News Release: Healthpeak Properties Reports First Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock

DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2023. FIRST QUARTER 2023 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS –  Net income of $0.22 per share, Nareit FFO of $0.42 per share, FFO as Adjusted of $0.42 per share, AFFO of $0.38 per share, […]

News Release: LTC Reports 2023 First Quarter Results and Discusses Recent Activities

April 27, 2023 04:15 PM Eastern Daylight Time–(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, 2023. Three Months Ended March 31, 2023 2022 (unaudited) Net income available […]

News Release: Healthpeak Properties Board Appoints Kathy Sandstrom as Chair

DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Kathy Sandstrom was appointed as independent Chair of the Board of Directors. Ms. Sandstrom succeeds Brian Cartwright, who will continue to serve on the Board as an independent director. “Regular rotation of board leadership promotes effective corporate governance and introduces fresh perspectives and energy […]

News Release: Medical Properties Trust, Inc. Reports First Quarter Results

Per Share Net Income of $0.05 and Normalized FFO of $0.37 in First Quarter Recent Transactions Validate Underwritten Values; Provides Additional Capital Flexibility Declared Second Quarter Regular Dividend of $0.29 Per Share BIRMINGHAM, Ala., Apr. 27, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the […]

News Release: CBRE Group, Inc. Reports Financial Results for First-Quarter 2023

GAAP EPS Declined 68% to $0.37 Core EPS Declined 34% to $0.92 DALLAS, Apr. 27, 2023–(BUSINESS WIRE)–CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add […]

News Release: Montecito Medical Acquires Another Medical Office Property in Virginia

News Release: Montecito Medical Acquires Another Medical Office Property in Virginia

ROANOKE, Va., Apr. 27, 2023 — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 209,000-square-foot medical office property in Roanoke, Virginia.The two-story building is tenanted by Carilion Children’s Clinic. “This is a remarkable medical real estate asset located in an attractive market area,” said Rus Gudnyy, Senior Vice President of Investments […]

News Release: NexCore Group Names Michael Ray Chief Investment Officer

News Release: NexCore Group Names Michael Ray Chief Investment Officer

Michael Ray joins NexCore Group, bringing over 20 years of transactional, legal, and capital formation experience to the Denver-based firm. DENVER, April 26, 2023 (Newswire.com) – Denver-based NexCore Group, a national healthcare, science and technology, and seniors housing developer, announced that Michael Ray joined the firm as Chief Investment Officer. Michael Ray is a senior […]

News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area

News Release: Montecito Medical Acquires Medical Office Building in Phoenix Area

NASHVILLE, Tenn., Apr. 25, 2023 –(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 68,000-square-foot medical building in Peoria, Arizona. The building is 100% occupied by Banner Health, a leading health system in the Southwest headquartered in Phoenix. “We are excited to add this outstanding medical asset to our portfolio […]

News Release: NexCore Group Named 2023 Top Outpatient Healthcare Real Estate Developer

News Release: NexCore Group Named 2023 Top Outpatient Healthcare Real Estate Developer

NexCore Group was named the 2023 Top Healthcare Real Estate Developer for starting or completing over 723,000 SF of developer-owned healthcare real estate in 2022. DENVER, April 25, 2023 (Newswire.com) – NexCore Group has been named a 2023 Top Outpatient Healthcare Real Estate Developer by Revista’s Outpatient Healthcare Real Estate Development survey. From January to […]

News Release: Banner Health to build medical campus in Scottsdale

News Release: Banner Health to build medical campus in Scottsdale

Acute care hospital and cancer center will support growing Northeast Valley SCOTTSDALE, Ariz. (March 20, 2023)– Banner Health is finalizing the purchase of +/- 48 acres of land on the southwest corner of Hayden Rd. and the Loop 101 freeway to build a new, comprehensive medical center and support services in the Northeast Valley of […]

News Release: Medical Office Building M&A Activity Increases 14% in Q1:23, According to Data from Irving Levin Associates, LLC

Activity in the Medical Office Building M&A market increased in the first quarter of 2023, with 58 publicly announced transactions, according to data captured by LevinPro HC NEW CANAAN, CONN. (PRWEB) APRIL 14, 2023 — Merger and acquisition activity in the Medical Office Building (MOB) sector increased by 13.7% in Q1:23, according to data captured […]

News Release: Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength

News Release: Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength

Despite economic woes and bank failures, construction shows strength across Q1 HAMILTON, N.J, April 20, 2023 — (BUSINESS WIRE)–Total construction starts increased 19% in March to a seasonally adjusted annual rate of $1.09 trillion, according to Dodge Construction Network. During the month, nonresidential starts rose 33%, nonbuilding starts increased 17%, and residential starts moved 5% […]

News Release: McLeod Health Opens Third Medical Office Building in Carolina Forest

News Release: McLeod Health Opens Third Medical Office Building in Carolina Forest

Myrtle Beach, SC, April 19, 2023 — McLeod Health has opened their third building in the 43-acre expansion designed to provide services to meet the healthcare needs of residents within and around the Carolina Forest area. An Open House and Ribbon Cutting Celebration was held at the new McLeod Health Medical Office Building in Carolina Forest […]

News Release: New state psychiatric hospital to be built on existing Hawthorn Center location in Northville Township

State-of-the-art facility will serve both adults and youth as part of state’s  continued commitment to provide behavioral health services to Michigan families LANSING, Mich., April 17, 2023 – Today, as part of the state’s continued commitment to providing behavioral health services to Michigan families, the Michigan Department of Health and Human Services (MDHHS) and the Department […]

News Release: SMH-Venice Celebrates Topping Out of New Patient Tower

News Release: SMH-Venice Celebrates Topping Out of New Patient Tower

SARASOTA, Fla. – (April 12, 2023) – Sarasota Memorial celebrated a major milestone in the construction of a new, 5-story patient tower on its Venice campus. The “topping out” ceremony, a longstanding tradition that signifies work has reached the maximum height and, typically, the half-way point of construction. When complete next year, the patient tower […]