News Release: HCP Announces Next Generation of Leadership with Promotions of Tom Herzog and Justin Hutchens
Mr. Herzog to Become CEO and Mr. Hutchens President, Effective January 1, 2017 Company Retains Korn Ferry to Conduct CFO Search IRVINE, Calif. and SAN FRANCISCO, Nov. 14, 2016 /PRNewswire/ — HCP (NYSE:HCP) (“HCP” or the “Company”) announced today that its Board of Directors intends to elect, HCP’s current Chief Financial Officer, as Chief Executive Officer and […]
News Release: Medical industry executive Jared Stark named Duke Realty SVP, Healthcare Development
Former University Hospital & Clinics’ CEO will leverage more than 20 years of experience to help expand the company’s healthcare real estate development activities across the country INDIANAPOLIS, Nov. 10, 2016 – Jared L. Stark, who has served in executive leadership positions with several leading healthcare organizations, has been named Senior Vice President of Healthcare Development at […]
News Release: AP Break Ground on Major Renovations and Expansion at Coryell Memorial
11/09/2016 GATESVILLE, Tex. – Today at 12:30, Coryell Memorial Healthcare System hosted a groundbreaking ceremony to officially kick off construction for a major renovation and expansion project at Coryell Memorial Hospital in Gatesville, TX. Designed by Mike Hale Architects, Adolfson & Peterson Construction (AP) is serving as the construction manager for this project which includes […]
News Release: Meridian Sells Dialysis Clinic in Palmdale, Calif. for $6.97 Million, 5.0% Cap Rate
SAN RAMON, CALIF. – Meridian, a full-service real estate developer and owner of medical real estate, is pleased to announce that it has closed escrow on the sale of its 13,750-square-foot dialysis clinic in Palmdale, Calif. The purchase price was $6.97 million, representing a cap rate of 5.0%. This is the second dialysis clinic that Meridian has […]
News Release: NorthStar Realty Finance Announces Third Quarter 2016 Results
NorthStar Realty Finance Announces Third Quarter 2016 Results NEWS PROVIDED BY NorthStar Realty Finance Corp. Nov 08, 2016, 07:00 ET SHARE THIS ARTICLE NEW YORK, Nov. 8, 2016 /PRNewswire/ — Third Quarter 2016 Highlights U.S. GAAP net (loss) to common stockholders of ($100.4) million, or ($0.56) per diluted share and cash available for distribution (“CAD”) […]
News Release: Meridian Expands Construction Division with Addition of Christine Velasquez as Project Manager
SAN RAMON, Calif. – Meridian, a full-service real estate developer specializing in acquiring and developing real estate facilities for the healthcare sector, expands its construction project management division with the addition of Christine L. Velasquez, a well-respected senior-level real estate professional with a successful track record of over 15 years in business and community development, […]
News Release: Brackett Flagship Properties completes Gastonia, N.C. acquisition
GASTONIA, NC, November 7, 2016 – Brackett Flagship Properties has completed its latest acquisition in the Charlotte metropolitan area. 2544 Court Drive, a two building medical campus located in Gastonia, North Carolina is the most recent addition to the Flagship Healthcare Real Estate Fund II portfolio. The buildings total approximately 30,000 square feet and sit on a 4.5 […]
News Release: Transwestern appoints Steve Hall to lead Southeast Healthcare Advisory Services
New Hire Brings Country’s Largest Dedicated Healthcare Team to 45 Members Nationwide (NOVEMBER 2, 2016 – ATLANTA) – Transwestern today announces the Healthcare Advisory Services team has hired Steve Hall as senior vice president, expanding the country’s largest dedicated healthcare real estate team to 45 members nationwide. In this role, Hall will advise owners and […]
News Release: JLL closes sale of Twin Creeks Medical Center I & II in Allen, Texas
JLL Healthcare Capital Markets Just closed: Twin Creeks Medical Center I & II in Allen, Texas The transaction involved the investment sale of Twin Creeks Medical Center I & II in Allen, Texas. Deal highlights Property type: Medical office Sale date: October 17, 2016 Square feet: 69,196 r.s.f. Year built: 2004 and 2005 Occupancy: 87% The […]
News Release: Third Phase of Construction at HCP’s The Cove at Oyster Point in South San Francisco to Begin, Fueled by Strong Leasing Activity
News Release Issued: Nov 1, 2016 (8:02am EDT) IRVINE, Calif. and SAN FRANCISCO, Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced today that it will break ground on an additional two buildings constituting the third phase of The Cove at Oyster Point (“The Cove”), its newest life science development located in the epicenter of South San Francisco’s […]
News Release: HCP Announces Results for Quarter Ended September 30, 2016 and Completes the QCP Spin Transaction
News Release Issued: Nov 1, 2016 (8:03am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — THIRD QUARTER 2016 AND RECENT HIGHLIGHTS — EPS and FFO per share were $0.32 and $0.65, respectively; FFO as adjusted was $0.72 per share — Completed spin-off of Quality Care Properties, Inc. (“QCP”) (NYSE:QCP) on October 31, 2016; see […]
News Release: HCP to Sell a Portfolio of 64 Brookdale Communities for $1.125 Billion
News Release Issued: Nov 1, 2016 (8:01am EDT) Resulting in Lower Brookdale Concentration; Improving HCP’s Lease Coverage and Balance Sheet IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) today announced that it has entered into definitive agreements to sell a portfolio of 64 properties leased to Brookdale Senior Living, Inc. (“Brookdale”) for an […]
News Release: HCP Declares Quarterly Cash Dividend on Common Stock
News Release Issued: Nov 1, 2016 (8:00am EDT) IRVINE, Calif., Nov. 1, 2016 /PRNewswire/ — HCP (NYSE:HCP) announced that its Board of Directors declared a quarterly common stock cash dividend of $0.37 per share. The dividend will be paid on November 25, 2016 to stockholders of record as of the close of business on November […]
News Release: HCP, Inc. Completes Spin-Off of Quality Care Properties, Inc.
News Release Issued: Oct 31, 2016 (4:15pm EDT) Quality Care Properties to Begin “Regular Way” Trading on NYSE on November 1 IRVINE, Calif., Oct. 31, 2016 /PRNewswire/ — HCP, Inc. (NYSE:HCP) announced today that it has completed the previously announced spin-off (the “Spin-Off”) of its HCR ManorCare portfolio of skilled nursing and assisted living assets, as […]
News Release: Ryan Breaks Ground on 610 Medical Center in Brooklyn Park, Minn.
MEDIA ALERT October 28, 2016 What: Ryan Companies US, Inc. is hosting a groundbreaking ceremony to celebrate the start of construction for 610 Medical Center, a 40,000 square-foot state-of-the-art outpatient services center located within the 610 Zane Business Park in Brooklyn Park. The building is scheduled to open in June 2017 and will be anchored […]