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 […]
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
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
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
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
(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
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 […]
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 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 […]
News Release: HCP Reports Second Quarter 2019 Results
News Release Issued: Jul 31, 2019 (4:15pm EDT) IRVINE, Calif., July 31, 2019 /PRNewswire/ — HCP, Inc. (NYSE: HCP) today announced results for the second quarter ended June 30, 2019. For the quarter, HCP generated a net loss of $0.03 per share, NAREIT FFO of $0.41 per share, FFO as adjusted of $0.44 per share and blended […]
News Release: JLL closes sale of Sunrise Lake in Pearland, Texas
Mixed-use asset comprising a blend of medical office and retail uses HOUSTON, July 31, 2019 – JLL announces that it has closed the sale of Sunrise Lake, a 74,612-square-foot mixed-use property in the Houston-area community of Pearland, Texas. JLL marketed the property on behalf of the seller, TIG Real Estate Services, and procured the buyer. […]
News Release: Healthcare Realty Trust Reports Results for the Second Quarter
Company Release – 7/30/2019 5:00 PM ET NASHVILLE, Tenn., July 30, 2019 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the second quarter ended June 30, 2019. The Company reported net income of $4.5 million, or $0.03 per diluted common share for the quarter ended June 30, 2019. Normalized FFO for the three months ended […]
News Release: Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal
FOR IMMEDIATE RELEASE: Tuesday, July 30, 2019 Podolsky Circle Represents MedEx Ambulance Service in Long-Term Lease Renewal Des Plaines, IL– Podolsky Circle CORFAC International is pleased to announce that it is has successfully advised and represented MedEx Ambulance Service in a 17,080 square foot, long-term lease renewal at 1001 S. Des Plaines Street in Chicago. […]
News Release: Tarzana Medical Atrium Announces Lease With Providence Tarzana Medical Center
FOR IMMEDIATE RELEASE The medical center will take one-third of the 90,000 square feet while one-third remains available to lease TARZANA, Calif. (July 30, 2019) – The Tarzana Medical Atrium today announced that Providence Tarzana Medical Center has signed a 10-year lease for one-third of the new 90,000-square-foot medical office building when it opens in […]
News Release: Marcus & Millichap arranges the sale of an 8,900-square foot net-leased property
FOR IMMEDIATE RELEASE ROCKLEDGE, Fla., July 29, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Health First Urology, a 8,900-square foot net-leased property located in Rockledge, Fla., according to Grant Fitzgerald, sales manager of the […]