REIT Report

News Releases: Medical Properties Trust Announces Final Approvals for HMC to Proceed With Acquisition of Remaining Australian Facilities

Cash Proceeds of Approximately AUD$470 Million to be Immediately Applied to Debt Reduction October 03, 2023 09:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that the Australian Foreign Investment Review Board has approved HMC Capital’s purchase of MPT’s remaining four Australian facilities for approximately […]

News Release: Medical Properties Trust Posts New Video Message to Shareholders

BIRMINGHAM, Ala., Oct. 2, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that a new video message to shareholders has been posted to its website. In the video, Edward K. Aldag, Jr., MPT’s Chairman, President and Chief Executive Officer, describes the Company’s business model, levers for shareholder value creation, capital […]

News Release: Sila Realty Trust, Inc. Completes Acquisition of Burr Ridge Medical Office Building for $59.95 Million

TAMPA, Fla., September 28, 2023–(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 104,912 square foot medical office building located in Burr Ridge, Illinois (the “Burr Ridge Healthcare Facility”) for $59.95 […]

News Release: Diversified Healthcare Trust Announces Board and Leadership Updates and Actions to Address Near Term Capital Needs, Including Pending Debt Maturities

Phyllis Hollis Appointed Independent Trustee Matthew Brown Appointed CFO, Effective October 1, 2023 B. Riley Securities Engaged as Financial Advisor   NEWTON, Mass., Sept. 26, 2023–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) today announced changes to its Board of Trustees and executive leadership team, and other actions to address its near term capital needs, including DHC’s […]

News Release: Easterly Government Properties Completes Acquisition of VA – Corpus Christi, the Ninth of 10 Properties in the VA Portfolio

WASHINGTON–(BUSINESS WIRE)–Sep. 26, 2023— 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, through its joint venture (“JV”), completed the acquisition of the previously announced 69,276 leased square […]

News Release: Healthpeak Properties Publishes Updated Investor Presentation

News Release: Healthpeak Properties 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 the publication of an updated investor presentation in advance of upcoming investor meetings. The presentation is available on Healthpeak’s investor relations website at https://ir.healthpeak.com. ABOUT HEALTHPEAK PROPERTIES Healthpeak Properties, Inc. is a fully integrated […]

News Release: Welltower Raises 2023 Guidance and Issues Business Update

News Release: Welltower Raises 2023 Guidance and Issues Business Update

NEWS PROVIDED BY Welltower Inc. 11 Sep, 2023, 07:17 ET TOLEDO, Ohio, Sept. 11, 2023 /PRNewswire/ — Welltower® Inc. (NYSE: WELL) today announced that it has revised its 2023 outlook. The Company now expects to achieve normalized funds from operations attributable to common stockholders in a range of $3.51 – $3.60 per diluted share as compared […]

News Release: Diversified Healthcare Trust and Office Properties Income Trust Mutually Agree to Terminate Merger Agreement

September 01, 2023 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Diversified Healthcare Trust (Nasdaq: DHC) and Office Properties Income Trust (Nasdaq: OPI) today announced that they have mutually agreed to terminate their previously announced merger agreement dated April 11, 2023, pursuant to which OPI had agreed to acquire all outstanding common shares of DHC. Accordingly, […]

News Release: Ventas Announces Three Proven High Performing Operators to Manage 26 Independent Living Communities in Attractive Markets to Drive Occupancy and Performance

Expansion of Successful Relationships with Operators Consistent with Ventas’s Right Market, Right Asset, Right OperatorTM Strategy August 22, 2023 08:36 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–In conjunction with previously scheduled investor meetings, Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today identified three proven senior housing operators who will take over management of 26 high-quality independent […]

News Release: Medical Properties Trust Updates Capital Allocation Strategy to Further Enhance Long-Term Value Creation

Adjusts Quarterly Dividend to Better Align with the Company’s Cash Flow Profile Following Asset Divestitures Announces Actions to Strengthen Balance Sheet and Accelerate Deleveraging BIRMINGHAM, Ala, Aug. 21, 2023 –(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that its Board of Directors has adopted an updated capital allocation strategy designed […]

News Release: Medical Properties Trust Sells $105 Million of Its Interest in Steward’s Syndicated Asset-backed Credit Facility

August 17, 2023 04:15 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced that it has sold $105 million of its interest in Steward Health Care System’s (“Steward”) new syndicated asset-backed credit facility to a leading global asset manager with more than $100 billion in assets […]

REIT Report: Patient and prudent, not stagnant

REIT Report: Patient and prudent, not stagnant

Deals might be slow now, but Physicians Realty Trust is optimistic about the future By John B. Mugford During a time of rising interest rates, harder-to-obtain debt for acquisitions, and a larger-than-normal pricing gap between what buyers would like to pay and what sellers would like to receive, medical office building (MOB) sales have dropped […]

News Release: Medical Properties Trust, Inc. Reports Second Quarter Results

Per Share Net Loss of ($0.07) and Normalized FFO of $0.48 in Second Quarter August 08, 2023 08:00 AM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the second quarter ended June 30, 2023, as well as certain events occurring subsequent […]

News Release: Sila Realty Trust, Inc. Second Quarter 2023 Results

August 07, 2023 04:16 PM Eastern Daylight Time TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. today announced operating results for the second quarter ended June 30, 2023. Highlights of the Quarter Ended June 30, 2023 vs. June 30, 2022 Rental revenue was $45.0 million, and was unchanged. Net income attributable to common stockholders was $3.9 million, […]

News Release: Sabra Reports Second Quarter 2023 Results

August 07, 2023 04:05 PM Eastern Daylight Time IRVINE, Calif.–(BUSINESS WIRE)–Sabra Health Care REIT, Inc. (“Sabra,” the “Company” or “we”) (Nasdaq: SBRA) today announced its results of operations for the second quarter of 2023. SECOND QUARTER 2023 RESULTS AND RECENT EVENTS Results per diluted common share for the second quarter of 2023 were as follows: […]