011 skilled nursing beds and 150 assisted living beds, has been acquired […]
News Release: CareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 Million
SAN CLEMENTE, Calif.–(BUSINESS WIRE)— CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 5-facility, 498 licensed bed, skilled nursing portfolio located in the Southeastern United States for a total investment amount of approximately $80.9 million (inclusive of transaction costs). In connection with the acquisition, the company entered into a new triple-net master lease […]
News Release: Community Health Network Expands with a New Healthcare Campus in Westfield (Ind.)
Community brings innovative, integrative services in response to the growing healthcare needs of one of the state’s fastest growing communities Indianapolis (June 3, 2024) – Community Health Network has announced plans for a new healthcare campus in Westfield, marking a significant expansion for the network while enhancing Community’s ability to provide access to exceptional care […]
News Release: Welltower Raises 2024 Guidance and Issues Business Update
6/3/2024 7:41:00 AM EDT TOLEDO, Ohio, June 3, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced that it has revised its 2024 outlook. The Company now expects to achieve normalized funds from operations attributable to common stockholders in a range of $4.05 – $4.17 per diluted share as compared to previous guidance of $4.02 […]
News Release: Montecito acquires Atlanta-area MOBs
Montecito acquires six ophthalmology buildings in Atlanta area. Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a six-building portfolio in the Atlanta Metro area. The six properties, which represent a combined total of more than 85,000 square feet, are 100% occupied. Thomas Eye, a dominant eye care provider […]
