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News Release: BXP Announces Second Quarter 2024 Results

Exceeded Q2 Guidance for EPS and FFO, Executed More Than 1.3 Million Square Feet of Leases in Q2, and Named One of the World’s Most Sustainable Companies by TIME Magazine BOSTON–(BUSINESS WIRE)–Jul. 30, 2024— BXP, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the […]

News Release: Just Closed | Riviera Village Dental Office Building | Owner-User

• Riviera Village Medical/Dental Building • Multiple Offers • Managed Complicated Transaction Multiple Buyers and Sellers • Seamless SBA Loan Process CONTACT ME For more information, please contact: SIMON MATTOX Senior Vice President 310.906.3295 e-mail Simon LIC N° 01732008 KIDDER.COM

Hygea Healthcare at Middle River Ribbon Cutting with Governor Wes Moore, Hygea Healthcare Founder & CEO, Robby Stempler and more. Photo courtesy of Jennifer Sawyer.

News Release: Hygea Healthcare Celebrates Grand Opening of State-of-the-Art Rehabilitation Center in Middle River

MIDDLE RIVER, Md.–(BUSINESS WIRE)–Hygea Healthcare leadership was joined by Gov. Wes Moore, Special Secretary Emily Keller of the Maryland Office of Overdose Response, Baltimore County Deputy Administrative Officer Elisabeth Sachs, and former Baltimore County Councilwoman Cathy Bevins to officially open its cutting-edge, 50-bed, 30,000 sq ft, substance use treatment center at 1210 Middle River Rd. […]

News Release: Davis Breaks Ground for a New Midwest ENT Specialty Center in Lakeville, MN

News Release: Davis Breaks Ground for a New Midwest ENT Specialty Center in Lakeville, MN

P R E S S R E L E A S E MINNEAPOLIS (July 31, 2024)—Davis has broken ground on a 14,000-square-foot medical office building development for Midwest Ear, Nose and Throat Specialists (Midwest ENT) at 11020 161st Street West in Lakeville, MN. The new facility, on a 1.6-acre land site, has been designed as […]

Transactions: Blockbuster $674.3 million MOB deal closes

Transactions: Blockbuster $674.3 million MOB deal closes

Unity Medical and Varde Partners buy a 58-MOB, 2.76 million s.f. portfolio from Healthpeak SIXTEEN STATES – In a deal that came to light shortly before this edition of the HREI weekly e-newsletter was distributed, HREI has learned that a 58-asset medical outpatient building (MOB) portfolio has been sold for $674.3 million, or about $244 […]

News Release: IRA Capital, Oaktree acquire 12 property medical portfolio spanning 600,000 SF

News Release: IRA Capital, Oaktree acquire 12 property medical portfolio spanning 600,000 SF

FOR IMMEDIATE RELEASE Release Date: July 30, 2024 The 12-property Portfolio is anchored by leading regional healthcare providers and features high-acuity space with extensive tenant buildouts. Irvine, CA – IRA Capital, a prominent Southern California-based private equity firm and one of the leading private buyers of healthcare real estate in the United States, is pleased […]

Feature Story: MOB sales remained slow in Q2, at $1.9 billion

Feature Story: MOB sales remained slow in Q2, at $1.9 billion

However, occupancies and demand remain high, Revista says By John B. Mugford Recently, a growing number of professionals involved in the medical outpatient building (MOB) transaction market have been saying that they are seeing signs that the market is picking up, or indications that it will pick up in the not-too-distant future. Yet, for now, […]

Life Sciences: Alexandria adjusts to a ‘sector bear market’

Life Sciences: Alexandria adjusts to a ‘sector bear market’

REIT says it has adapted since the LSRE bull run ended in 2021 By Murray W. Wolf PASADENA, Calif. – Alexandria Real Estate Equities Inc. (ARE) reported a mixed bag of second quarter (Q2) 2024 financial results Monday, July 22, exceeding Wall Street expectations regarding some metrics but falling short in others. But the Pasadena-based […]

News Release: CBL Properties Celebrates Opening of New Medical Office Building at Friendly Center in Greensboro, North Carolina

July 30, 2024 09:00 AM Eastern Daylight Time CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Today CBL Properties (NYSE:CBL) announced that Atrium Health Wake Forest Baptist Medical Plaza has opened at Friendly Center in Greensboro, North Carolina. The new center was developed in a joint venture with Davis Moore Capital. Representatives from CBL and Atrium Health Wake Forest Baptist marked […]

News Release: Montgomery County Council Approves Great Seneca Plan: Connecting Life and Science

For Immediate Release: Tuesday, July 30, 2024 The Montgomery County Council voted today to approve the Planning Board Draft of the Great Seneca Plan: Connecting Life and Science with revisions. The plan covers 4,330 acres located in the heart of the I-270 Corridor between the cities of Gaithersburg and Rockville and the town of Washington Grove. […]

News Release: Stevens Construction completes Surgical Healing Arts Center & Metro Alliance Surgery Center

News Release: Stevens Construction completes Surgical Healing Arts Center & Metro Alliance Surgery Center

FORT MYERS, Fla. (July 30, 2024) – Stevens Construction has completed construction management services for a two-story, 20,764-square-foot medical office building and surgery center located at 6201 Alliance Lane, announced Daniel Adams, Stevens Construction executive vice president. The first-floor houses Surgical Healing Arts Center, which specializes in medical and surgical weight loss, advanced robotic and […]

News Release: HPA Exchange Acquires Dignity Health Micro-Hospital in Phoenix

News Release: HPA Exchange Acquires Dignity Health Micro-Hospital in Phoenix

PHOENIX (July 29, 2024) – HPA Exchange LLC, a healthcare real estate investment sponsor created by the executive team of Healthcare Property Advisors, a vertically integrated healthcare real estate owner and operator, announced today the acquisition of a micro-hospital with emergency room and imaging center that is 100% leased to Dignity Health in Phoenix. Located […]

News Release: Welltower Issues Business Update

News Release: Welltower Issues Business Update

NEWS PROVIDED BY Welltower Inc. Jul 29, 2024, 16:38 ET TOLEDO, Ohio, July 29, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/july2024-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: Welltower Reports Second Quarter 2024 Results

NEWS PROVIDED BY Welltower Inc.  Jul 29, 2024, 16:09 ET TOLEDO, Ohio, July 29, 2024 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended June 30, 2024. Recent Highlights Reported net income attributable to common stockholders of $0.42 per diluted share Reported quarterly normalized funds from operations attributable to common stockholders of $1.05 per diluted share, an increase of 16.7% over the […]

News Release: Announcement - $10,500,000 Medical Office Sale / Fairfield Advisors

News Release: Announcement – $10,500,000 Medical Office Sale / Fairfield Advisors

Monday, July 29, 2024 10:01 AM $10,500,000 Medical Office Sale – Fairfield Advisors announced that it has facilitated the sale of the Acadia Health Medical Office Building in Reading, PA. The Medical Building is 30,000 square feet and was built in 2020.  The anchor tenant in the building is Acadia Health which is the largest […]