Companies & People: AHR is excited about its prospects
After its IPO, REIT pays down debt, will be selective about acquisitions By John B. Mugford As a result of its recent initial public offering (IPO), Irvine-based American Healthcare REIT (NYSE: AHR), which has been involved in the healthcare real estate (HRE) sector since 2009, was able to significantly reduce its floating rate debt. According […]
News Release: CareTrust REIT Invests $60 Million in Acquisition of Three Southern California Continuing Care Retirement Communities
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has purchased three continuing care retirement communities (CCRCs) located in Los Angeles, Orange, and San Diego counties. The multi-service senior living campuses include 475 assisted living, skilled nursing, and memory care beds/units. All three facilities will be operated by Bayshire Senior Communities, an existing […]
News Release: Ventas Issues Business Update (April 2024)
April 01, 2024 09:25 AM Eastern Daylight Time 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 […]
News Release: Sila Realty Trust, Inc. Announces the Appointment of Executive Vice President and Chief Investment Officer to Join Senior Leadership Team
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 the appointment of Christopher K. Flouhouse as Executive Vice President and Chief Investment Officer of the […]
News Release: Sila Realty Trust, Inc. Completes Acquisition of $85.5 Million Healthcare Portfolio in Arizona and Texas
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 five Class A healthcare facilities located in Arizona and Texas (the “Portfolio”), for a contract purchase price of $85.5 million. The […]
News Release: American Healthcare REIT (“AHR”) Announces Fourth Quarter 2023 and Full Year 2023 Results; Issues Full Year 2024 Guidance
IRVINE, Calif. (March 21, 2024) – American Healthcare REIT, Inc. (NYSE: AHR) announced today its fourth quarter and full year 2023 results. Further, the company reported various subsequent-to-quarter-end items. Key Highlights: Reported GAAP net loss attributable to stockholders of $0.42 and $1.08 per basic and diluted share for the three and 12 months ended Dec. […]
News Release: Flagship Healthcare Properties Elects New Partners
Senior executives Rex Noble, Kyle Sweeney and Blake Bratcher join ownership ranks CHARLOTTE, N.C. — Flagship Healthcare Properties (Flagship), an outpatient healthcare real estate firm, has appointed three of its executives as owners and partners: Rex Noble, Executive Vice President of Asset Management; Kyle Sweeney, Chief Investment Officer; and Blake Bratcher, Executive Vice President of […]
News Release: Sila Realty Trust, Inc. Announces New $250 Million Unsecured Term Loan
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 closing of an Amended and Restated Term Loan Agreement (the “Term Loan”). The Term Loan initially matures March 2027, and includes two twelve-month […]
News Release: Sila Realty Trust, Inc. Fourth Quarter and Year Ended 2023 Results
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the fourth quarter and year ended December 31, 2023. Highlights of the Quarter Ended December 31, 2023 vs. December 31, 2022 Rental revenue was $45.9 million, an increase of 5%. Net loss attributable to common stockholders was $9.0 million, a decrease of 74%. Funds […]
News Release: CareTrust REIT Acquires Three Property Skilled Nursing Portfolio in Texas and Missouri
SAN CLEMENTE, Calif.–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today the acquisition of three skilled nursing facilities for approximately $55.6 million, inclusive of transaction costs. The portfolio, consisting of 210 skilled nursing beds and 24 assisted living units, will be added to CareTrust’s existing master lease with affiliates of PACS Group, Inc., who has been operating […]
News Release: Ventas Appoints Theodore Bigman and Joe V. Rodriguez, Jr. to Board of Directors
Enters Into Cooperation Agreement with Land & Buildings CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) today announced that its Board of Directors has appointed Theodore Bigman and Joe V. Rodriguez, Jr. to the Board, effective immediately. In connection with the appointments, which align with Ventas’s ongoing focus on Board refreshment and maintaining strong governance, the Company has […]
News Release: Easterly Asset Management Partners with Leading Investment Management Firm, Harrison Street
Strategic partnership brings a leader in alternative real assets to the private wealth market. BEVERLY, Mass.–(BUSINESS WIRE)–Easterly Asset Management (“Easterly”), a multi-affiliate platform for high-performing boutique investment managers, today announced a strategic partnership with Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets with $56 billion in assets under […]
News Release: Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension
Alexandria Real Estate Equities, Inc. Announces Significant Early Renewal and 10-Year Lease Extension With Longstanding Credit Tenant Takeda at the Alexandria Center at Kendall Square Mega Campus in Cambridge NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. 04 Mar, 2024, 07:00 ET PASADENA, Calif., March 4, 2024 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), […]
News Release: Healthcare Realty Trust Announces Planned Retirement of Two Directors and 2024 Nominees
Press Release March 04, 2024 06:45 ET | Source: Healthcare Realty Trust Incorporated NASHVILLE, Tenn., March 04, 2024 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE:HR) today announced the nomination of 11 of its current 13 directors to stand for election to its Board of Directors at the Company’s annual meeting of stockholders to be […]
News Release: Healthpeak Properties to Present at the Citi 2024 Global Property CEO Conference and Publishes Updated Investor Presentation
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: PEAK), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, announced today that Scott Brinker, its President and Chief Executive Officer, is scheduled to present at the Citi 2024 Global Property CEO Conference. The presentation is scheduled for 11:40 a.m. Eastern Time on Tuesday, March […]
