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News Release: Amgen to acquire ChemoCentryx for $4 billion in cash
NEWS PROVIDED BY Amgen Aug 04, 2022, 08:00 ET Acquisition Includes TAVNEOS® (avacopan), a First-in-Class Medicine for Patients With Serious Autoimmune Disease Tavneos Adds to Amgen’s Decades-Long Leadership in Inflammation and Nephrology THOUSAND OAKS, Calif. and SAN CARLOS, Calif., Aug. 4, 2022 /PRNewswire/ — Amgen (NASDAQ: AMGN) and ChemoCentryx, Inc., (NASDAQ: CCXI), a biopharmaceutical company focused […]
Thought Leaders: 2022 Q2 Healthcare Services Research Report (Colliers)
BY SHAWN JANUS AND STEPHEN NEWBOLD AUG 3, 2022 Inflation Compounds Healthcare Cost Concerns Cost containment has long been a core issue for the U.S. healthcare industry. Consumer Price Inflation (CPI) has ramped up to a four-decade high. When combined with reimbursement concerns, healthcare providers’ ability to drive down costs and sustain profit margins is […]
News Release: Medical Properties Trust, Inc. Reports Second Quarter (2022) Results
Per Share Net Income of $0.32 and Normalized FFO of $0.46 in Second Quarter 7% Growth in Per Share NFFO Versus Prior-Year Quarter Expansion of Spain Footprint Includes New Relationship with a Global Leader in Cancer Care August 03, 2022 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) […]
News Release: Guardian Realty Investors Announce New Life Sciences Laboratory at 20400 Observation Drive, Germantown, MD
GERMANTOWN, MD (AUGUST 2022) – Guardian Realty Investors, LLC announced their new life sciences lab location at 20400 Observation Drive, Germantown MD, known as OBSERVATION LABS. This re-imagined former industrial and technology building will also provide extraordinary amenities, gathering spaces and best-in-class finish levels. Guardian is a developer and operator of office, multi-family and specialized […]
Life Sciences: Red-hot LSRE sector poised for a bit of a cooldown
However, panelists at recent LSRE conference in San Diego remain bullish on the space By John B. Mugford SAN DIEGO – For the past decade or so, the life sciences real estate (LSRE) sector has been a “magical” space for facility owners. That’s because the LSRE sector – which primarily includes office/lab space, but also encompasses […]
News Release: Sale of life science building in suburban Philadelphia closes
News release JLL Capital Markets facilitated the sale of 466 Devon Park Dr., a fully leased lab facility in Wayne, PA August 02, 2022 PHILADELPHIA – August 2, 2022 – JLL Capital Markets announced today that it has closed the sale of 466 Devon Park Dr., a 155,200-square-foot GMP rated lab facility in Wayne, Pennsylvania, […]
Thought Leaders: Fed rate hike creates stable path forward for healthcare real estate investment
JLL Healthcare Capital Markets Healthcare Perspectives July 2022 Concerns about interest rate increases softening in near term Change in the SOFR Forward Rate Curve Source: Kensington Capital Advisors Key points: • Fears about mounting interest rates subsided with the Federal Reserve’s announced rate hike of 75 basis points on July 27, providing welcome relief for real […]
News Release: Strong life sciences demand fuels $82M sale of Fremont Labs
JLL Capital Markets led the sales efforts for the Class A life sciences asset in the Bay area’s Central I-880 corridor SAN FRANCISCO – August 1, 2022 – JLL Capital Markets announced today that it has closed the $82 million sale of Fremont Labs, a recently renovated, Class A life sciences property totaling 89,000 square […]
News Release: Thomas Park Investments Reports Strong First Half with $75M in MOB Acquisitions
Company Expands into Southeast with Raleigh, North Carolina Purchase August 01, 2022 11:06 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments closed the first half of 2022 with $75 million in medical office building (MOB) acquisitions, halfway toward the company’s goal of $150 million in acquisitions this year. The acquisitions include a purchase in […]
News Release: Blueprint Healthcare Real Estate Advisors Launches Behavioral Healthcare Group
Blueprint announced today it is launching a Behavioral Healthcare advisory group to join its existing offerings of Seniors Housing and Care, Medical Office, and Capital Markets. Industry veteran Andrew Sfreddo will serve as Head of Behavioral Healthcare, and fellow behavioral healthcare real estate veteran, Shane Harmon, will serve as Senior Director. In 2020, behavioral healthcare […]
Industry Pulse: The interesting backstory of the HR-HTA merger
Former HTA CEO Scott Peters helped to start a golf course investment firm in the late 1990s The combining of Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR) and Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) is now complete, with the formation of a newly formed REIT operating under the Healthcare Realty Trust […]
News Release: MedProperties Realty Advisors-Principal joint venture acquires Austin, Texas, MOB with ASC
FOR IMMEDIATE RELEASE The 41,997-square-foot Medical Towers at Bee Cave II has a hospital-affiliated anchor tenant and is located in one of the most desirable, growing investment markets in the country AUSTIN and DALLAS, Texas, July 27, 2022 – MedProperties Realty Advisors and Principal Real Estate Investors have formed a joint venture (JV) and acquired […]
News Release: PMB & SCL Health Medical Group Break Ground on a 63,000 SF Medical Office Building in Billings, Mont.
FOR IMMEDIATE RELEASE This development’s new 24,000 SF clinic space will offer a new primary care, retail pharmacy and walk-in clinic that will provide expanded health services to an area of Billings that is experiencing significant growth. BILLINGS, MONT., July 26, 2022 – PMB along with SCL Health Medical Group, now Intermountain Healthcare, will officially […]
Feature Story: Revista reports $8.2B in first half sales
Rents and occupancies are up; second generation MOBs are performing well By John B. Mugford With inflation on the rise and the cost of constructing new medical facilities continuing to escalate, who are the current and – at least for the near-term future – winners in the healthcare real estate (HRE) sector? In many cases, […]
News Release: Montecito Medical Acquires Surgery Center Building in Lynchburg, VA
Company expands large and growing footprint in state FOR IMMEDIATE RELEASE July 25, 2022 Montecito Medical has completed the acquisition of a surgery center building in Lynchburg, Virginia. The Surgery Center of Lynchburg property, which offers approximately 31,600 square feet, is, 100% occupied under a long-term lease. “We are pleased to add an excellent surgery […]