News Release: 12|12 Aventura Announces Groundbreaking
FOR IMMEDIATE RELEASE Community-Focused Development to Feature Senior Luxury Residences, Gourmet Marketplace and Professional Offices; Will Further Establish the Aventura Health District AVENTURA, FL (May 12, 2020) – Aventura-based Rieber Developments has announced the groundbreaking of 12|12 Aventura, a premier mixed-use project with medical and professional offices, senior luxury residences and a vibrant dining and […]
REIT Report: REITs reacting to COVID-19, not necessarily buying
While Q1 reports show a slowdown in acquisitions, portfolios are holding up well By John B. Mugford NATIONWIDE – It looks as if the country’s healthcare-focused, publicly traded real estate investment trusts (REITs) pared down their acquisition and investment activity in the first quarter (Q1), putting much of their focus on shoring up their balance […]
News Release: Orange Park (Fla.) Medical Center opens first phase of new tower
Orange Park Medical Center May 12, 2020 Orange Park, Florida – This week Orange Park Medical Center opened its first phase of their new $62 million 101,435 square foot tower. The newly opened 5,800 square foot space includes the hospital’s outpatient testing and imaging services, patient registration and 2,200 square foot of shell space for future […]
News Release: IRA Capital acquires California medical building leased to St. Joseph
May 7, 2020 – Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of a 56,000 square foot Medical Office Building in Santa Ana, CA. The building is well-located in an irreplaceable location of Orange County anchored by St Joseph Hospital of Orange, which occupies approximately 98% of the building. St. Joseph is […]
News Release: National Health Investors Announces Q1 2020 Results
Company Release – 5/11/2020 4:30 PM ET MURFREESBORO, TN / ACCESSWIRE / May 11, 2020 /National Health Investors, Inc. (NYSE:NHI) announced today its net income attributable to common stockholders, its Funds From Operations (“FFO”), its Normalized Funds From Operations and its Normalized Adjusted Funds From Operations (“AFFO”) for the three months ended March 31, 2020. Q1 2020 […]
News Release: Ridgeline Capital Partners Acquires 10 Medical Office Buildings in Dallas-Fort Worth Metroplex with Help from Investors on CrowdStreet
NEWS RELEASE — MAY 7, 2020 Ridgeline Capital Partners Acquires 10 Medical Office Buildings in Dallas-Fort Worth Metroplex with Help from Investors on CrowdStreet, Who Invest $5.3 Million of Equity in the Deal Oversubscribed: Investors on CrowdStreet Marketplace pledge $15 million for the offering as COVID crisis, stock market volatility continues Hot property: Net-leased buildings […]
News Release: Plaza Companies Leads Way in Construction of Buildings With Focus on Health and Wellness Throughout the Valley
FOR IMMEDIATE RELEASE Integrating Unprecedented Approach Throughout Signature Development Projects; Focus on Health for Employers and Tenants Certain to Become Permanent After Crisis PHOENIX, Arizona (May 8, 2020) — Plaza Companies continues to develop real estate in new ways, focusing on health and wellness in office buildings throughout the Valley at a time when it […]
News Release: Medical Office Asset Sold by Institutional Property Advisors for $19.25 Million in Northern Virginia
FOR IMMEDIATE RELEASE DUMFRIES, Va., May 8, 2020 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Dumfries Health Center, a 99,718-square-foot medical office building in Dumfries, Virginia. The single-tenant building is leased to Spectrum Healthcare Resources on a long-term basis. The asset sold for $19.25 […]
News Release: Ventas Reports 2020 First Quarter Results and Provides COVID-19 Business Update
May 8, 2020 at 7:00 AM EDT CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (the “Company”) today reported results for the first quarter ended March 31, 2020. The Company also provided an update regarding how its operations and financial condition have been affected in the second quarter 2020 by the pandemic. “Ventas delivered strong first quarter results, which exceeded […]
News Release: Physicians Realty Trust Reports First Quarter 2020 Financial Results
PRESS RELEASE Company Release – 5/7/2020 7:51 AM ET Reports April Rent Collection of 94% and Provides Update on COVID-19 Impact Announces $0.07 Net Income per Share and $0.26 per share of Normalized FFO for the First Quarter of 2020 First Quarter and Recent Highlights: Reported first quarter 2020 total revenue of $107.4 million, an increase of […]
News Release: Healthcare Realty Trust Reports Results for the First Quarter
Press Release Company Release – 5/6/2020 4:49 PM ET NASHVILLE, Tenn., May 06, 2020 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the first quarter ended March 31, 2020. The Company reported net income of $4.3 million, or $0.03 per diluted common share, for the quarter ended March 31, 2020. Normalized FFO for the three […]
News Release: Global Medical REIT Announces First Quarter 2020 Financial Results
Press Release Company Release – 5/6/2020 4:33 PM ET Completes $86.9 Million of Acquisitions to Date Collected 96% of April Rent BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE: GMRE) (the “Company” or “GMRE”), a net-lease medical office real estate investment trust (REIT) that owns and acquires purpose-built healthcare facilities and leases those facilities to strong healthcare […]
News Release: Welltower Issues Business Update
5/6/2020 4:11:00 PM EDT TOLEDO, Ohio, May 6, 2020 /PRNewswire/ — In addition to the release of its results for the quarter ended March 31, 2020, Welltower® Inc. (NYSE: WELL) has issued the following business update which can be found at: https://welltower.com/business-update-presentation 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 […]
News Release: Welltower Reports First Quarter 2020 Results
5/6/2020 4:05:00 PM EDT TOLEDO, Ohio, May 6, 2020 /PRNewswire/ — Welltower Inc. (NYSE:WELL) today announced results for the quarter ended March 31, 2020. Recent Highlights Reported net income attributable to common stockholders of $0.75 per diluted share Reported normalized FFO attributable to common stockholders of $1.02 per diluted share Completed pro rata dispositions of $717 million at a blended yield of 5.4% Improved net debt to Adjusted […]
News Release: Healthpeak Properties™ Reports First Quarter 2020 Results
IRVINE, Calif., May 5, 2020 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2020. For the quarter, we generated net income of $0.54 per share, NAREIT FFO of $0.34 per share, FFO as Adjusted of $0.45 per share and blended Total Same-Store Portfolio Cash NOI growth of 2.0%. FIRST QUARTER 2020 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS […]