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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: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower
Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health Network (WMCHealth) leadership, gathered to commemorate the start of construction for the […]
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 […]
News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Japanese Medical Device Manufacturer Nipro Will Establish Presence in North Carolina with $397.8 Million Investment in Pitt County
Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will invest $397.8 million to build its first North American manufacturing center of excellence in Greenville, North Carolina, creating 232 jobs in Pitt County. Nipro Medical Corporation, a world leader in the healthcare and medical device industry, announced it will […]
News Release: Woodside Health Announces Acquisition of 851 @ Rampart – Las Vegas MSA
CLEVELAND, OH (July 16, 2024) – Woodside Health is excited to announce its acquisition of 851 @ Rampart in Summerlin, Nevada. The 2-story medical office building has approximately 51,000 rentable square feet and is located at 851 S. Rampart Blvd. “We are bullish on the Las Vegas MSA and this transaction represents our third healthcare […]
News Release: Alliance Formed to Acquire Elanco Campus
JULY 15, 2024, GREENFIELD, IN. – Hancock County based, Pride Investment Partners, NineStar Connect, and Hancock Health are thrilled to announce a strategic alliance called HealthStar Partners. Under this newly formed partnership, the group has acquired the South 20.4 acres of the Elanco campus, including the five primary Elanco buildings located at I-70 and […]
News Release: INCOG BioPharma Accelerates Expansion Plans
The Fishers, Indiana-based CDMO announces new investment for growth into second building, enhanced manufacturing capabilities FISHERS, Ind., July 15, 2024 /PRNewswire/ — INCOG BioPharma Services, a contract development and manufacturing organization (CDMO) specializing in sterile injectable biopharmaceuticals, is excited to announce a new investment to expand its manufacturing capabilities. The expansion includes the construction of a […]