News Release: HCP Appoints Lydia Kennard and Kent Griffin to its Board of Directors
Brian Cartwright Named Chairman Board Adopts Mandatory Retirement Age for Directors IRVINE, Calif., May 2, 2018 /PRNewswire/ — HCP (NYSE: HCP) today announced significant updates to its Board of Directors and related corporate governance enhancements. Appointment of Two New Independent Directors HCP has appointed Lydia Kennard and Kent Griffin as independent directors to its Board, effective […]
News Release: Healthcare Trust of America, Inc. Reports First Quarter 2018 Earnings
Normalized FFO of $0.41 Per Diluted Share Same-Property Cash NOI Growth of 2.3%, 3.2% Excluding Forest Park Properties New Development Announced SCOTTSDALE, Ariz., April 30, 2018 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three months ended March 31, 2018. First Quarter 2018 Highlights Operating Net Income Attributable to Common Stockholders: Decreased (27.6)% to $9.8 […]
News Release: Welltower Reports First Quarter 2018 Results
Welltower Inc. (NYSE: WELL) today announced results for the quarter ended March 31, 2018. For the quarter, we generated net income attributable to common stockholders of $1.17 per share and normalized FFO attributable to common stockholders of $0.99 per share. Quarterly Highlights Delivered $137 million of pro rata development projects with an expected stabilized yield of 9.3% Funded $476 million in pro-rata new property acquisitions at […]
REIT Report: Global Medical enters big deal
REIT agrees to acquire four MOBs in Belpre, Ohio, for $64.2 million By John B. Mugford Bethesda, Md.-based Global Medical REIT Inc. (NYSE: GBRE) continues to grow its portfolio, and it will soon add four medical office buildings (MOBs), and possibly a fifth, in one transaction.
News Release: ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors
ProMedica Health System to Acquire HCR ManorCare Redefining Care for Seniors – Welltower and ProMedica enter into Joint Venture that will propel ProMedica to be in the top 15 largest U.S. Health Systems – First, of its kind partnership spans the full spectrum of care, including wellness, skilled nursing, memory care, assisted living, hospice and […]
News Release: ProMedica Health System And Welltower To Acquire Quality Care Properties In Newly Formed Joint Venture
ProMedica (A1/A+) to Acquire QCP Principal Tenant, HCR ManorCare, and Enter Into New 15-Year Lease With Welltower and ProMedica Property Joint Venture (80/20) with 1.8x EBITDAR Coverage ~8% Yielding $2.2 Billion Investment at Welltower Share Investment Expected To Provide ~$0.20 Per Share Annual Accretion to Welltower(1) Joint Venture to Propel ProMedica to be in the […]
News Release: Global Medical REIT Inc. Announces Closing of the Acquisition of the Belpre Medical Office Portfolio in Belpre, Ohio for an Aggregate Purchase Price of $64.2 Million
Press Release Company Release – 4/24/2018 8:15 AM ET BETHESDA, Md.–(BUSINESS WIRE)– Global Medical REIT Inc. (NYSE:GMRE) (the “Company”), a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share, today announced the following event: Closing of the Acquisition of […]
REIT Report: HCP Inc. closes 2017 on a big note
The REIT made most of its purchases, including an MOB portfolio, during Q4 By John B. Mugford It’s long been said that commercial real estate sales pick up during the fourth quarter (Q4), as buyers and sellers alike strive to get as many transactions on the books as possible before the end of the year.
News Release: HCP Closes on the Sale of Its Tandem Mezzanine Loan Investment
HCP (NYSE: HCP) today announced it has closed on the sale of its Tandem mezzanine loan investment to Fundamental Advisors LP, a leading alternative asset manager, for $112 million. “We are pleased to close on the disposition of our last mezzanine loan investment,” said Scott Brinker, HCP’s Chief Investment Officer. “With this sale, and the […]
News Release: Griffin-American Healthcare REIT IV Reports Fourth Quarter and Year-End 2017 Results
NEWS PROVIDED BY Griffin-American Healthcare REIT IV, Inc. Mar 12, 2018, 17:00 ET IRVINE, Calif., March 12, 2018 /PRNewswire/ — Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company’s fourth quarter and year ended Dec. 31, 2017. “Griffin-American Healthcare REIT IV expanded significantly during 2017, acquiring more than $327 million of quality healthcare real estate on behalf of our […]
News Release: HCP and Atria Senior Living Announce Agreement to Transition Management of 24 Senior Housing Communities to Atria
HCP (NYSE: HCP) and Atria Senior Living (“Atria”) announced today they have reached agreements to transition management on a portfolio of 24 HCP-owned senior housing communities from Brookdale Senior Living to Atria. “We are pleased to meaningfully grow our relationship with Atria,” said Tom Herzog, HCP President and Chief Executive Officer. “Atria has a proven track […]
News Release: RTG Is Celebrating Our 20th Anniversary!
March 1, 2018, Knoxville, TN: Realty Trust Group (RTG) is proud to announce our 20-Year Anniversary. Founded in 1998 by Greg Gheen and the shareholders of PYA, RTG has grown to 60 employees across three offices. We have continually grown our services and our geography – offering a comprehensive platform of real estate services to […]
News Release: Physicians Realty Trust Reports Fourth Quarter and Full Year 2017 Financial Results
Announces Total 2017 Investment Activity of $1.4 Billion Expands Portfolio to more than $4.2 Billion in Total Real Estate Assets Fourth Quarter Highlights: Reported fourth quarter 2017 total revenue of $97.3 million, up 32.1% year-over-year. Generated fourth-quarter net income per share and OP unit of $0.05 on a fully diluted basis, compared to net […]
News Release: Welltower Announces Stock Ticker Change to “WELL”
Ticker symbol represents new wellness model to support improved care outcomes among the aging population In celebration of this day of wellness in New York City, the Welltower Foundation is making charitable contributions to several local, best-in-class organizations Welltower Inc. (NYSE: WELL) today announced the New York Stock Exchange has approved a change of its stock […]
REIT Report: HTA’s 2017 was a memorable one
The REIT made $2.73 billion of investments to become the largest MOB owner By John B. Mugford Even though plenty was written about Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) during 2017, the year that the publicly traded real estate investment trust (REIT) had deserves plenty of attention. In announcing its full-year 2017 […]