Feature Story: Q1 MOB sales fell to a 10-year low
Construction starts are down, too, driving occupancies higher, Revista says By John B. Mugford Just how severe is the current slowdown in medical outpatient building (MOB) sales? Consider this: Four of the past five quarters, including the first quarter (Q1) of this year, were the lowest quarters for MOB sales volumes during the past eight […]
News Release: MYCON Breaks Ground on 48-Room Inpatient Rehabilitation Hospital in Tucson, Arizona
April 30, 2024 Queen Creek, Ariz., April 30, 2024 – Dallas-based MYCON General Contractors, Inc. (MYCON) broke ground on Tucson Rehabilitation Hospital, a new inpatient rehabilitation hospital located at The Bridges mixed-used development in Central Tucson, Arizona. This marks MYCON’s first ground-up construction project in the Arizona market and the company’s first project with Cross […]
News Release: Remedy Medical Properties and Kayne Anderson Real Estate Break Ground on Two New Medical Office Buildings for UCHealth in Colorado
The facilities will increase access to quality healthcare in two of Denver’s fastest growing communities DENVER and CHICAGO (April 30, 2024) – Chicago-based healthcare real estate developer Remedy Medical Properties and its partner Kayne Anderson Real Estate, together the nation’s largest private owners of healthcare real estate, today announced that ground has been broken on […]
News Release: Taylor Design Taps Healthcare Leader Elliott Wortham for New Design Strategy Studio
One of Several Key Hires Announced in Multiple Locations & Studios Taylor Design, an employee-owned architectural design, interior design, planning, and design strategy practice, has added several talented new designers and managers to its growing studios in healthcare and science and technology. Additionally, the firm has named healthcare industry leader Elliott Wortham Director of the […]
News Release: The RMR Group Announces Completion of Unison Elliott Bay Redevelopment
Revitalized Mixed-Use Campus Delivers 300,000 Square Feet of Life Science Lab, R&D and Class A Office in Seattle, WA Campus Design Focuses on Wellness Amenities and Connection to Surrounding Nature April 30, 2024 08:00 AM Eastern Daylight Time SEATTLE–(BUSINESS WIRE)–The RMR Group (Nasdaq: RMR) today announced the completion of Unison Elliott Bay (Unison), a three […]
News Release: Welltower Issues Business Update (April 2024)
4/29/2024 4:26:00 PM EDT TOLEDO, Ohio, April 29, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/wp-content/uploads/2024/02/Business-Update.pdf About Welltower Welltower® Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing […]
News Release: Welltower Reports First Quarter 2024 Results
NEWS PROVIDED BY Welltower Inc. Apr 29, 2024, 16:22 ET TOLEDO, Ohio, April 29, 2024 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2024. Recent Highlights Reported net income attributable to common stockholders of $0.22 per diluted share Reported quarterly normalized funds from operations (“FFO”) attributable to common stockholders of $1.01 per diluted share, an increase of […]
News Release: LTC Reports 2024 First Quarter Results and Discusses Recent Activities
WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2024. Three Months Ended March 31, 2024 2023 (unaudited) Net income available to common stockholders $ 24,065 […]
News Release: Invesque, Inc. Announces Appointment of Adlai Chester to CEO, Quinn Haselhorst to CFO and Proposed Changes to Board of Directors
April 29, 2024 (TORONTO) – Invesque Inc. (TSX: IVQ.U and IVQ) (“Invesque” or the “Company”) announced today that Scott White, Chairman and Chief Executive Officer, will resign from his role as Chief Executive Officer effective May 10, 2024. Mr. White will continue to serve as Chairman of the Board of Directors (the “Board”) and will […]
News Release: The Sanders Trust Breaks Ground on $44 Million Behavioral Health Hospital
Groundbreaking for 61,900- sq. ft. Facility in Youngstown, Ohio Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment and development companies, is pleased to announce the recent groundbreaking for a new $44 million behavioral health hospital, Mercy Health Behavioral Hospital in Youngstown, Ohio. The Sanders Trust was selected as […]
News Release: Just Closed. Mount Carmel East Medical Building 4
Capital Markets | Healthcare & Life Sciences Just Closed On-Campus Medical Office Building Anchored by Mount Carmel Health System CBRE Transaction Highlights Date Closed: 4/22/24 Size: 76,276 SF Occupancy: 86% Mount Carmel East Medical Building 4 | 5969 East Broad St., Columbus, OH CBRE U.S. Healthcare Capital Markets is pleased to announce the closing of […]
News Releases: Anchor Health Properties Celebrates a Major Development Milestone with the “Topping Out” of HonorHealth Medical Campus at Peoria (Ariz.)
FOR IMMEDIATE RELEASE April 29, 2024 (Phoenix, AZ) Raising the final steel beam on the HonorHealth Medical Campus at Peoria, a three story, 100,000 square foot Class A medical outpatient building, Anchor Health Properties, a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently celebrated the “topping […]
News Release: UCSF Health Celebrates Launch of the Hospital of the Future
The $4.3 billion UCSF Health Helen Diller Hospital will expand access to some of the nation’s most complex care, in an iconic healing environment. More than 200 national, civic, business and academic leaders gathered at Parnassus Heights April 27 in a standing-room-only event to break ground on UCSF Health’s new hospital of the future. The […]
News Release: Physician Group Celebrates the Groundbreaking of a 60,000 Square-Foot Medical Office Building in Cypress, Texas
Exponential growth in Cypress drives demand for quality healthcare. The new, three-story, 60,000-square-foot multi-disciplinary medical office building is the first phase of the 30- acre Grand Cypress Medical Pavilions. HOUSTON, TX – April 26, 2024 – Dr. Kim Keller, a prominent General Surgeon in Houston and CEO of North Cypress Land Ventures LLC (NCLV), a […]
Life Sciences: Alexandria sees ‘solid indicators’ of a rebound
REIT’s Q1 occupancy was steady at 94.6% and its project pipeline is 80% pre-leased By Murray W. Wolf PASADENA, Calif. – As perhaps evidence of a nascent recovery in the life sciences real estate (LSRE) sector, Alexandria Real Estate Equities Inc. (NYSE: ARE) reported strong first quarter (Q1) 2024 results Monday, April 22. The Pasadena-based […]