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: 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 […]

News Release: Metro, Montgomery County seeking developer to create major life sciences, mixed-use project at North Bethesda

News Release: Metro, Montgomery County seeking developer to create major life sciences, mixed-use project at North Bethesda

For immediate release: July 29, 2024 Metro and Montgomery County officials launched an initiative Wednesday, to seek an experienced developer to build a major transit-oriented life sciences center at the North Bethesda Metrorail Station, that will include housing, office, retail, and public spaces. Metro announced the issuance of a Request for Qualifications for a developer […]

News Release: Anchor Health Properties Announces Core & Shell Completion of an 8,250 Square Foot Diagnostic & Imaging Center in Westminster, Colorado

News Release: Anchor Health Properties Announces Core & Shell Completion of an 8,250 Square Foot Diagnostic & Imaging Center in Westminster, Colorado

FOR IMMEDIATE RELEASE July 29, 2024 (Westminster, CO) Dedicated to pursuing better healthcare through real estate solutions, Anchor Health Properties (Anchor), a national, full-service healthcare real estate development, management, and investment company focused exclusively on medical outpatient and specialty healthcare facilities, marked the core and shell completion of an 8,250 square foot multi-specialty medical outpatient […]

News Release: Sila Realty Trust, Inc. Completes $28.25 Million Acquisition of Fort Smith Inpatient Rehabilitation Facility

News Release: Sila Realty Trust, Inc. Completes $28.25 Million Acquisition of Fort Smith Inpatient Rehabilitation Facility

July 29, 2024 06:45 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (the “Company” or “we”), a net lease real estate investment trust (“REIT”) with a strategic focus on investing in the significant, growing, and resilient healthcare sector, today announced the $28.25 million acquisition of an inpatient rehabilitation facility located in […]

News Release: ShareMD Announces New Jacksonville Healthcare Facility Development

News Release: ShareMD Announces New Jacksonville Healthcare Facility Development

FOR IMMEDIATE RELEASE Jacksonville, Florida ,– July 29, 2024– Approximately 24,000 square feet of new medical office will be developed in a surface parking lot at the 841 Prudential medical building in Jacksonville, FL, adjacent to Baptist Medical Center Jacksonville, and in the heart of the Downtown Jacksonville’s medical corridor. This marks the return of […]

News Releases: Triad Group Announces Sale of Watertown's Elm Street Labs

News Releases: Triad Group Announces Sale of Watertown’s Elm Street Labs

NEWS PROVIDED BY The Triad Group Jul 25, 2024, 14:11 ET BOSTON, July 25, 2024 /PRNewswire/ — The Triad Group announced the sale of its most recent development, “Elm Street Lab’s” in Watertown, MA to Cambridge based Shannon Life Sciences. The 74,670sf property is a new construction state-of-the-art life sciences building that is ready for […]

News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower

News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower

Date Published: Wednesday, July 24, 2024 Date Updated: Wednesday, July 24, 2024 Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health […]

News Release: Robins & Morton Begins Construction on Baptist Health Rehabilitation Hospital

News Release: Robins & Morton Begins Construction on Baptist Health Rehabilitation Hospital

Press Release 07.23.24 Construction firm Robins & Morton, Anchor Health Properties, Baptist Health South Florida, and Lifepoint Rehabilitation, a business unit of Lifepoint Health, are proud to announce the beginning of construction of the new Baptist Health Rehabilitation Hospital in South Miami, Florida. The three-story, 100,000-square-foot facility will feature 62 private inpatient rooms, with the […]