News Release: CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area. The facilities will be operated by affiliates of Chapters Living, LLC, a new operator relationship for CareTrust. Chapters Living is a seniors housing and memory care […]
News Release: CareTrust REIT Grows in Georgia with New Operator Relationship
SAN CLEMENTE, Calif., May 1, 2023–(BUSINESS WIRE)–CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area. The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia. Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation […]
News Release: CommonSpirit Completes Purchase of Steward’s Utah Operations
May 01, 2023 05:52 PM Eastern Daylight Time BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the commencement of its master lease with CommonSpirit Health (“CommonSpirit”) through CommonSpirit’s wholly owned subsidiary of Catholic Health Initiatives Colorado (“CHIC”), to operate five general acute care hospitals in Utah. CommonSpirit, recognized as […]
News Release: JLL Income Property Trust Fully Subscribes $200 Million Diversified DST Portfolio
CHICAGO, May 1, 2023 /PRNewswire/ — JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $7 billion in portfolio assets, announced today that it has fully subscribed JLLX Diversified II, DST. The five-property, $200 million diversified portfolio was structured as a Delaware Statutory Trust designed to provide 1031 exchange […]
News Release: Healthpeak Properties Reports First Quarter 2023 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) today announced results for the first quarter ended March 31, 2023. FIRST QUARTER 2023 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS – Net income of $0.22 per share, Nareit FFO of $0.42 per share, FFO as Adjusted of $0.42 per share, AFFO of $0.38 per share, […]
News Release: LTC Reports 2023 First Quarter Results and Discusses Recent Activities
April 27, 2023 04:15 PM Eastern Daylight Time–(BUSINESS WIRE)–LTC Properties, Inc. (NYSE: LTC) (“LTC” or the “Company”), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced operating results for the first quarter ended March 31, 2023. Three Months Ended March 31, 2023 2022 (unaudited) Net income available […]
News Release: Healthpeak Properties Board Appoints Kathy Sandstrom as Chair
NEWS PROVIDED BY Healthpeak Properties, Inc. Apr 27, 2023, 16:15 ET DENVER, April 27, 2023 /PRNewswire/ — Healthpeak Properties, Inc. (NYSE: PEAK) announced today that Kathy Sandstrom was appointed as independent Chair of the Board of Directors. Ms. Sandstrom succeeds Brian Cartwright, who will continue to serve on the Board as an independent director. “Regular rotation […]
News Release: Medical Properties Trust, Inc. Reports First Quarter Results
Per Share Net Income of $0.05 and Normalized FFO of $0.37 in First Quarter Recent Transactions Validate Underwritten Values; Provides Additional Capital Flexibility Declared Second Quarter Regular Dividend of $0.29 Per Share BIRMINGHAM, Ala., Apr. 27, 2023–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the […]
News Release: CBRE Group, Inc. Reports Financial Results for First-Quarter 2023
GAAP EPS Declined 68% to $0.37 Core EPS Declined 34% to $0.92 DALLAS, Apr. 27, 2023–(BUSINESS WIRE)–CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2023. Consolidated Financial Results Overview The following table presents highlights of CBRE performance (dollars in millions, except per share data; totals may not add […]
News Release: Office Properties Income Trust Announces First Quarter 2023 Results
April 26, 2023 04:15 PM Eastern Daylight Time NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced its financial results for the quarter ended March 31, 2023, which can be found at the Quarterly Results section of OPI’s website at https://www.opireit.com/investors/financial-information/default.aspx. A conference call to discuss OPI’s first quarter results will be held on […]
News Release: BXP Announces First Quarter 2023 Results; Reports Q1 EPS of $0.50 and FFO Per Share of $1.73
Commenced Development of Two Fully Pre-Leased Life Sciences Projects Totaling More Than 800,000 Square Feet in Cambridge, Massachusetts April 25, 2023 04:12 PM Eastern Daylight Time BOSTON–(BUSINESS WIRE)–BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, reported results today for the first quarter ended March 31, 2023. […]
News Release: Alexandria Real Estate Equities, Inc. Reports: 1Q23 Net Income per Share – Diluted of $0.44; and 1Q23 FFO per Share – Diluted, As Adjusted, of $2.19
NEWS PROVIDED BY Alexandria Real Estate Equities, Inc. Apr 24, 2023, 16:10 ET PASADENA, Calif., April 24, 2023 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE) announced financial and operating results for the first quarter ended March 31, 2023. Key highlights Operating results 1Q23 1Q22 Total revenues: In millions $ 700.8 $ 615.1 Growth 13.9 % Net income (loss) […]
News Release: American Healthcare REIT Announces Retirement of Three Independent Directors in Connection with Board Refreshment
NEWS PROVIDED BY American Healthcare REIT, Inc. Apr 11, 2023, 14:18 ET IRVINE, Calif., April 11, 2023 /PRNewswire/ — American Healthcare REIT, Inc. (the “Company”), a self-managed, publicly registered, real estate investment trust, announced today that independent directors Harold (“Hal”) H. Greene, Gerald (“Bill”) W. Robinson and J. Grayson Sanders will retire from the Company’s […]
News Release: Office Properties Income Trust and Diversified Healthcare Trust Announce Agreement to Merge in All-Share Transaction
Creates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Gains Access to an Attractive Portfolio of Medical Office and Life Science Properties and Provides Access to National, Private Pay Senior Living Communities Benefitting from Strategic Turnaround Expected to be Accretive to OPI Normalized Funds from Operations (NFFO) and Cash […]
News Release: Diversified Healthcare Trust and Office Properties Income Trust Announce Agreement to Merge in All-Share Transaction
Creates a Diversified REIT with a Broad Portfolio, Defensive Tenant Base and Strong Growth Potential Ensures Immediate Debt Covenant Compliance, Enhances Access to Capital and Financial Flexibility to Execute the SHOP Recovery and Capital Plan, and Enables the Refinancing of 2024 Debt Maturities DHC Shareholders to Receive 0.147 Shares of OPI Common Stock for Each […]