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News Release: Physicians Realty Trust Announces $400 Million Five-Year Term Loan
MILWAUKEE, May 24, 2023 –(BUSINESS WIRE)–Physicians Realty Trust (NYSE: DOC) (the “Company”) announced today that it has closed on a $400 Million Term Loan maturing May 2028 (the “Term Loan”). Pursuant to the Company’s unsecured credit agreement, the Term Loan will bear interest at a rate equal to Adjusted Daily Simple SOFR plus a spread […]
News Release: Medical Properties Trust Announces Closing of Sale of Seven Australian Hospitals
BIRMINGHAM, Ala., May 24, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has completed, as expected, the sale of seven Australian hospitals for AUD$730 million, with proceeds used to reduce its Australian term loan. MPT additionally settled the pro rata portion of its interest rate swap for a […]
News Release: Medical Properties Trust Announces Prospect Recapitalization Transactions
Third-Party Lenders Invest $375 Million in Prospect Proceeds Fully Repay Prospect’s ABL Facility BIRMINGHAM, Ala., May 23, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that affiliates of Prospect Medical Holdings (“Prospect”) have completed $375 million in new financings from third-party lenders, the proceeds of which will be used to […]
News Release: FCPT Announces Acquisition of two Fast Pace Health Properties for $4.9 Million
MILL VALLEY, Calif.–(BUSINESS WIRE)–Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of two Fast Pace Health properties for $4.9 million. Fast Pace Health is an urgent care provider with […]
News Release: First Citizens Provides $30 Million in Financing for Amavida Living Community in Florida
NEW YORK — May 17, 2023 — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251 independent-living units, 113 assisted-living units and 23 memory care units. The […]
News Release: NexPoint Expands Life Sciences Real Estate Footprint with Acquisition of Two Properties from Adare Pharma Solutions
Properties were indirectly acquired by NexPoint Life Sciences II DST, a Delaware statutory trust seeking to raise $42 million in equity from accredited investors via a private placement offering DALLAS, May 17, 2023 /PRNewswire/ — NexPoint, a multibillion-dollar alternative investment platform, today announced the acquisition of two life sciences industrial properties located in Philadelphia, Pennsylvania, from Frontida Biopharm, LLC, a company in the […]
News Release: State of the Art Outpatient Optical Center for Diabetics Slated for September Groundbreaking in Philadelphia, PA
PHILADELPHIA–(BUSINESS WIRE)–Pediatric and adult diabetic patients in Philadelphia can look forward to accessing specialized optical care this year thanks to the efforts of a collaboration between four optical industry chief executive officers. Tioga Diabetic Optical Laboratories, a cutting-edge black-owned commercial ophthalmic facility based in Philadelphia, PA has formed a strategic partnership with Satisloh North America, […]
News Release: CBRE Announces $29 Million Sale of 68,845-SF Medical Office Building in Long Beach, California
Los Angeles – May 15, 2023 – CBRE has announced the sale of Atlantic Medical Center, a 68,845-sq.-ft, purpose-built medical office building in Long Beach, to a private buyer for $29 million. CBRE’s Michael Longo, Mark Shaffer, Todd Tydlaska , Sean Sullivan, Anthony Delorenzo represented the seller, LA-based Jamison Properties, in the transaction. Located at […]
News Release: CareTrust REIT Announces First Quarter 2023 Operating Results
Conference Call Scheduled for Thursday, May 11, 2023 at 1:00 pm ET SAN CLEMENTE, Calif., May 10, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2023, as well as other recent events. For the quarter, CareTrust REIT reported: 96.3% of contractual rents collected; Net income of $19.2 million […]
News Release: HATCHlabs Named a 2023 NAIOP SoCal Awards Finalist for Interior Project of the Year
This prestigious nomination places HATCHlabs @ Irvine Spectrum among Southern California’s leading commercial real estate developments. DENVER, May 10, 2023 (Newswire.com) – HATCHlabs @ Irvine Spectrum, a joint development project between HATCHspacesⓇ, NexCore Science and Technology, BAM Creative, and HITT Contractors, was selected as a finalist for the 2023 NAIOP SoCal Awards under the “Interior […]
News Release: Five-Property Medical Office Portfolio Sold by Matthews™
Portfolio Located Throughout Kansas City MSA, Feature Long-Term Eyecare Tenants Kansas City, KS, May 9, 2023 — Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, handled the sale of a portfolio of quality healthcare assets located throughout the Kansas City MSA. The Sabates Eye Centers Portfolio features five well-established […]
News Release: Ventas Reports 2023 First Quarter Results
CHICAGO, May 08, 2023–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the first quarter ended March 31, 2023. CEO Remarks “Ventas’s excellent first quarter results underscore the strong momentum across our diverse business. Our performance was led by outstanding top- and bottom-line growth in SHOP, complemented by favorable, compounding growth […]
News Release: Sila Realty Trust, Inc. First Quarter 2023 Results
TAMPA, Fla, May 4, 2023 –(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the first quarter ended March 31, 2023. Highlights of the Quarter Ended March 31, 2023 vs. March 31, 2022 Rental revenue was $49.6 million, an increase of 12%. Net income attributable to common stockholders was $14.2 million, an increase of […]
News Release: Physicians Realty Trust Reports First Quarter 2023 Financial Results
Announces $85.6 Million of First Quarter Investments and Commitments Announces $0.04 Net Income per Share and $0.24 Normalized FFO per Share for the First Quarter of 2023 First Quarter Highlights: Reported first quarter 2023 total revenue of $134.3 million, an increase of 3.0% over the prior year period. Reported net income of $10.7 million for […]
News Release: Sabra Reports First Quarter 2023 Results
IRVINE, Calif., May 3, 2023–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the first quarter of 2023. FIRST QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the first quarter of 2023 were as follows: Net Loss: $(0.04) FFO: $0.32 […]
