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News Release: Berkadia Adds Director To Medical & Life Sciences Platform
Minneapolis, MN – August 7, 2023 – Berkadia announced today the addition of Director Patrick Abeln to the Medical & Life Sciences platform. Abeln will be based in Minneapolis and will be focusing on debt placement and JV equity structuring. Abeln will report to Senior Managing Director – Head of Medical & Life Sciences Sabrina […]
REIT Report: Patient and prudent, not stagnant
Deals might be slow now, but Physicians Realty Trust is optimistic about the future By John B. Mugford During a time of rising interest rates, harder-to-obtain debt for acquisitions, and a larger-than-normal pricing gap between what buyers would like to pay and what sellers would like to receive, medical office building (MOB) sales have dropped […]
News Release: Preston Hollow Community Capital Completes $85 Million Bond Purchase for Mixed-Use Development in Westbrook
August 08, 2023 09:00 AM Eastern Daylight Time DALLAS–(BUSINESS WIRE)–Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”). Proceeds from the bonds will be used to fund the development of critical public infrastructure in a 65-acre mixed-use development in Westbrook, […]
News Release: Medical Properties Trust, Inc. Reports Second Quarter Results
Per Share Net Loss of ($0.07) and Normalized FFO of $0.48 in Second Quarter August 08, 2023 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the second quarter ended June 30, 2023, as well as certain events occurring subsequent […]
News Release: TPG Reports Second Quarter 2023 Financial Results
Total assets under management of $139 billion as of June 30, 2023, an increase of 9% compared to $127 billion as of June 30, 2022 GAAP net income attributable to TPG Inc. of $27 million for the second quarter ended June 30, 2023, with basic net income per share of Class A common stock of […]
News Release: Montecito Medical Acquires Medical Office Portfolio in Chicago Area
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired an 11,118-square-foot medical building in Hammond, IN. The building is 100% occupied by the Williams Eye Institute and serves as the group’s flagship location. The property is situated approximately 25 miles south of downtown Chicago. “We are thrilled to make another medical real […]
News Release: Sila Realty Trust, Inc. Second Quarter 2023 Results
August 07, 2023 04:16 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the second quarter ended June 30, 2023. Highlights of the Quarter Ended June 30, 2023 vs. June 30, 2022 Rental revenue was $45.0 million, and was unchanged. Net income attributable to common stockholders was $3.9 million, […]
News Release: Sabra Reports Second Quarter 2023 Results
August 07, 2023 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the second quarter of 2023. SECOND QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the second quarter of 2023 were as follows: […]
News Release: Healthcare Realty Trust Reports Results for the Second Quarter (2023)
August 08, 2023 06:45 ET| Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., Aug. 08, 2023 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the second quarter ended June 30, 2023. The Company reported net loss attributable to common stockholders of $82.8 million, or $0.22 per diluted common share, for the quarter ended June 30, […]
News Release: JUST CLOSED – Mountain Point Medical Center | Salt Lake City Metro, UT | 60,000 S.F. | Medical Office Building
JLL Investment Advisory JLL Medical Properties Group Capital Markets Just Closed: Mountain Point Medical Center, Salt Lake City Metro, UT JLL Capital Markets, Medical Properties Group is pleased to announce the sale of Mountain Point Medical Center, a 60,000 square foot medical office building connected to the 40-bed Holy Cross – Mountain Point hospital in […]
News Release: Thomas Park Investments Acquires 125,000 SF Outpatient Medical Office Facility in Southboro, Massachusetts
August 04, 2023 11:27 AM Eastern Daylight Time ANNAPOLIS, Md.–(BUSINESS WIRE)–Thomas Park Investments, a leading real estate healthcare investment firm, announces the successful acquisition of 24-32 Newton Street, a multi-tenant outpatient medical office facility spanning 125,000 square feet in Southboro, Massachusetts. The property is anchored by Reliant Medical Group, UMass Memorial, and Walgreens. The acquisition […]
News Release: Charleston Cancer Center trades for $10.1M
JLL Capital Markets closes the sale of a mission critical medical office building in Charleston BOSTON Aug. 4, 2023 – JLL Capital Markets announced today that it arranged the $10.1 million sale of the Charleston Cancer Center totaling 26,256 square feet in Charleston, South Carolina at a 5.28% cap rate. JLL worked on behalf of […]
Life Sciences: No significant distress for LSRE – at least so far
But IMN panel says that’s something to watch in the next 12-24 months By Murray W. Wolf NEW YORK – Nearly $72 billion in U.S. commercial real estate (CRE) was considered “distressed” as of the end of the second quarter (Q2), an increase of 15 percent versus Q1, and another $162 billion of properties were […]
News Release: Two Leases Signed At South Mill At Elizabeth
PRESS RELEASE Fort Mill, SC (August 2023) – Vulcan Property Group is pleased to announce two new tenants coming to South Mill at Elizabeth. MPV is assisting the Landlord in leasing the project. The property is located at Fort Mill Parkway and Spratt Street, in Fort Mill, SC. Fort Mill Parkway is heavily travelled with […]
News Release: Regional Health Properties, Inc. Announces Commencement of Trading of Series B Preferred Stock on OTC Markets
August 03, 2023 16:52 ET Source: Regional Health Properties, Inc. ATLANTA, GA, Aug. 03, 2023 (GLOBE NEWSWIRE) — Regional Health Properties, Inc. (the “Company”) (NYSE American: RHE) (NYSE American: RHE-PA) (OTCQB Venture: RHEPB), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, announced today […]
