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News Release: Big Sky Medical Expands Healthcare Footprint with Strategic Acquisition in Booming Austin Suburb
CEDAR PARK, TX – July 23, 2024 – Big Sky Medical today announced the acquisition of Baylor Scott & White – Cedar Park, a 38,709 RSF Class A medical outpatient building located in the rapidly growing Austin, Texas metropolitan area. The property is 100% net- leased to Baylor Scott & White Health, Texas’s largest not-for-profit […]
News Release: Healthpeak Properties Reports Second Quarter 2024 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net income of $0.21 per share, Nareit FFO of $0.44 per share, FFO as Adjusted of […]
News Release: Berkadia Negotiates $42.55M Seniors Housing Portfolio Sale In Florida
TAMPA, FL – July 25, 2024 – Berkadia announced today the sale of a four-property, 334-unit assisted living and memory care portfolio along Florida’s West Coast. Senior Director Brooks Minford of Berkadia Seniors Housing & Healthcare closed the transaction on behalf of two separate sellers. The buyer of all four properties, a Central Florida-based family […]
News Release: Healthcare Real Estate Advisory Group Appoints Patrick Dwyer as Executive Managing Director
(Houston, July 2024) The TICI Group of Companies is pleased to announce the appointment of N. Patrick Dwyer as Executive Managing Director, Healthcare Real Estate Advisory and Managing Director, Capital Markets. With over two decades of commercial real estate expertise, he has held positions at several prominent firms, including NAI Ohio Equities, Hplex Solutions, and […]
News Release: Cushman & Wakefield Advises Sale of Medical Office Building in Bellevue, WA Targeted for New ±150-Room Hotel Redevelopment
Kauri Investments acquires site in Warburton neighborhood for $6.75 million Eye Clinic of Bellevue completes sale / leaseback of property for a few more years before relocating to larger facility BELLEVUE, Wash. – July 25, 2024 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding 5,519-square-foot medical office building on a […]
News Release: CBRE Expands Healthcare Advisory Practice in Denver with Senior Vice President Ken Brown
Denver – July 25, 2024 – CBRE announced that Ken Brown has joined its Denver office as a Senior Vice President with CBRE’s Advisory Services Healthcare practice. Mr. Brown will partner with Stuart Thomas and Chessa Pike. The team focuses exclusively on the healthcare sector with an emphasis on assisting mental and behavioral health companies […]
News Release: The St. Joe Company Reports Second Quarter and First Half 2024 Results and Increases Quarterly Dividend by 17%
Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by […]
News Release: Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash […]
News Release: Sila Realty Trust, Inc. Announces Final Results of Modified “Dutch Auction” Tender Offer
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced the final results of its modified “Dutch Auction” tender offer (the “Offer”) to purchase for cash up to […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q24 and 1H24 Net Income per Share – Diluted of $0.25 and $1.22, respectively; and 2Q24 and 1H24 FFO per Share – Diluted, as Adjusted, of $2.36 and $4.71, respectively
PASADENA, Calif., July 22, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2024. Key highlights Operating results 2Q24 2Q23 1H24 1H23 Total revenues: In millions $ 766.7 $ 713.9 $ 1,535.8 $ 1,414.7 Growth 7.4 % 8.6 % Net income attributable to Alexandria’s […]
News Release: Construction on $220M expansion project begins at AdventHealth Daytona Beach
Construction has officially begun at AdventHealth Daytona Beach on a multi-phased, $220 million project to add 104 inpatient beds, four new surgical suites, and more than 240,000 square feet to the facility. The construction includes vertical expansions on two existing towers at AdventHealth Daytona Beach: a four-story vertical expansion on one tower and a one-story […]
News Release: The Landing brings Class A life sciences lab, office space to Burlingame
Nestled on the San Francisco Peninsula, Burlingame, California, has long been recognized for its charming streets, high quality of life, active retail corridors, and centralized location near primary highways and transit centers. Now it’s drawing attention from national developers, like King Street Properties (“King Street”), as a pivotal hub for life science companies. King Street is a […]
News Release: AW Property Co. Announces New Hire and New Appointment
North Palm Beach, Florida, July 19, 2024 –AW Property Co., a real estate investment and operating company specializing in healthcare properties, is pleased to announce the hiring of Drew Hoffman as Chief Financial Officer. Mr. Hoffman serves o the firm’s Investment Committee and is primarily responsible for the strategic planning, managing and reporting on all […]
News Release: Equity secured for the development of Utah medical office building
JLL Capital Markets advised Fort Street Partners on the equity placement for the Eagle Mountain Medical Office Building Development in Eagle Mountain, Utah. SALT LAKE CITY, UT, July 18, 2024 – JLL Capital Markets announced today that it has arranged equity placement for the Eagle Mountain Medical Office Building Development (“Eagle MOB”), a 24,655-square-foot medical office […]
News Release: The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners – Primary Care opened to patients in the newly constructed medical office building […]
