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News Release: LTC Reports 2022 Second Quarter Results and Discusses Recent Activities
LTC Reports 2022 Second Quarter Results and Discusses Recent Activities WESTLAKE VILLAGE, Calif., July 28, 2022—(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the second quarter ended June 30, 2022. Three Months Ended […]
News Release: Appelt Properties Announces the Acquisition of a Healthcare Real Estate Portfolio Located in Ontario and Alberta
TORONTO, July 28, 2022 /CNW/ – Appelt Properties Inc., an industry-leading, owner and operator of healthcare real estate across Canada, announced today the closing of a $94.3 million, nine building healthcare portfolio of properties located in Ontario and Alberta. The portfolio was acquired in partnership with Centurion Asset Management Inc. and includes seven Ontario properties, comprising […]
News Release: Abbott Laboratories Life Science Campus in Minneapolis trades hands
JLL Capital Markets and CBRE facilitated the sale of the 280,289 SF portfolio to Virtus Real Estate Capital MINNEAPOLIS – July 28, 2022 – JLL Capital Markets, working alongside CBRE, has announced today that it has closed the sale of Abbott Laboratories Life Science Campus, a four building, 280,289-square-foot life science portfolio in Minneapolis, Minnesota. […]
News Release: H2C Secures Capital for Behavioral Health Facility Redevelopment
NEW YORK, July 28, 2022 — H2C Securities Inc. (“H2C”), a healthcare-focused strategic advisory firm, served as the exclusive advisor to AM Behavioral Health, LLC, a joint venture between the principals of Meridian Senior Living, LLC and Midwest Behavioral Management, LLC (“Sponsorship”), to secure equity and debt for the conversion of a senior living community […]
News Release: Newmark Arranges $200 Million Shariah-Compliant Medical Office Portfolio Financing for Joint Venture Between Big Sky and Bahrain-Based GFH
July 28, 2022 9:00 AM — Newmark announces it has arranged $200 million of Shariah-compliant financing for a medical office building portfolio on behalf of a joint venture between Dallas, Texas-based Big Sky Medical (“Big Sky”) and GFH, a leading institutional investor based in Bahrain with a global portfolio of investments. Earlier this year, Newmark […]
News Release: Aviridi Names Real Estate Veteran Jeffrey Rutishauser as Strategic Advisor, Expands Footprint of Philadelphia Life Sciences Corridor
Former CEO of Amstar Global and co-head of AIG/Lincoln has overseen more than 13 million square feet and $10 billion of commercial development PHILADELPHIA, July 28, 2022 (GLOBE NEWSWIRE) — Philadelphia’s life science corridor is one of the top 10 life sciences research talent clusters in the United States, according to a report from CBRE, […]
News Release: Diversified Healthcare Trust Expands its Portfolio of Life Science Properties In the San Francisco Bay Area Market with $82 Million Acquisition
NEWTON, Mass., July 28, 2022–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it has acquired 47071 Bayside Parkway located in Fremont, CA for $82 million, excluding closing costs, reflecting a current GAAP cap rate of 6.5% at closing. The recently renovated asset includes 89,000 rentable square feet of lab and corporate headquarters space that […]
News Release: Velocis Acquires 90k SF of Rockville Office Space in JV with Altus Realty; Plans Life Science/Lab Space Conversion
Two-Building Research Square located in the desirable Shady Grove biotech cluster ROCKVILLE, MD. – (July 27, 2022) – Velocis, a Dallas, Texas-based private equity real estate manager, acquired the two-building Research Square at 1500 & 1550 Research Blvd. in the Shady Grove submarket of Rockville, Md., in a joint venture with Arlington, Va.-based Altus Realty. […]
News Release: OrbVest Acquires 40th Street Medical Office Plaza In Phoenix, Arizona
OrbVest closed the purchase of the 41,703 square-foot office property for $8,810,711 in one of the fastest-growing metropolitan areas in the U.S. NEW YORK (PRWEB) JULY 27, 2022 — OrbVest (ORB), a global real estate company investing in income-producing medical commercial real estate in the United States, today announced they have recently closed on their purchase […]
News Release: CBRE to Broker Lease New Life Science Conversion in Newark, Calif. and Expand San Francisco Bay Area Life Sciences Hub
City of Newark grants permits to Buchanan Street Partners for $12 million renovation San Jose, Calif. – July 26, 2022 – CBRE announced it will be leasing the Newark Science Center, a new life science conversion of a two-story, R&D facility. The 50,000 sq. ft. state-of-the-art life science/lab facility is located in Newark, Calif and […]
News Release: Walz Capital Acquires 13,014 Square Medical Office Building in Sale Leaseback Transaction in Affluent Atlanta Suburb
ATLANTA, GA, July 26th, 2022 – Walz Capital today announced the acquisition of Atlanta Autism Centers, making this property their fourth property acquisition in the Greater Atlanta Area this year. The newly renovated, 13,014 square foot building is located in the rapidly growing suburb of Alpharetta, GA. Atlanta Autism Center‘s services include Autism Evaluation, Pediatric […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q22 and 1H22 Net Income per Share – Diluted of $1.67 and $0.74, respectively; and 2Q22 and 1H22 FFO per Share – Diluted, As Adjusted, of $2.10 and $4.15, respectively
PASADENA, Calif., July 25, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced financial and operating results for the second quarter ended June 30, 2022. Alexandria Real Estate Equities, Inc. All Rights Reserved ©2022 (PRNewsfoto/Alexandria Real Estate Equities, Inc.) Alexandria Real Estate Equities, Inc. All Rights Reserved ©2022 (PRNewsfoto/Alexandria Real Estate Equities, Inc.) Alexandria […]
News Release: Suburban Laboratories Lose Luster As Life Sciences Seek Urban Settings
Suburban research laboratories face increasing competition from urban centers as proximity to talent and capital drive life science companies’ site-location choices, said Joseph Simone of Simone Development Companies. BRONX, N.Y. (PRWEB) JULY 25, 2022 — Suburban research laboratories face increasing competition from urban centers as proximity to talent and capital drive life science companies’ site-location […]
News Release: Just Closed: Medical Plaza at Rex
RALEIGH, N.C., June 22, 2022 — Charlotte-based, Insite Properties and BentalGreenOak are pleased to announce the acquisition of the Medical Plaza at Rex, the first medical office building acquired by the new strategic partnership formed to acquire medical office and healthcare properties. The property is located at 4414 Lake Boone Trail on the UNC Rex Healthcare […]
News Release: TRANSFORMATION IS IN THE BUILDING: RENOWN SOUTH MEADOWS MEDICAL CENTER AND NEXCORE GROUP BREAK GROUND ON A NEW FREE-STANDING TOWER
The new space is part of Renown’s larger facilities enhancement project spanning all campuses July 20, 2022 (RENO, Nev.) – It is with great excitement that Renown Health and NexCore Group announce the groundbreaking of a state-of-the-art Specialty Care Center at Renown South Meadows Medical Center. This three-story building will be adjacent to the existing […]
