News Release: Healthcare Trust of America, Inc. Reports First Quarter 2020 Earnings And Provides Update On Impacts From The COVID-19 Pandemic
Company Release – 5/05/2020 4:05 PM ET SCOTTSDALE, Ariz., May 5, 2020 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three months ended March 31, 2020, provided an update on business operations stemming from the impacts of the ongoing coronavirus (“COVID-19”) pandemic, and removed its 2020 earnings guidance. First Quarter 2020 Highlights […]
Feature Story: HRE update from the front lines
CBRE leasing pros discuss market hardships, what the recovery might look like By John B. Mugford As could be expected, smaller medical practices, especially those that may have been struggling prior to the current crisis or those involved in ambulatory surgery centers (ASCs), are being hit the hardest by the COVID-19 pandemic. Still, for the […]
News Release: IRA Capital Acquires Pennsylvania ASC leased To St. Luke’s University Health
April 28, 2020 Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of a single-tenant medical office building in the Philadelphia suburb of Sellersville. The 10,000 square-foot building is 100% occupied by St. Luke’s University Health Network and is a key outpatient gastroenterology specialty clinic and surgery center with 3-operating rooms. St. Luke’s […]
News Release: Ryan Companies Welcomes Highly Regarded Commercial Real Estate Executive to Development Team
Maureen Michalski Will Lead Project Team on Former Ford Site Redevelopment Minneapolis, MN — Ryan Companies US, Inc. has announced the hiring of Maureen Michalski as Vice President of Development in its Minneapolis office starting mid-March. Michalski joins Ryan to stand as the executive-in-charge for the Ford Site Redevelopment in St. Paul, MN. Previously Vice […]
News Release: Easterly Government Properties acquires 51,647 sf Department of Veterans Affairs outpatient facility in Chico, CA
WASHINGTON, D.C. – May 4, 2020 – Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 51,647-square foot Department of Veterans Affairs (“VA”) Outpatient Clinic in […]
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News Release: Johnson Selected to Develop New VA Clinic in Des Moines, Iowa
May 1, 2020 Johnson Healthcare Real Estate was recently selected by the United States Department of Veterans Affairs (VA) to develop a new outpatient clinic in Des Moines, Iowa. The project marks the 12th VA facility developed by Johnson. The clinic will feature primary care, physical medicine, mental health, radiology, pathology, and a prosthetics lab. […]
News Release: Medical Properties Trust, Inc. Reports First Quarter Results
First Quarter Per Share Net Income of $0.15 and Normalized FFO of $0.37 Completes $2.0 Billion Circle/BMI Acquisition Marking the Largest Transaction in Company’s History; $1.8 Billion in Liquidity with No Near-Term Debt Maturities; Collected 96% of April Rent April 29, 2020 06:30 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” […]
News Release: Mayor Bowser Announces Agreements for Two New Hospitals to Bring Equity to DC’s Health Care System
Wednesday, April 29, 2020 (Washington, DC) – Today, Mayor Muriel Bowser announced two monumental agreements to improve health care and address inequalities in health outcomes for District residents. The agreements include the construction of two new, state-of-the-art hospitals: a 136-bed hospital at St. Elizabeths East in Ward 8, operated by Universal Health Services in conjunction with […]
News Release: MLL Capital Continues Medical Office Portfolio Expansion
Latest acquisition is 63,000 square foot Chicago healthcare property Boston – April 29, 2020 – MLL Capital, a commercial real estate investor focused on medical office, laboratory and life sciences properties across the US, continues to expand its portfolio with the acquisition of a 63,067 square foot medical office building located at 1945 West Wilson […]
News Release: Flagship Healthcare Properties to Launch Triangle Area Office with Appointment of Raleigh-Durham Based Vice President of Leasing and Brokerage
NEWS RELEASE FOR IMMEDIATE RELEASE Healthcare real estate firm hires vice president of leasing and brokerage to open new Triangle area office location and expand service offerings RALEIGH, N.C. (April 28, 2020) — Flagship Healthcare Properties (Flagship), a Charlotte, N.C. based healthcare real estate firm, is pleased to announce that Elaine Boyle has joined the […]
Feature Story: The MOB market did well during Q1
But the numbers could tell a different story down the road, Revista says By John B. Mugford At least through the first quarter (Q1) of this year, the effects of the COVID-19 pandemic had not drastically impacted the performance of the medical office building (MOB) sector. In fact, quite the contrary, as MOB sales remained […]
News Release: Kislak completes sale and partial lease-back of 48,000 s.f. medical/office building in Essex County, N.J.
S.V.P. Matt Weilheimer Manages Exclusive Transactions Woodbridge, N.J., April 28, 2020 – The Kislak Company, Inc. announced the recent sale and partial lease back of a 48,000 S.F medical/office building at 622 Eagle Rock Avenue in West Orange, Essex County, New Jersey. The price and terms were not disclosed. Kislak represented the seller, New York Community […]
Feature Story: Your healthcare tenants want rent relief. Now what?
Winstead webinar explores some legal implications of COVID-19 on HRE By John B. Mugford Sure, everyone involved in healthcare real estate (HRE) these days is trying to gauge how much of an effect the COVID-19 pandemic and economic crisis is having on the sector. Although well-leased HRE facilities and medical office buildings (MOBs) emerged largely […]
News Release: Anchor Health Properties Expands Presence in Metro Atlanta with Strategic Investment
FOR IMMEDIATE RELEASE April 27, 2020 (Media, PA) Anchor Health Properties (Anchor) a national full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, has recently invested in an 18,500 square foot Class A medical office building located in the Lawrenceville submarket of Atlanta, Georgia. Anchor directly acquired the asset […]
News Release: IRA Capital acquires MOB portfolio anchored by Advocate Aurora
April 22, 2020 Southern California-based IRA Capital (IRA) is pleased to announce the acquisition of four high quality medical office buildings totaling 107,000 square feet in the Milwaukee and Chicago MSAs. Three of the buildings are approximately 80% occupied by Advocate Aurora, the region’s largest health system. The fourth building located in the Chicago suburb […]