News Release: HCP Appoints Lydia Kennard and Kent Griffin to its Board of Directors
Brian Cartwright Named Chairman Board Adopts Mandatory Retirement Age for Directors IRVINE, Calif., May 2, 2018 /PRNewswire/ — HCP (NYSE: HCP) today announced significant updates to its Board of Directors and related corporate governance enhancements. Appointment of Two New Independent Directors HCP has appointed Lydia Kennard and Kent Griffin as independent directors to its Board, effective […]
News Release: Ryan Companies Announces Leadership Transition
Changes are the result of a multi-year succession-planning process Minneapolis, MN (May 1, 2018) — Ryan Companies US, Inc. announced today that President and Chief Executive Officer Pat Ryan will step aside from his current duties effective June 1st to become chairman of the company’s board of directors. Brian Murray will assume the CEO position. […]
News Release: BMO Harris Healthcare Real Estate Finance acts as Sole Lender of $18.98 Million Facility for Rendina Healthcare Real Estate
BMO Harris Bank’s Healthcare Real Estate Finance group announced that it closed an $18.98MM construction loan for the development of a three-story, 61k sq. ft., ambulatory care center in downtown Bristol, CT. The Property is 100% leased to Bristol Hospital Multi-Specialty Group Inc., a subsidiary of Bristol Hospital, Inc. The facility will include a diabetic […]
News Release: Healthcare Trust of America, Inc. Reports First Quarter 2018 Earnings
Normalized FFO of $0.41 Per Diluted Share Same-Property Cash NOI Growth of 2.3%, 3.2% Excluding Forest Park Properties New Development Announced SCOTTSDALE, Ariz., April 30, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three months ended March 31, 2018. First Quarter 2018 Highlights Operating Net Income Attributable to Common Stockholders: Decreased (27.6)% to $9.8 […]
News Release: Luxury Women’s Hospital Opens at Medical City Dallas
Medical City Dallas April 26, 2018 DALLAS – Medical City Dallas has opened a new, $125 million Women’s Hospital to serve women with a wide variety of complex healthcare needs, from maternity to gynecology and cancer care. The expansion adds five floors to the top of Care Tower D and features 222 private rooms. The new Medical City Women’s Hospital Dallas includes: […]
Companies & People: NexCore adds Tom Kelly as VP of development, Kirstin Barbour as marketing director
Denver-based NexCore Group LP announced that Tom Kelly has joined the firm as a VP, real estate development. Mr. Kelly joins NexCore Group with 15 years of experience in development,
Companies & People: Former HFF executive Phil Mahler joins Hammes Partners as a senior VP
Healthcare Real Estate InsightsTM has learned that healthcare real estate (HRE) sector veteran Phil Mahler has joined Brookfield based Hammes Partners as a senior VP. Mr. Mahler was previously a managing director with the national healthcare practice of Holliday
News Release: Welltower Reports First Quarter 2018 Results
Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2018. For the quarter, we generated net income attributable to common stockholders of $1.17 per share and normalized FFO attributable to common stockholders of $0.99 per share. Quarterly Highlights Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro-rata new property acquisitions at […]
Companies & People: Toronto firm to acquire REIT that owns MOBs in Canada and the United States
Toronto-based Invesque Inc. (TSX: IVQ.U), formerly known as Main street Health Investments, announced in March that it plans
Companies & People: A Sina resurgence
Seven years after selling DASCO, Malcolm Sina and his new firm are on a roll By John B. Mugford Back in 2011, there were probably more than a few professionals involved in healthcare real estate (HRE) who thought Malcolm S. Sina, one of the best-known medical office building (MOB) developers in the country, would ease […]
Companies & People: Hoefer Wysocki-designed clinic opens in Blue Springs, Mo., for local health system
Construction recently concluded on a clinic in Blue Springs designed by architecture and design firm Hoefer Wysocki, based in Kansas City, Mo. The facility is the two-story, 38,904 square foot St.
Companies & People: NexCore adds Scott Patterson to design team; announces certification for Kyle Robbins
In more news from NexCore Group, the firm recently hired Scott Patterson as VP design and construction, part of an expansion of the firm’s design and construction team. Mr. Patterson has eight years
Companies & People: CBRE’s healthcare co-leaders, Chris Bodnar and Lee Asher, named vice chairmen
Since the U.S. Healthcare Capital Markets Group with CBRE Group Inc. (NYSE:CBG) was formed 11 years ago, it has executed more than $8 billion worth of healthcare real estate (HRE) assignments.
News Release: ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors
ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors – Welltower and ProMedica enter into Joint Venture that will propel ProMedica to be in the top 15 largest U.S. Health Systems – First, of its kind partnership spans the full spectrum of care, including wellness, skilled nursing, memory care, assisted living, hospice and […]
News Release: ProMedica Health System And Welltower To Acquire Quality Care Properties In Newly Formed Joint Venture
ProMedica (A1/A+) to Acquire QCP Principal Tenant, HCR ManorCare, and Enter Into New 15-Year Lease With Welltower and ProMedica Property Joint Venture (80/20) with 1.8x EBITDAR Coverage ~8% Yielding $2.2 Billion Investment at Welltower Share Investment Expected To Provide ~$0.20 Per Share Annual Accretion to Welltower(1) Joint Venture to Propel ProMedica to be in the […]