News Release: Big Sky Medical Expands Healthcare Footprint with Strategic Acquisition in Booming Austin Suburb
CEDAR PARK, TX – July 23, 2024 – Big Sky Medical today announced the acquisition of Baylor Scott & White – Cedar Park, a 38,709 RSF Class A medical outpatient building located in the rapidly growing Austin, Texas metropolitan area. The property is 100% net- leased to Baylor Scott & White Health, Texas’s largest not-for-profit […]
News Release: Healthpeak Properties Reports Second Quarter 2024 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net income of $0.21 per share, Nareit FFO of $0.44 per share, FFO as Adjusted of […]
News Release: Berkadia Negotiates $42.55M Seniors Housing Portfolio Sale In Florida
TAMPA, FL – July 25, 2024 – Berkadia announced today the sale of a four-property, 334-unit assisted living and memory care portfolio along Florida’s West Coast. Senior Director Brooks Minford of Berkadia Seniors Housing & Healthcare closed the transaction on behalf of two separate sellers. The buyer of all four properties, a Central Florida-based family […]
News Releases: Triad Group Announces Sale of Watertown’s Elm Street Labs
NEWS PROVIDED BY The Triad Group Jul 25, 2024, 14:11 ET BOSTON, July 25, 2024 /PRNewswire/ — The Triad Group announced the sale of its most recent development, “Elm Street Lab’s” in Watertown, MA to Cambridge based Shannon Life Sciences. The 74,670sf property is a new construction state-of-the-art life sciences building that is ready for […]
News Release: Healthcare Real Estate Advisory Group Appoints Patrick Dwyer as Executive Managing Director
(Houston, July 2024) The TICI Group of Companies is pleased to announce the appointment of N. Patrick Dwyer as Executive Managing Director, Healthcare Real Estate Advisory and Managing Director, Capital Markets. With over two decades of commercial real estate expertise, he has held positions at several prominent firms, including NAI Ohio Equities, Hplex Solutions, and […]
News Release: Cushman & Wakefield Advises Sale of Medical Office Building in Bellevue, WA Targeted for New ±150-Room Hotel Redevelopment
Kauri Investments acquires site in Warburton neighborhood for $6.75 million Eye Clinic of Bellevue completes sale / leaseback of property for a few more years before relocating to larger facility BELLEVUE, Wash. – July 25, 2024 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding 5,519-square-foot medical office building on a […]
News Release: The St. Joe Company Reports Second Quarter and First Half 2024 Results and Increases Quarterly Dividend by 17%
Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by […]
News Release: Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash […]
News Release: Sila Realty Trust, Inc. Announces Final Results of Modified “Dutch Auction” Tender Offer
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced the final results of its modified “Dutch Auction” tender offer (the “Offer”) to purchase for cash up to […]
News Release: Montecito Medical Acquires Urology Clinic Property in Jacksonville, FL
FOR IMMEDIATE RELEASE Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,500-square-foot medical office property in Jacksonville, Florida. The building, which includes specialized imaging space, is fully occupied by McIver Clinic, a leading specialty provider in the Jacksonville area. “We are delighted to acquire this outstanding real […]
Companies & People: From brokerage to the principal side
Longtime HRE broker Lee Asher discusses his move to buying assets for Kayne Anderson By John B. Mugford For the past 14 years or so, Lee Asher has been a well-known and highly successful broker of healthcare real estate (HRE) facilities, with a big focus on medical outpatient buildings (MOBs). While serving as the co-founder […]
News Release: Just closed – Panama City, FL
Montecito Medical acquires eye center property in North Florida. Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 27,000-square-foot medical office property in Panama City, Florida. The building, which includes a surgery center for LASIK and cataract surgical procedures, is fully occupied by the Eye Center of North Florida. “We are […]
News Release: BeiGene Opens Flagship U.S. Biologics Manufacturing and Clinical R&D Facility, Continues Global Expansion to Deliver Medicines to More Patients Around the World
Jul 23, 2024 7:00 AM $800 million investment in New Jersey supports global growth and expansion with technologically advanced manufacturing capacity and clinical development capabilities for novel cancer medicines HOPEWELL, N.J.–(BUSINESS WIRE)– BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the opening of its flagship U.S. facility in Hopewell, […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 2Q24 and 1H24 Net Income per Share – Diluted of $0.25 and $1.22, respectively; and 2Q24 and 1H24 FFO per Share – Diluted, as Adjusted, of $2.36 and $4.71, respectively
PASADENA, Calif., July 22, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the second quarter ended June 30, 2024. Key highlights Operating results 2Q24 2Q23 1H24 1H23 Total revenues: In millions $ 766.7 $ 713.9 $ 1,535.8 $ 1,414.7 Growth 7.4 % 8.6 % Net income attributable to Alexandria’s […]
News Release: Bremner Healthcare Real Estate celebrates completion of new ambulatory care center in Norman, OK
INDIANAPOLIS – (July 22, 2024) Indianapolis-based Bremner Healthcare Real Estate is proud to celebrate the opening of its recently completed 135,000-square-foot ambulatory care center (ACC) at the Norman Regional HealthPlex in Norman, OK. This new facility was seamlessly integrated into the existing hospital patient tower which will now serve as Norman Regional Health’s flagship. The […]
