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News Release: Just Closed - SG Healthcare Portfolio

News Release: Just Closed – SG Healthcare Portfolio

JUST CLOSED SG Healthcare Portfolio Metro Atlanta Sale Date: 7/31/2019 Property Size: 85,637 SF Occupancy: 96% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the SG Healthcare Portfolio (the “Portfolio”). Lee Asher, Chris Bodnar, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. The Portfolio consists of […]

News Release: BOLOUR Provides Entitled Land Financing for Kaiser-Adjacent Master-Planned Site

News Release: BOLOUR Provides Entitled Land Financing for Kaiser-Adjacent Master-Planned Site

Bolour Provides Entitled Land Financing For Kaiser-Adjacent Master-Planned Site HIGHLIGHTS Quick Close 95% Loan-To-Cost Collateral Release Provisions Modesto, CA BOLOUR has provided entitled land financing for a four-parcel site situated adjacent to the newly constructed Kaiser Permanente Hospital in Modesto, California. The $2.2 million loan will be secured by a 240,000-square-foot land site located within […]

News Release: John Huff tapped to accelerate healthcare services nationwide

News Release: John Huff tapped to accelerate healthcare services nationwide

John Huff Tapped to Amplify Transwestern Healthcare Services in Dallas-Fort Worth Leading Healthcare Real Estate Group Accelerates Nationwide Development, Investment (Aug. 6, 2019 – Dallas) – Transwestern Commercial Services (TCS) today announces John Huff has joined the firm as Managing Director – Healthcare Advisory Services. In this role, he will be responsible for sourcing development […]

News Release: Montecito Medical Expands Virginia Footprint

News Release: Montecito Medical Expands Virginia Footprint

Montecito Medical Acquires Large Orthopedic Medical Office Building, Expanding Virginia Footprint FOR IMMEDIATE RELEASE August 6th, 2019 Nashville, Tenn. — Montecito Medical, a premier owner of medical office properties throughout the U.S., has acquired a Class-A medical office building in Lynchburg, Virginia, from OrthoVirginia, the state’s largest provider of orthopedic and therapy care. Constructed in 2008, the facility was built-to-suit […]

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News Release: Atkins Companies and Woodmont Properties Announces First Retail Tenants at New South Jersey Mixed-Use Community

For Immediate Release Washington Township, N.J. (August 5, 2019) – Atkins Companies and Woodmont Properties, both multigenerational commercial real estate development, investment, and property management firms,  have inked three lease deals for their brand-new 10,000-square-foot standalone retail building at Washington Square Town Center. PetCheck Urgent Care has signed on for 2,600 square feet, Strive Physical Therapy and […]

News Release: Cornerstone Hires New Regional Partner

News Release: Cornerstone Hires New Regional Partner

FOR IMMEDIATE RELEASE Cornerstone Hires Regional Partner in Southeast INDIANAPOLIS – Cornerstone Companies, Inc. (Cornerstone) is pleased to announce that Andrew Lawler joined the firm as the newly appointed Southeast Regional Partner. In this new role, Lawler sources strategic healthcare real estate opportunities for Cornerstone’s Southeast portfolio. Based in Charlotte, NC, Lawler has more than […]

News Release: Welltower Announces Recapitalization of Benchmark Senior Living Portfolio for $1.8 Billion

News Release: Welltower Announces Recapitalization of Benchmark Senior Living Portfolio for $1.8 Billion

7/31/2019 5:05:03 PM Transaction allows Benchmark to invest new capital into revitalizing selected communities and further improve resident experience TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) and Benchmark Senior Living today announced that Benchmark has recapitalized the Benchmark Senior Living portfolio, previously owned in partnership with Welltower, with private institutional capital for a gross sale price […]

Discovery Village at Dominion

News Release: Welltower Expands Relationship with Discovery Senior Living through Off-Market Acquisitions and Exclusive $1 Billion Development Agreement

