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News Release: Diversified Healthcare Trust Provides Monthly SHOP Performance Update

NEWTON, Mass.–(BUSINESS WIRE)—Diversified Healthcare Trust (Nasdaq: DHC) today provided an update regarding the recent performance of its Senior Housing Operating Portfolio, or SHOP, segment. Monthly Unaudited Results in DHC’s Total SHOP Properties: February 2024 occupancy was 78.9%, a decrease of 10 basis points from January 2024, and 190 basis points higher than February 2023. February […]

News Release: Rural Healthcare Infrastructure Gets Boost From American Lending Center Participation

IRVINE, Calif.–(BUSINESS WIRE)–American Lending Center has announced participation in construction of two rural hospitals as part of its ongoing efforts to improve rural healthcare. The hospitals are literally on opposite sides of the country – one in Bessemer, Alabama, and the other in Grant County, Washington. Magnolia Bank, headquartered in Kentucky, was the issuing partner […]

News Release: Wellstar MCG Health celebrates progress on Wellstar Columbia County Hospital with ceremonial groundbreaking

News Release: Wellstar MCG Health celebrates progress on Wellstar Columbia County Hospital with ceremonial groundbreaking

COLUMBIA COUNTY, Ga., April 2, 2024 — With a mound of red dirt piled behind them and wearing a hard hat, Brian P. Kemp, Governor of Georgia lifted a purple-bowed shovel full of gray dirt Monday morning, ceremonially breaking ground on the Wellstar Columbia County Medical Center. Joining him in this symbolic event were Georgia […]

News Release: Clay Town Center Celebrates Grand Opening of Professional Office Park

News Release: Clay Town Center Celebrates Grand Opening of Professional Office Park

PRESS RELEASE • APR 2, 2024 09:00 EDT MIDDLEBURG, Fla., April 2, 2024 (Newswire.com) – Clay Town Center, a project by Paradigm Development Partners, is thrilled to announce the grand opening of its latest project, the Clay Town Center Professional Office Park, a modern office complex designed to meet the needs of today’s businesses. Located […]

News Release: Ohio State, City of Powell mark start of construction of Outpatient Care Powell

News Release: Ohio State, City of Powell mark start of construction of Outpatient Care Powell

COLUMBUS, Ohio – The City of Powell and The Ohio State University Wexner Medical Center are celebrating the beginning of construction on a new outpatient care facility. Outpatient Care Powell is a $183 million project that will include a two-story health center and an attached five-story medical office building. Similar to recent outpatient care facilities […]

News Release: CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities

SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties. The multi-service senior living campuses include 475 assisted living, skilled nursing, and memory care beds/units. All three facilities will be operated by Bayshire Senior Communities, an existing […]

News Release: ERE Healthcare Real Estate Advisors Welcomes Andrew Matthews as Director of Healthcare Real Estate Brokerage

News Release: ERE Healthcare Real Estate Advisors Welcomes Andrew Matthews as Director of Healthcare Real Estate Brokerage

For Immediate Release April 1st, 2024 Newport Beach, CA – ERE Healthcare Real Estate Advisors (ERE) is proud to announce the appointment of Andrew Matthews as Director in their Newport Beach office. Joining an esteemed team of healthcare real estate experts, Andrew brings valuable expertise to the firm through his wealth of experience in real […]

News Release: Ventas Issues Business Update (April 2024)

News Release: Ventas Issues Business Update (April 2024)

April 01, 2024 09:25 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–In conjunction with upcoming investor meetings, Ventas, Inc. (NYSE: VTR) (the “Company”) has issued a business update which is available on the Company’s website. These materials will be archived at ir.ventasreit.com/events-and-presentations for a limited period. About Ventas Ventas, Inc. (NYSE: VTR) is a leading S&P 500 […]

279 East Grand Avenue on the Alexandria Center® for Advanced Technologies – South San Francisco mega campus. Courtesy of Alexandria Real Estate Equities, Inc.

News Release: Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal With insitro for a 6-Year Lease Extension

Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal With insitro for a 6-Year Lease Extension at the Alexandria Center for Advanced Technologies Mega Campus in South San Francisco NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 01 Apr, 2024, 08:30 ET PASADENA, Calif., April 1, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), […]

News Release: Tenet Completes Sale of Six Hospitals in California

April 1, 2024 DALLAS–(BUSINESS WIRE)– Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of six hospitals and related operations in California consistent with previously disclosed terms. Tenet completed the sale of its four Orange County and Los Angeles County hospitals and related operations to UCI Health – consistent with the […]

News Release: UCLA Health acquires West Hills Hospital and Medical Center

News Release: UCLA Health acquires West Hills Hospital and Medical Center

March 29, 2024 UCLA Health has acquired the 260-bed West Hills Hospital and Medical Center and related assets from HCA Healthcare. The transaction, which was finalized on March 28, will help address hospital inpatient capacity needs, allowing UCLA Health to provide world-class care to more patients across the region. The hospital has been renamed UCLA […]

Rendering of new development at 124 Westboro Road in Grafton, courtesy of GFI Partners

News Release: Commercial Development Coming to Former Grafton State Hospital

MassDevelopment, the State’s Land Bank, Sells 33-Acre Parcel to Boston-Based GFI Partners for Creation of New 200,000-Square-Foot Development to be Leased for Life Science or Other Industrial, Flex Uses GRAFTON, Mass. – MassDevelopment has sold a 33.2-acre parcel at 124 Westboro Road in Grafton, formerly part of the state-owned Grafton State Hospital, to GFI Partners. […]

News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego

News Release: Phase 3 Real Estate Partners, Inc. sees a downtown life science cluster forming after signing another lease at GENESIS-San Diego

JLL represents landlord in lease to AnaBios which brings the property to 50 percent leased SAN DIEGO, CALIF., March 28, 2024 – Confirming that Downtown San Diego is a growing life science cluster, Phase 3 Real Estate Partners, Inc. has proudly announced its newest lease with AnaBios within the highly coveted GENESIS-San Diego. This cutting-edge, […]

News Release: Hospital acquisitions met with celebration, excitement

News Release: Hospital acquisitions met with celebration, excitement

Ribbon-cutting ceremony at UCI Health ― Fountain Valley marks historic moment March 28, 2024 IN THE NEWS: This week, UCI Health celebrated the acquisition of four medical centers and their associated outpatient locations. The purchase will enable Orange County’s only academic health system to build on its commitment to improve health in communities by expanding […]

News Release: Orlando Health Neuroscience Institute Unveils New Facility on Downtown Orlando Campus

News Release: Orlando Health Neuroscience Institute Unveils New Facility on Downtown Orlando Campus

The space will be the new home of the neuroscience service lines Orlando, FL (March 28, 2024) – Orlando Health Neuroscience Institute is opening a brand-new facility in the heart of the healthcare system’s downtown Orlando campus that will serve patients throughout the southeastern United States. The three-story, 45,000-square-foot medical office building will house neurology, […]