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News Release: LTC Reports 2024 First Quarter Results and Discusses Recent Activities
WESTLAKE VILLAGE, Calif.–(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 first quarter ended March 31, 2024. Three Months Ended March 31, 2024 2023 (unaudited) Net income available to common stockholders $ 24,065 […]
News Release: Physician Group Celebrates the Groundbreaking of a 60,000 Square-Foot Medical Office Building in Cypress, Texas
Exponential growth in Cypress drives demand for quality healthcare. The new, three-story, 60,000-square-foot multi-disciplinary medical office building is the first phase of the 30- acre Grand Cypress Medical Pavilions. HOUSTON, TX – April 26, 2024 – Dr. Kim Keller, a prominent General Surgeon in Houston and CEO of North Cypress Land Ventures LLC (NCLV), a […]
News Release: Lendlease and Extell Top Out 1520 First Avenue in New York
(New York, April 25, 2024) Lendlease, a leading global real estate and investment group, today announced its New York Construction group has topped out 1520 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Developed by Extell Development Company, the 400,000-square-foot state-of-the-art facility, slated for completion in 2025, will […]
News Release: Healthpeak Properties Reports First 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 first quarter ended March 31, 2024. FIRST QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.01 per share, Nareit FFO of $0.27 per share, FFO as Adjusted […]
News Release: Healthpeak Properties Reports First 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 first quarter ended March 31, 2024. FIRST QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.01 per share, Nareit FFO of $0.27 per share, FFO as Adjusted […]
News Release: Leveraging Real Estate to Bend the Cost Curve: How RTG Saved Ballad Health $9 Million Annually
Healthcare system mergers and acquisitions can be monumental undertakings, filled with numerous complexities spanning business, regulatory, and cultural challenges. When Mountain States Alliance merged with Wellmont Health to form Ballad Health, the stakes were high. With over 21 hospitals, and over 200 outpatient facilities totaling more than 3 million square feet spanning 14 counties in […]
News Release: Universal Health Realty Income Trust Reports 2024 First Quarter Financial Results
Consolidated Results of Operations – Three-Month Periods Ended March 31, 2024 and 2023: KING OF PRUSSIA, Pa., April 24, 2024 /PRNewswire/ — Universal Health Realty Income Trust (NYSE:UHT) announced today that for the three-month period ended March 31, 2024, net income was $5.3 million, or $.38 per diluted share, as compared to $4.5 million, or $.32 […]
News Release: Newmark Closing Announcement
NEWMARK HEALTHCARE CAPITAL MARKETS CLOSING ANNOUNCEMENT SALE-LEASEBACK OF FIVE RESIDENTIAL TREATMENT CENTERS RESIDENTIAL TREATMENT CENTER PORTFOLIO NY, FL, NJ & MA | MARCH 2024 The Newmark Healthcare Capital Markets team announces the sale-leaseback of five residential treatment centers located in New York, New Jersey, Florida and Massachusetts. The facilities, which offer a combined 62 beds, focus on the […]
News Release: PMB and Providence St. Joseph Hospital in Orange Open New ‘Helen Caloggero Women’s and Family Center’
Sprawling New Multi-Million Dollar Facility in Orange County is a One-Stop Location to Access Full-Suite of Women’s Health, Mother-Baby Services and More ORANGE, Calif., April 24, 2024 /PRNewswire/ — PMB, a leading healthcare real estate developer, and Providence St. Joseph Hospital celebrated the grand opening of the ‘Helen Caloggero Women’s and Family Center,’ a four-story, 137,000-square-foot […]
News Release: NexCore Group and HCA Healthcare Break Ground on New Ambulatory Surgery Center in Orem, Utah
The joint venture ASC will help meet the need for increased surgical support in the rapidly growing Central Utah Valley.The joint venture ASC will help meet the need for increased surgical support in the rapidly growing Central Utah Valley. DENVER, April 23, 2024 – NexCore Group, a leading real estate developer specializing in healthcare, life […]
News Release: MedProperties Realty Advisors Acquires Recently Completed Rehab Hospital in Colorado
Dallas, Texas, April 21, 2024 – For the second time in less than six months, MedProperties Realty Advisors, LLC has acquired a recently completed rehab hospital occupied by PAM Health. The acquisition of the rehab hospital in Greeley, Colorado follows the acquisition late last year of a similar facility on the West Coast of Florida. “Our recent […]
News Release: Sale Announcement: Multi-Specialty Outpatient Surgery Center | Effingham, IL
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a multi-specialty outpatient surgery located in Effingham, IL. Effingham Surgery Center consists of 17,201 rentable square feet and is 100% leased and occupied by the practicing physicians in partnership with USPI and Sarah Bush Lincoln Health System. Accredited by the […]
News Release: Gov. Kemp Signs Legislation Improving Healthcare Access and Affordability
Athens, GA – Governor Brian P. Kemp, accompanied by First Lady Marty Kemp, Lieutenant Governor Burt Jones, members of the General Assembly, and other state and local leaders, signed a sweeping package of legislation into law that will improve access to quality and affordable health care today at a ceremony in Athens. Among other things, the […]
News Release: Atkins Companies Begins Strategic Transformation of Washington, N.J. Healthcare Building
Project will add over 30,000 square feet of leasable medical space to the building Washington Township, N.J. (April 18, 2024) – Atkins Companies, a leading multigenerational commercial real estate development, investment and property management firm, announces it has begun a multi-million dollar capital improvement project at its Washington Medical Arts building (formerly Kennedy Health & […]
News Release: First Citizens Bank Provides $50 Million to Refinance Los Angeles Medical Office Building
JACKSONVILLE, Fla. — April 18, 2024 — First Citizens Bank today announced that its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office facility in Tarzana, California, a suburban section […]
