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News Release: TMC HealthCare expanding its Rincon campus
10/29/2020 BY TUCSON MEDICAL CENTER TMC HealthCare (TMC) is expanding its Rincon campus, providing additional medical and surgical services at the 10350 Drexel Road location in southeast Tucson. “TMC has long been committed to the southeast region and this expansion is part of a larger initiative to create a network of providers committed to helping […]
News Release: New Lease at Ridge Point Medical Building (Burnsville, MN)
Davis New Lease Announcement Davis is excited to announce that Ellie Family Services will be joining the Ridge Point Medical Building early 2021! Ellie Family Services’ mission is to better the lives of everyday families through the creation and delivery of innovative and customized wellness programs, goods, and services. They strive to fill the gaps […]
News Release: Remedy Medical Properties MOB Named a Finalist in the 2020 HREI Insights Awards
FOR IMMEDIATE RELEASE HREI™ magazine’s national awards program honors the Chicago-based firm’s Southeastern Spine Institute – Tenet Healthcare, an ambulatory care center in Mount Pleasant, S.C. CHICAGO and MOUNT PLEASANT, S.C., Oct. 29, 2020 — A medical office building (MOB) developed by Remedy Medical Properties has been named a finalist in the 2020 HREI Insights […]
News Release: Medical Properties Trust, Inc. Reports Third Quarter Results
Per Share Net Income of $0.25 and Normalized FFO of $0.41 Approximately 25% Year-over-Year Growth in Net Income and NFFO per Share Nearly $2.9 Billion of Investments Closed Year-to-Date October 29, 2020 08:30 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results […]
News Release: Welltower Issues Business Update
10/28/2020 4:07:00 PM EDT TOLEDO, Ohio, Oct. 28, 2020 /PRNewswire/ — Welltower Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/october28-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 Company invests with leading seniors housing operators, post-acute providers and health systems to fund the […]
News Release: Welltower Reports Third Quarter 2020 Results
10/28/2020 4:05:00 PM EDT TOLEDO, Ohio, Oct. 28, 2020 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended September 30, 2020. Recent Highlights Reported net income attributable to common stockholders of $0.77 per diluted share Reported normalized FFO attributable to common stockholders of $0.84 per diluted share Completed $1.4 billion of pro rata dispositions at a blended yield of 5.3% Reported net […]
News Release: HOK Designs New Cancer Pavilion for RWJBarnabas Health and Rutgers Cancer Institute of New Jersey
RWJBarnabas Health and Rutgers Cancer Institute of New Jersey Unveil Plans for New Cancer Pavilion As New Jersey’s first comprehensive cancer center, the HOK-designed cancer pavilion will include laboratory services, an outpatient clinic, an infusion and chemotherapy suite, radiation oncology, imaging and interventional radiology. The 510,000-sq.-ft. cancer treatment and research facility will significantly expand service […]
News Release: Flagship Healthcare Properties Acquires Medical Office Building in Columbia, S.C.
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm expands South Carolina presence with Columbia acquisition CHARLOTTE, N.C. (Oct. 28, 2020) – Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, is pleased to announce the acquisition of a Class A medical office building and ambulatory surgery center (“the Property”) in Columbia, South Carolina. […]
News Release: Fidelis, SCL Saint Joseph complete construction of 98,000-s.f. mixed-use medical facility in Denver
FOR IMMEDIATE RELEASE The new Saint Joseph Medical Office Pavilion on the hospital’s Uptown campus will offer expanded healthcare, retail and restaurant options and extensive amenities for tenants DENVER and DALLAS, Oct. 28, 2020 – Fidelis Healthcare Partners, Saint Joseph Hospital and its parent SCL Health have completed development of the 98,000-square-foot, mixed-use Saint Joseph […]
Feature Story: Systems are planning for the post-COVID world
Executives discuss strategies during InterFace Carolinas conference By John B. Mugford In the world of healthcare real estate (HRE), everyone involved understands that the drivers of the sector – including the amount of development space needed, and even the price for which properties trade – are the country’s health systems. Their financial health, their strategies […]
Transactions: A busy few weeks, year for Anchor
The firm is in the midst of closing MOB investments totaling about $106 million By John B. Mugford As everyone involved in medical office building (MOB) acquisitions knows by now, the COVID-19 pandemic is not putting a damper on investor appetites for the product type. In fact, the pandemic looks to be shining an even […]
News Release: Recently Completed: Cherry Creek Medical Center (Denver)
Brookhaven Capital Partners Recently Completed Cherry Creek Medical Center Denver, Co Facility Size 99,000 Square Feet Architect Davis Partnership Architects General Contractor Swinerton Tenant UCHealth Owner Brookhaven Capital Partners Brookhaven Capital Partners recently completed Cherry Creek Medical Center, a new, five-story, Class A medical office building, 100% leased to UCHealth, located in the heart of […]
News Release: RTG joins health care leaders to break ground for Advanced Orthopaedic Institute
NEWS RELEASE FOR IMMEDIATE RELEASE Oct. 26, 2020 Leaders from Realty Trust Group, University of Tennessee Medical Center and OrthoTennessee broke ground Oct. 26 for a freestanding orthopedic ambulatory surgery center with physicians and team members committed to providing outstanding patient care and advancing orthopedic research. UT Medical Center’s Advanced Orthopaedic Institute will be located […]
News Release: Cushman & Wakefield to Oversee Leasing at Two Medical Offices Buildings
Cushman & Wakefield to Oversee Leasing at Two Medical Offices Buildings on Behalf of Caddis Healthcare Real Estate Buildings in Buckhead and Marietta Total 97,645 Square Feet ATLANTA, October 26, 2020 – Cushman & Wakefield has been retained to oversee leasing two medical office buildings totaling 97,645 square feet on behalf of Caddis® Healthcare Real […]
News Release: Cypress West Acquires 2 MOBs in Phoenix
Cypress West Partners Acquires Phoenix MOB, Adding to AZ Portfolio Rancho Santa Margarita, CA (October 26, 2020) — Cypress West Partners, a Southern California-based healthcare investment, leasing and property management firm, has announced the acquisition of two single-story medical office buildings located at 2264 and 26232 North Tatum Blvd in Phoenix. Known as Tatum Highlands […]