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: McCarthy Building Companies, Inc. Breaks Ground on California Tower at UC Davis Health
News provided by McCarthy Building Companies, Inc. Jul 22, 2024, 13:00 ET The 910,000-square-foot healthcare facility will be a milestone in patient care and community health. DAVIS, Calif., July 22, 2024 /PRNewswire/ — McCarthy Building Companies, Inc. (McCarthy), in collaboration with SmithGroup and UC Davis Health, is proud to announce the groundbreaking of the UC Davis […]
News Release: Robins & Morton Begins Work on $220 Million Vertical Expansion at AdventHealth Daytona Beach
Press Release 07.22.24 Construction firm Robins & Morton, AdventHealth, and architect HuntonBrady recently joined together to celebrate the start of a $220 million, 240,000-square-foot addition at AdventHealth Daytona Beach. The construction includes vertical expansions in two existing areas at AdventHealth Daytona Beach, totaling five stories. This will add 104 new beds, including intensive care and […]
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 […]
News Release: Transwestern brokers sale of medical office building in Waukesha, Wisconsin
21,500-Square-Foot Building Sells for $4.9 Million (JUL. 22, 2024 – WAUKESHA, WI) – Transwestern Real Estate Services (TRS) announces the sale of a 21,500-square-foot medical office building at 1211 Dolphin Court in Waukesha, Wisconsin, to General Capital Acquisitions. Transwestern’s Marianne Burish, Shaun Dempsey, Mike Salmen, and Erik Coglianese represented the seller, Four Springs Capital Trust. […]
News Release: Equity Placement – Fort Street Partners and Chestnut Funds | Eagle Mountain MOB Development | 24,655 S.F. | Salt Lake City Metro
JLL Medical Properties Group Capital Markets Equity Placement: Eagle Mountain MOB Development 4263 N Pony Express Parkway, Eagle Mountain, UT JLL Medical Properties Group (Capital Markets) is pleased to announce that it advised Fort Street Partners and Chestnut Healthcare Real Estate on the equity placement of the Eagle Mountain Medical Center development, a 24,655-square-foot medical […]
News Release: Construction on $220M expansion project begins at AdventHealth Daytona Beach
Construction has officially begun at AdventHealth Daytona Beach on a multi-phased, $220 million project to add 104 inpatient beds, four new surgical suites, and more than 240,000 square feet to the facility. The construction includes vertical expansions on two existing towers at AdventHealth Daytona Beach: a four-story vertical expansion on one tower and a one-story […]
News Release: The Landing brings Class A life sciences lab, office space to Burlingame
Nestled on the San Francisco Peninsula, Burlingame, California, has long been recognized for its charming streets, high quality of life, active retail corridors, and centralized location near primary highways and transit centers. Now it’s drawing attention from national developers, like King Street Properties (“King Street”), as a pivotal hub for life science companies. King Street is a […]
News Release: AW Property Co. Announces New Hire and New Appointment
North Palm Beach, Florida, July 19, 2024 –AW Property Co., a real estate investment and operating company specializing in healthcare properties, is pleased to announce the hiring of Drew Hoffman as Chief Financial Officer. Mr. Hoffman serves o the firm’s Investment Committee and is primarily responsible for the strategic planning, managing and reporting on all […]
News Release: Equity secured for the development of Utah medical office building
JLL Capital Markets advised Fort Street Partners on the equity placement for the Eagle Mountain Medical Office Building Development in Eagle Mountain, Utah. SALT LAKE CITY, UT, July 18, 2024 – JLL Capital Markets announced today that it has arranged equity placement for the Eagle Mountain Medical Office Building Development (“Eagle MOB”), a 24,655-square-foot medical office […]
News Release: The St. Joe Company and Tallahassee Memorial HealthCare Announce Opening of the First Building at the FSU/TMH Medical Campus in Panama City Beach, Florida
PANAMA CITY BEACH, Fla.–(BUSINESS WIRE)–The St. Joe Company (NYSE: JOE) (“St. Joe”) and Tallahassee Memorial HealthCare (TMH) proudly announce the opening of the first building at the FSU/TMH Medical Campus in Panama City Beach, Florida. TMH Urgent Care and TMH Physician Partners – Primary Care opened to patients in the newly constructed medical office building […]
News Release: Newmark Arranges $300 Million Joint Venture with Catalyst Healthcare Real Estate and Heitman to Fund an MOB and IRF Development Pipeline
FOR IMMEDIATE RELEASE Philadelphia, PA (July 17, 2024) — Newmark announces it has arranged a strategic joint venture (the “Venture”) to fund a $300 million development pipeline of purpose-built healthcare properties. The venture is between Catalyst Healthcare Real Estate (“Catalyst”)–a leading healthcare real estate development and investment firm in the US, who has developed and […]
Transactions: New JV to fund $300 million of HRE developments
Newmark team arranges partnership of Catalyst and Heitman By John B. Mugford It’s being looked upon as almost a “dream team” of a partnership. HREI has learned that Catalyst Healthcare Real Estate, which has become one of the most active developers in healthcare real estate (HRE) in recent years, and Heitman, an investment management firm […]
News Release: North Liberty campus preview: Orthopedics and rehabilitation
New medical facility to offer full spectrum of musculoskeletal care When the new University the Iowa Health Care medical campus in North Liberty opens in the second quarter of 2025, it will serve as the new home for the Department of Orthopedics and Rehabilitation—providing a full range of musculoskeletal care in one location for a […]
News Release: Sold: Providence Health MOB | Portland, OR
CAPITAL REAL ESTATE GROUP CREG U.S. HEALTHCARE INVESTMENT SALES SOLD: PROVIDENCE HEALTH MOB I OR CREG I U.S. Healthcare Investment Sales team is delighted to announce the successful sale of Providence Health MOB, a premier, multi-tenant medical office building located in Portland, Oregon. This state-of-the-art, two-story building is anchored by Providence Health (Fitch Rating: A) […]