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News Release: Tenet Healthcare to Sell Five Birmingham Hospitals to Orlando Health
Tenet announces agreement to sell Birmingham hospitals and related operations; reaffirms latest FY24 Adjusted EBITDA Outlook DALLAS–(BUSINESS WIRE)– Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Orlando Health for the sale of Tenet’s 70% majority ownership interest in Brookwood Baptist Health in Birmingham for approximately $910 million in cash (after-tax proceeds […]
News Release: Cushman & Wakefield’s Healthcare Capital Markets Team Arranges Acquisition Financing for Medical Outpatient Portfolio in Paducah, Kentucky
Cushman & Wakefield’s Tyler Morss Represents Montecito Medical Real Estate in Financing for 100 & 200 Clint Blvd. NEW YORK, August 2, 2024 – Cushman & Wakefield announced today that firm represented investor Montecito Medical Real Estate in securing $15 million in bank financing for the acquisition of 100 and 200 Clint Boulevard in Paducah, […]
News Release: Healthcare Realty Trust Reports Results for the Second Quarter
The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Generated approximately $400 million of proceeds from JV and asset sale transactions through the second quarter Additional transactions under contract or LOI that are expected to increase proceeds to more […]
News Release: CareTrust REIT Funds $378 Million in New Investments; Announces Replenished Investment Pipeline of $270 Million
August 01, 2024 06:36 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded approximately $378 Million in new investments this week, including the funding of a $260 million senior mortgage loan and a $43 million preferred equity investment in connection with the borrower’s acquisition of a 37-facility […]
News Release: Diversified Healthcare Trust Announces Second Quarter 2024 Results
August 01, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s second quarter 2024 financial results will be held […]
News Release: Omega Reports Second Quarter 2024 Results and Recent Developments
Completed $648 Million in New Investments Year-to-Date Increased Full Year Adjusted FFO Guidance August 01, 2024 04:15 PM Eastern Daylight Time HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2024. SECOND QUARTER 2024 AND RECENT HIGHLIGHTS Net income for the […]
News Release: Ventas Reports 2024 Second Quarter Results
August 01, 2024 04:10 PM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the second quarter ended June 30, 2024. CEO Remarks “We started 2024 with momentum, which continued in the second quarter as we delivered another quarter of strong results. We are executing on our focused […]
News Release: Portal Innovations Partners with the University of Chicago at Hyde Park Labs to Launch New Science Incubator
August 01, 2024 11:04 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Portal Innovations, a national venture creation and development platform, is partnering with the University of Chicago’s Polsky Center for Entrepreneurship and Innovation to design and manage a science startup incubator at Hyde Park Labs. The UChicago Science Incubator will encompass approximately 22,000 square feet at Hyde […]
News Release: Net Absorption of Lab Space Grew Nationally in the Second Quarter
Meanwhile, construction completions totaling 5 million sq. ft. push vacancy rate to 16.7% Dallas – Aug. 1, 2024 – The U.S. life sciences real estate market generated positive net absorption in the second quarter while a wave of construction completions nonetheless increased the national lab vacancy rate, according to a new report from CBRE. Net absorption […]
News Release: CareTrust REIT Announces Second Quarter 2024 Operating Results
Conference Call Scheduled for Friday, August 2, 2024 at 1:00 pm ET August 01, 2024 06:41 PM Eastern Daylight Time SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2024, as well as other recent events. For the quarter, CareTrust REIT reported: Investments of $267.7 million during […]
News Release: Just Closed | Riviera Village Dental Office Building | Owner-User
• Riviera Village Medical/Dental Building • Multiple Offers • Managed Complicated Transaction Multiple Buyers and Sellers • Seamless SBA Loan Process CONTACT ME For more information, please contact: SIMON MATTOX Senior Vice President 310.906.3295 e-mail Simon LIC N° 01732008 KIDDER.COM
News Release: Hygea Healthcare Celebrates Grand Opening of State-of-the-Art Rehabilitation Center in Middle River
MIDDLE RIVER, Md.–(BUSINESS WIRE)–Hygea Healthcare leadership was joined by Gov. Wes Moore, Special Secretary Emily Keller of the Maryland Office of Overdose Response, Baltimore County Deputy Administrative Officer Elisabeth Sachs, and former Baltimore County Councilwoman Cathy Bevins to officially open its cutting-edge, 50-bed, 30,000 sq ft, substance use treatment center at 1210 Middle River Rd. […]
News Release: Montgomery County Council Approves Great Seneca Plan: Connecting Life and Science
For Immediate Release: Tuesday, July 30, 2024 The Montgomery County Council voted today to approve the Planning Board Draft of the Great Seneca Plan: Connecting Life and Science with revisions. The plan covers 4,330 acres located in the heart of the I-270 Corridor between the cities of Gaithersburg and Rockville and the town of Washington Grove. […]
News Release: Stevens Construction completes Surgical Healing Arts Center & Metro Alliance Surgery Center
FORT MYERS, Fla. (July 30, 2024) – Stevens Construction has completed construction management services for a two-story, 20,764-square-foot medical office building and surgery center located at 6201 Alliance Lane, announced Daniel Adams, Stevens Construction executive vice president. The first-floor houses Surgical Healing Arts Center, which specializes in medical and surgical weight loss, advanced robotic and […]
