News Release: HGA Selected to Design a New Pediatric Heart Institute at UPMC Children’s Hospital of Pittsburgh
Acclaimed national interdisciplinary design firm HGA is pleased to announce that construction will begin on the new Heart Institute at UPMC Children’s Hospital of Pittsburgh. The new Heart Institute will offer state-of-the-art imaging technology and seamless care for cardiac patients, improving and saving more children’s lives. In collaboration with the UPMC construction team, HGA developed […]
News Release: Montecito Medical acquires women’s health medical office building in Richmond area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 35,000-square-foot medical building in Richmond, Virginia. The two-story building is 100% occupied under a long-term lease by Virginia Women’s Center, a market-leading women’s health services provider.“We are thrilled to build on our relationship with this highly respected practice group and to add […]
News Release: Diversified Healthcare Trust Announces Fourth Quarter 2023 Results
NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s fourth quarter 2023 financial results will be held on Tuesday, February 27, 2024 at 10:00 a.m. […]
News Release: Healthpeak Properties, Inc. and Healthpeak OP, LLC Complete Consent Solicitation and Offers to Guarantee and Receive Required Consents to Amend Physicians Realty L.P. Indentures
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”) today announced that, in connection with its and Healthpeak OP, LLC’s (“Healthpeak OP”) previously announced consent solicitation and offers to guarantee for Physicians Realty L.P. (a consolidated subsidiary of Physicians Realty Trust (NYSE: DOC) (“Physicians Realty Trust” or “DOC”)) senior notes related to Healthpeak’s agreement to merge with […]
News Release: American Healthcare REIT Adds Former Green Street Analyst to Lead Investor Relations
NEWS PROVIDED BY American Healthcare REIT, Inc. 26 Feb, 2024, 16:05 ET Alan Peterson III joins company as vice president of investor relations and finance IRVINE, Calif., Feb. 26, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (NYSE: AHR), announced today that Alan Peterson III has joined the company as vice president of investor relations and finance. […]
Industry Pulse: Investors are ready to invest in the HRE sector in 2024, CBRE survey finds
Investors are ready to invest in the HRE sector in 2024. According to the 14th annual Investor & Developer Survey conducted by the U.S. Healthcare Capital Markets of CBRE Group Inc. (NYSE: CBRE), investors have increased the amount of capital they have earmarked for the healthcare real estate (HRE) sector in 2024 compared to 2023 […]
News Release: NYCEDC Seeks Anchor Tenant to Establish Cutting-Edge Life Sciences Center at SPARC Kips Bay
NYCEDC Launches RFEI to Identify World-Class Anchor Tenant to Establish and Operate New State-of-the-Art Facility Which Will be a Critical Component of SPARC Campus NYCEDC to Offer up to $100M of City Capital for the Life Sciences Center NEW YORK, NY—New York City Economic Development Corporation (NYCEDC) today announced a request for expressions of interest […]
Life Sciences: Some LSRE fundamentals improved in Q4 2023
Occupancies kept declining, but construction has slowed, RevistaLab data shows By Murray W. Wolf NATIONWIDE – Although occupancy rates in most life sciences real estate (LSRE) markets continued to decline during the fourth quarter (Q4) of 2023, construction activity moderated and space demand remained steady, which bodes well for better market conditions this year. That […]
News Release: $15,500,000 Medical Office Sale
Fairfield Advisors announced that it has facilitated the sale of the Central Medical Plaza in Coral Springs, FL outside of Ft. Lauderdale. The Medical Building is 50,700 square feet and was built in 1990. It is a multi-tenant MOB located in close proximity to the Broward County Health Hospital. The anchor tenants in building include […]
News Release: Matthews™ Healthcare Division Adds VP & Director in Encino (Calif.)
22 February Tyler Swade Joins Matthews™ as Healthcare Real Estate Specialist in Los Angeles LOS ANGELES — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, announced the addition of Tyler Swade as Vice President and Director within the firm’s healthcare division in Encino, CA. In his role, Swade will […]
News Release: Simone Development Signs UrgentWay to Long-Term Lease for Urgent Care Center at 2826 Westchester Ave. in Pelham Bay Section of the Bronx
BRONX, NY – February 22, 2024 – Simone Development Companies has announced UrgentWay, a leading provider of walk-in medical services with locations throughout New York City and Long Island, has signed a long-term, 2,000-square-foot lease for an urgent care center at 2826 Westchester Avenue in the Pelham Bay section of the Bronx. The property is […]
News Release: Wolfe Foundation gives $50 million toward hospital tower, honors John F. Wolfe
COLUMBUS, Ohio – The Robert F. Wolfe and Edgar T. Wolfe Foundation has made a $50 million commitment to The Ohio State University Wexner Medical Center’s new hospital tower, set to open in 2026. This is among the largest gifts ever made to the medical center. In recognition, the inpatient tower will have two named […]
News Release: Longfellow Real Estate Partners Strengthens Regional Leadership Through Key Appointments and Growth
San Diego / San Francisco, CA (February 22, 2024) – Longfellow Real Estate Partners, one of the largest privately owned investors and developers of life science real estate, today announced the expansion of regional leadership in the key West Coast markets of San Diego and the San Francisco Bay Area. Newly announced leadership includes Peter […]
News Release: Matthews™ Healthcare Division Adds VP & Director in Encino
Tyler Swade Joins Matthews™ as Healthcare Real Estate Specialist in Los Angeles LOS ANGELES — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, announced the addition of Tyler Swade as Vice President and Director within the firm’s healthcare division in Encino, CA. In his role, Swade will provide specialized […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Year Ended 2023 Financial Results
Announces $0.03 Net Income per Share and $0.26 Normalized FFO per Share for the Fourth Quarter of 2023 Fourth Quarter Highlights: Announced an all-stock merger of equals with Healthpeak Properties, Inc. (NYSE: PEAK) (“Healthpeak”). Reported fourth quarter 2023 total revenue of $135.5 million, an increase of 2.2% over the prior year period. Reported net income […]