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 […]
News Release: Fairfield Advisors announces sale of Tri-State Orthopedic Medical Office Buildings
– $3,500,000 Transaction – (Denver, CO.) – Fairfield Advisors, a national Real Estate Advisory firm focused on the HealthCare marketplace, facilitated the sale of 2 Tri-State Orthopedic Medical Office Buildings in Southern Indiana. The 2 buildings, totaling 12,500 square feet, are located in Evansville and Vincennes. The anchor tenant in the building is Tri-State Orthopedics […]
News Release: Montecito Medical Acquires Medical Office Building in Philadelphia Area
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 surgery center […]
News Release: Newmark Arranges $44 Million Financing for Acute Care and Specialty Hospital in Houston, Texas
New York, NY (February 6, 2023) — Newmark announces it has arranged a refinancing loan for a physician-owned hospital facility located in Houston, Texas. The facility is 100% leased to two tenants, including an independent surgical hospital operator and national inpatient rehabilitation facility. The refinancing totaled $44 million in proceeds on a non-recourse basis, reflecting […]
News Release: MSP Commercial Purchase on Penn Ave for Relocation
NEWS RELEASE FOR IMMEDIATE RELEASE MINNEAPOLIS (Tuesday, February 28, 2023) – After receiving a Valentine’s Day approval from the City of Richfield, MSP Commercial finalized the purchase of the building at 6436 Penn Ave South last week, with plans to relocate their headquarters from Eagan. Previously zoned as wholesale warehouse, the project required a change […]
News Release: National Dental Healthcare REIT Posts ‘Explosive’ Growth In 2022
CHICAGO–(BUSINESS WIRE)–National Dental Healthcare REIT (NDH REIT), a Thurston Group portfolio company, has announced significant growth in 2022, where it has more than doubled its size and holdings in only its second full year. In 2022, the Chicago-based Real Estate Investment Trust (REIT) acquired 74 locations across 10 new states, totaling $87 million in acquisitions. […]
News Release: Blue West Capital Arranges the Sale of New Construction Single Tenant UCHealth in Erie, CO
ERIE, CO – [February 3, 2022] – Blue West Capital has completed the sale of the single tenant net lease UCHealth medical office building located at 2970 Arapahoe Road in Erie, CO for $5,650,000. Tom Ethington, of Blue West Capital, represented the 1031 exchange buyer, an Arizona-based family. The seller was a local developer. The […]
News Release: Phase 3 Real Estate Partners, Inc. signs life science company to 7,064 SF lease at GENESIS – HQ in San Diego, California
SAN DIEGO, CALIF., February 3, 2023 – Confirming the attractiveness of San Diego as a premier life science market, Phase 3 Real Estate Partners, Inc. announced that is has signed Nautilus Biotechnology to a new 7,064-square-foot lease at GENESIS – HQ, a two-story, 29,874-square foot Class A life science building located at 4475 Executive Drive […]
News Release: Omega Reports Fourth Quarter and Full Year 2022 Results
Completed $103 Million in New Investments in Q4 Continued Operator Portfolio Restructurings HUNT VALLEY, Md.–(BUSINESS WIRE)–Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter and year ended December 31, 2022. FOURTH QUARTER 2022 AND RECENT HIGHLIGHTS Net income for the quarter of $47 million, or $0.19 per […]