7/31/2019 5:08:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has expanded its relationship with Discovery Senior Living through an off-market acquisition of three infill seniors housing campuses. Located in the Dallas-Fort Worth and San Antonio metropolitan statistical areas, the communities offer the full continuum of care in large, high-end residential settings. The portfolio, recently […]

News Release: Just Closed - Midwest Net Leased MOB Portfolio

News Release: Just Closed – Midwest Net Leased MOB Portfolio

Just Closed Midwest Net Leased Mob Portfolio MN, ND & MT Sale Date: 7/31/2019 Portfolio Size: 82,002 SF Occupancy: 100% CBRE U.S. Healthcare Capital Markets is pleased to announce the sale of the Midwest Net Leased MOB Portfolio (the “Portfolio”).  Chris Bodnar, Lee Asher, Shane Seitz, Sabrina Solomiany and Ryan Lindsley acted as the seller’s exclusive advisors. The […]

News Release: JLL advises Welltower on $1.8 billion recapitalization of Benchmark Senior Living portfolio

News Release: JLL advises Welltower on $1.8 billion recapitalization of Benchmark Senior Living portfolio

NEW YORK, August 1, 2019 – JLL announces it has exclusively advised Welltower Inc. (NYSE: WELL) in the recapitalization of the Benchmark Senior Living portfolio, which Benchmark previously owned in partnership with Welltower, with private institutional capital for a gross sale price of $1.8 billion. As a part of the recapitalization, Welltower has fully exited […]

News Release: JLL closes $405M sale of life science offering in Carolinas

News Release: JLL closes $405M sale of life science offering in Carolinas

Rare core life science offering in heart of Research Triangle acquired by investor team that includes RTP mainstay, Longfellow Real Estate Partners CHARLOTTE, N.C., August 1, 2019 – JLL announces that it has closed on the sale of a core life science portfolio located in the heart of the Research Triangle, North Carolina, one of […]

News Release: Life Sciences Project Management Expert Gayle Blakeley Farris Named Regional Partner

News Release: Life Sciences Project Management Expert Gayle Blakeley Farris Named Regional Partner

(August 1, 2019 – Houston) – Transwestern Development Co. (TDC®) today announces Gayle Blakeley Farris has joined as Regional Partner – Life Sciences & Healthcare. Working with the TDC leadership team, Farris is leading the pursuit, conceptualization and execution of large-scale corporate and institutionally anchored life sciences and mixed-use tech transfer campus developments in Houston […]

News Release: Welltower Expands Relationship with Summit Medical Group

News Release: Welltower Expands Relationship with Summit Medical Group

7/31/2019 5:03:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has entered into a definitive purchase agreement under which Welltower will acquire a 43-acre, 6-building, 270,000 square foot medical office campus in Berkeley Heights, NJ for $140 million. The campus will be master leased by Summit Medical Group (“Summit”, “SMG”), one of the nation’s premier independent multispecialty medical […]

Balfour at Riverfront Park

News Release: Welltower Partners with Balfour Senior Living and Expands Best-in-Class Platform

7/31/2019 5:00:03 PM TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced that it has formed a new relationship with Colorado-based Balfour Senior Living (“Balfour”), a premier operator of unparalleled independent living, assisted living and memory care communities. Welltower and Balfour plan to enhance the high-end senior living experience by expanding upon Balfour’s best-in-class design and accommodations. Welltower acquired a […]

News Release: Welltower Reports Second Quarter 2019 Results

News Release: Welltower Reports Second Quarter 2019 Results

NEWS PROVIDED BY Welltower Inc.  Jul 31, 2019, 16:52 ET TOLEDO, Ohio, July 31, 2019 /PRNewswire/ — Welltower Inc. (NYSE: WELL) today announced results for the quarter ended June 30, 2019. Quarterly Highlights Reported net income attributable to common stockholders of $0.34 per diluted share and normalized FFO attributable to common stockholders of $1.05 per diluted share compared to $1.00 per diluted share in 2018, representing […]