News Release: Ventas Reports 2022 Fourth Quarter and Full Year Results and Provides 2023 Outlook
CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today reported results for the fourth quarter and full year ended December 31, 2022. CEO Remarks “We are pleased to have delivered a strong fourth quarter, which reflects the attractive operating and financial results of our diverse portfolio and the benefits of our key strategic initiatives. […]
News Release: Montecito Acquires Two Orthopedic Medical Office Properties in Cincinnati
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of two orthopedic medical office buildings in the Cincinnati area. The buildings, which have a combined total of more than 130,000 square feet, are fully leased to Beacon Orthopedics, the Cincinnati area’s dominant orthopedic practice. Each of […]
News Release: Montecito Medical Acquires Medical Office Building in Philadelphia Area
NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a leading acquirer of medical office properties nationwide, has completed the acquisition of a medical office property in the greater Philadelphia market area. The 27,500 square-foot building, located in Bensalem Township, is tenanted by two prominent provider groups, Alliance Cancer Specialists and US Digestive Health/Gastrointestinal Specialists. The property includes an ambulatory […]
News Release: $12,050,000 Sale Announcement
15-Year STNL Medical Office Building Portfolio (4) with Leading Independent Midwest Eye Care Provider Madison Street Group is pleased to announce the investment sale of the Whitewater Eye Centers Real Estate Portfolio located in Indiana (3) and Ohio (1) to Montecito Medical Real Estate. Investment Highlights: Three (3) MOBs with one (1) ambulatory surgery center (ASC), and one […]
News Release: Revolutionary Surgical Center Comes to Littleton (Colo.)
NEWS PROVIDED BY Broe Real Estate Group Feb 09, 2023, 09:03 ET Mineral Medical Center to House New Arapahoe County Hub for Outpatient Care DENVER, Feb. 9, 2023 /PRNewswire/ — Mineral Medical Center, the multi-tenant medical building located at 1501 W. Mineral Avenue in Littleton, is proud to announce the addition of Mineral Surgery Center, LLC. […]
News Release: Vanbarton Healthcare Group and Tramview Capital Management Complete First Closing of 2023
NEW YORK, New York (February 7, 2023) – The healthcare division of Vanbarton Group recently completed its first acquisition of 2023 with the purchase of a 24,000 square foot medical office building located in Tucson, Arizona. The property is fully leased to Northwest Hospital—one of the top integrated healthcare systems in southern Arizona. Situated on […]
News Release: Newmark Facilitates $72.7 Million Sale of Medical Office Building Portfolio
The five assets total 179,000 square feet and span four states New York, NY (February 8, 2023) — Newmark announces the $72.7 million sale of a five-building, Class A medical office building portfolio. The 179,000-square-foot portfolio comprising outpatient medical office buildings and surgery centers spans four states—Pennsylvania, Connecticut, Georgia and Texas. Newmark represented the seller […]
News Release: Outpatient healthcare services and facilities set for enormous growth
The aging U.S. population is driving demand for outpatient healthcare services facilities, reinforcing the stability of medical office assets CHICAGO, Feb. 8, 2023 – Although they comprise only 30% of the U.S. population, the 55+ populace is the biggest consumer of U.S. healthcare services, and the 80+ cohort is forecasted to balloon nearly 50% in […]
News Release: CVS Health to Acquire Oak Street Health
Acquisition further advances CVS Health’s care delivery strategy for consumers WOONSOCKET, R.I. and CHICAGO, Feb. 8, 2023 /PRNewswire/ — CVS Health® (NYSE: CVS) and Oak Street Health (NYSE: OSH) have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value […]
News Release: Medical Properties Trust Announces Closing of Lifepoint Health’s Acquistion of Majority Ownership Interest in Springstone
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that Lifepoint Health (“Lifepoint”) has completed its previously announced acquisition of a majority ownership interest in Springstone Health Opco, LLC (“Springstone”) from Springstone’s management group. In conjunction with Lifepoint’s acquisition, MPT sold for approximately $205 million in cash its approximately $190 […]
News Release: Healthpeak Properties Reports Fourth Quarter and Year Ended 2022 Results
DENVER, Feb. 7, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the fourth quarter and full year ended December 31, 2022. FOURTH QUARTER 2022 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.01 per share, Nareit FFO of $0.35 per share, FFO as Adjusted of $0.44 per share, and blended […]
News Release: Lifepoint Health Acquires Majority Ownership Interest in Springstone
Completed transaction brings 18 new behavioral health hospitals and 35 outpatient locations into Lifepoint’s diversified healthcare delivery network, bolstering expertise, resources and facilities BRENTWOOD, Tenn.–(BUSINESS WIRE)-–Lifepoint Health announced today that it has completed the transaction to acquire a majority ownership interest in the operating company of Springstone, a national behavioral health provider. The transaction expands […]
News Release: McLeod Health Celebrates the Opening of New Medical Office Building
McLEOD HEALTH SEACOAST 7 FEBRUARY 2023 McLeod Health celebrated an Open House and Ribbon Cutting for McLeod Seacoast Medical Park Building 2 on Thursday, February 2nd. This additional medical office building on the McLeod Health Seacoast campus is located at 3793 McDowell Lane, Little River, SC. Community members had the opportunity to tour the facility […]
News Release: Done Deal: Blueprint provides support in La Porte
Blueprint assists Seller in divesting a non-core medical office building in La Porte, Indiana Seller engaged Blueprint to run a targeted, yet expedited marketing process on the 6,000 SF single tenant MOB, which was recently vacated by a regional dialysis operator The institutionally managed asset was presented as an excellent opportunity for investors looking to […]
News Release: Avison Young negotiates 45,257-sf office lease for Barton Associates in Las Vegas
Las Vegas, NV – Avison Young announced today it has negotiated a five-year, 45,257-square-foot (sf) office lease on behalf of the tenant, Barton Associates, the fourth largest locum tenens staffing company in the U.S. and its subsidiary, Barton Healthcare Staffing, a leading travel allied health and specialty nursing staffing firm. The companies will occupy the […]