News Release: First Citizens Bank Provides $50.3 Million Financing for Recapitalization of Medical Office Building Portfolio
NEWS PROVIDED BY CIT, a division of First Citizens Bank Feb 21, 2023, 09:23 ET NEW YORK, Feb. 21, 2023 /PRNewswire/ — First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $50.3 million in financing to Montecito Medical Real Estate to recapitalize a portfolio of medical office buildings. The […]
News Release: LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities
LTC Reports 2022 Fourth Quarter Results and Discusses Recent Activities February 16, 2023 09:00 AM Eastern Standard Time 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 fourth quarter ended December 31, […]
News Release: Fountain Life Opens Innovative Precision Diagnostic Center in Orlando’s Lake Nona Community
NEWS PROVIDED BY Fountain Life Feb 16, 2023, 08:30 ET State-of-the-art center brings AI-enabled health screenings and diagnostic capabilities to Lake Nona’s high-tech health and life sciences district NAPLES, Fla., Feb. 16, 2023 /PRNewswire/ — Fountain Life, a preventative health and longevity company committed to transforming global healthcare from reactive to proactive, today announced that it […]
News Release: Viva Bene Announces Healthcare Partner and Breaks Ground on First Community
Avenue Partners with Sevi Health to Deliver New Model of Integrated Living February 16, 2023 06:43 AM Eastern Standard Time ST. PETERS, Mo.–(BUSINESS WIRE)–Senior housing developer Avenue Development announces that new Viva Bene active adult community brand has partnered with national primary care provider, Sevi Health. The partnership combines Viva Bene’s vision of delivering holistic […]
News Release: Medical Properties Trust Announces Agreements for CommonSpirit Health to Acquire Steward’s Utah Operations and Lease MPT’s $1.2 Billion Utah Portfolio
February 15, 2023 04:32 PM Eastern Standard Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has agreed to lease its entire Utah hospital portfolio to Catholic Health Initiatives Colorado (“CHIC”), a wholly owned subsidiary of CommonSpirit Health (“CommonSpirit”), subsequent to CHIC’s pending acquisition of the Utah […]
News Release: Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2022
NEWS PROVIDED BY Community Healthcare Trust, Inc. Feb 14, 2023, 16:45 ET FRANKLIN, Tenn., Feb. 14, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced results for the three months ended December 31, 2022. The Company reported net income for the three months ended December 31, 2022 of approximately $5.2 million, or $0.19 per diluted common share. Funds from operations […]
News Release: Karley Fant Joins ERDMAN’s Business Development Team
ERDMAN February 14, 2023 FOR IMMEDIATE RELEASE Fant brings strategic comprehensive business development experience to ERDMAN. Madison, Wis – Karley Fant, MBA, joins ERDMAN as the company’s new Director of Business Development. Fant’s commitment to developing both authentic and strategic relationships will help ERDMAN build a presence throughout the southeastern U.S. With experience in the […]
News Release: NAI James E. Hanson Helps Pediatric Speech Pathologist Practice Relocate to Fairfield, N.J.
Fairfield, N.J. (February 14, 2023) – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces a 12,954-square-foot medical office lease at 155 Passaic Avenue in Fairfield, N.J. NAI James E. Hanson’s Andrew Kirshenbaum represented the tenant, Brave Wings Therapy, in the transaction with the landlord, Bergman Real Estate Group. […]
News Release: The Neenan Company Completes Four Health Care Projects Throughout Western U.S., Prepares to Deliver Another Two
Design-Build Firm Supports CHCs, Rural and Specialty Care Providers with More Than 170,000 Square Feet of Cutting-Edge Medical Facilities FORT COLLINS, Colo. — The Neenan Company, a fully integrated design-build firm based in Colorado, has closed out 2022 completing four health care projects across the western U.S., and plans to deliver another two in the […]
News Release: Real Estate Developer Cambridge Holdings Establishes Advisory Board
FOR IMMEDIATE RELEASE Dallas, Texas, February 13, 2023 – Dallas-based Cambridge Holdings Incorporated has established a seven-member Advisory Board to help guide its growth in markets across the United States. Board members’ expertise represents public and private sectors and covers the spectrum across city government and economic development as well as Diversity, Equity and Inclusion […]
News Release: The Sanders Trust Completes Development of 40-Bed Rehabilitation Hospital
New 56,000-sq. ft. Facility Located in Arizona Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the completion of Dignity Health East Valley Rehabilitation Hospital – Gilbert located in Gilbert, Arizona. The Sanders Trust was selected as the owner and developer of […]
News Release: Walz Capital Acquires Medical Office Building through Physician Group Sale Leaseback in Myrtle Beach, South Carolina
FOR IMMEDIATE RELEASE MYRTLE BEACH, SC., February 13, 2023 – Chicago-based Walz Capital today announced their acquisition of a 9,546 square foot Medical Office Building in Myrtle Beach, SC. The two-story building, which is located at 1945 Glenns Bay Road, is master leased by South Strand Internists, with a 1,600 square foot sublease LabCorp. This […]
News Release: Community Healthcare Trust Incorporated Chairman, Chief Executive Officer And President, Timothy G. Wallace, Taking Medical Leave Of Absence
FRANKLIN, Tenn., Feb. 13, 2023 /PRNewswire/ — Community Healthcare Trust Incorporated (NYSE: CHCT) (the “Company”) today announced that Timothy G. Wallace is taking a medical leave of absence from his roles as Chairman of the Board, Chief Executive Officer and President of the Company, effective as of February 10, 2023, due to complications from a […]
News Release: Healthpeak Announces Closing of Holding Company Reorganization
DENVER, Feb. 10, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) (the “Company”) today announced the completion of its holding company reorganization (the “Reorganization”), which restructured the Company as an Umbrella Partnership Real Estate Investment Trust, or UPREIT. The Reorganization provides additional flexibility for the Company to efficiently acquire properties in a tax-deferred manner and […]
News Release: CareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating Results
Conference Call Scheduled for Friday, February 10, 2023 at 1:00 pm ET SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events. For the quarter, CareTrust REIT reported: 95.5% of contractual rents collected; Net income of $14.4 million and […]