REIT Report

News Release: CareTrust REIT Funds $90 Million Loan and $9 Million Preferred Equity Investment for Acquisition of 8 Skilled Nursing Facilities in Southeast; Reports Expanded Pipeline of $460 Million

SAN CLEMENTE, Calif.–(BUSINESS WIRE)— CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has funded $90 million of a senior mortgage loan in connection with the borrower’s acquisition of an 8-facility skilled nursing portfolio located in the Southeastern United States. The portfolio, consisting of 1,011 skilled nursing beds and 150 assisted living beds, has been acquired […]

News Release: CareTrust REIT Acquires 5 Skilled Nursing Facilities in Southeast for $81 Million; Reports Expanded Pipeline of $460 Million

SAN CLEMENTE, Calif.–(BUSINESS WIRE)— CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 5-facility, 498 licensed bed, skilled nursing portfolio located in the Southeastern United States for a total investment amount of approximately $80.9 million (inclusive of transaction costs). In connection with the acquisition, the company entered into a new triple-net master lease […]

News Release: Welltower Raises 2024 Guidance and Issues Business Update

News Release: Welltower Raises 2024 Guidance and Issues Business Update

6/3/2024 7:41:00 AM EDT TOLEDO, Ohio, June 3, 2024 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced that it has revised its 2024 outlook. The Company now expects to achieve normalized funds from operations attributable to common stockholders in a range of $4.05 – $4.17 per diluted share as compared to previous guidance of $4.02 […]

News Release: Diversified Healthcare Trust Closes $120 Million Mortgage Loan

May 30, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $120 million mortgage loan secured by eight properties within DHC’s Medical Office and Life Science Portfolio, located in seven states and consisting of approximately 725,000 square feet. As of March 31, 2024, the weighted […]

News Release: Healthcare Real Estate REIT Report

Healthcare Real Estate REIT Report Healthcare REITs exhibited robust leasing activity with high retention rates and favorable lease terms. Welltower, Ventas, Healthpeak, and Healthcare Realty all demonstrated significant leasing volume, reflecting strong demand for medical office space. Occupancy rates across various healthcare REITs showed remarkable strength and improvement, indicating effective property management and strong demand. […]

News Release: Sila Realty Trust, Inc. Receives Approval for Listing on the New York Stock Exchange

TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (the “Company” or “Sila”), a net lease real estate investment trust with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy, is pleased to announce that it has received approval to list its common stock on the New York Stock Exchange […]

News Release: Ventas Issues Business Update

CHICAGO–(BUSINESS WIRE)–In conjunction with upcoming investor meetings, Ventas, Inc. (NYSE: VTR) (the “Company”) has issued a business update which is available on the Company’s website. These materials will be archived at ir.ventasreit.com/events-and-presentations for a limited period. About Ventas Ventas, Inc. (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, […]

News Release: Medical Properties Trust Closes $800 Million 10-Year Loan Secured by U.K. Hospital Portfolio

6.9% Fixed Cash Pay Rate Demonstrates Access to Capital and Enduring Value of Hospital Real Estate May 24, 2024 08:30 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the completion of approximately £631 million ($800 million) in new non-recourse, non-amortizing secured financing backed by certain […]

News Release: Sila Realty Trust, Inc. Completes Acquisition of Reading Medical Outpatient Building for $10.5 Million

News Release: Sila Realty Trust, Inc. Completes Acquisition of Reading Medical Outpatient Building for $10.5 Million

May 22, 2024 09:14 AM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)– Sila Realty Trust, Inc. (the “Company”), a net lease real estate investment trust focused on investing in high quality healthcare properties across the continuum of care, today announced the acquisition of a medical outpatient building located in Reading, Pennsylvania (the “Reading Healthcare Facility”), for […]

News Release: American Healthcare REIT (“AHR”) Announces First Quarter 2024 Results

IRVINE, Calif., May 13, 2024 /PRNewswire/ — American Healthcare REIT, Inc. (the “Company,” “we,” “our,” or “us”) (NYSE: AHR) announced today its first quarter 2024 results. Key Highlights: Reported GAAP net loss attributable to common stockholders of $(0.04) per basic and diluted share for the three months ended March 31, 2024. Reported Normalized Funds from Operations […]

News Release: Healthcare Realty Trust Reports Results for the First Quarter (2024)

Healthcare Realty Trust Reports Results for the First Quarter Company Release – 05/07/2024 The Company is focused on its top priorities of capital allocation and operational momentum to accelerate FFO growth and improve dividend coverage. CAPITAL ALLOCATION MOMENTUM Announced a $383 million JV with KKR at a 6.6% cap rate with expected proceeds of $300 million […]

News Release: Medical Properties Trust Comments on Steward Health Care Restructuring

May 06, 2024 04:54 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code. MPT has approved the funding of $75 million in […]

News Release: Diversified Healthcare Trust Announces First Quarter 2024 Results

News Release: Diversified Healthcare Trust Announces First Quarter 2024 Results

May 06, 2024 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Reports section of DHC’s website at https://www.dhcreit.com/investors/financial-information/quarterly/default.aspx. A conference call to discuss DHC’s first quarter 2024 financial results will be held […]

News Release: Healthcare Realty Trust Announces Strategic Joint Venture With KKR

May 06, 2024 06:45 ET Source: Healthcare Realty Trust Incorporated Contributes seed portfolio valued at $383 million to the JV, resulting in proceeds of approximately $300 million Additional KKR capital commitment of up to $600 million to increase the potential value of the JV to more than $1 billion NASHVILLE, Tenn., May 06, 2024 (GLOBE […]

News Release: Steward Health Care Finalizing Financing Deal With Medical Properties Trust to Support Its Restructuring

News Release: Steward Health Care Finalizing Financing Deal With Medical Properties Trust to Support Its Restructuring

Business Wire May 06, 2024 03:39 AM Eastern Daylight Time Funds Will Allow All Communities to Continue to Be Served and Day-to-day Operations to Continue in the Ordinary Course DALLAS, May 06, 2024–(BUSINESS WIRE)–Today, Steward Health Care (“the Company”), a national fully integrated value-based healthcare system and the largest physician-led hospital operator in the United […]