News Release: Investors Real Estate Trust Announces Planned Dispositions of Senior Housing Properties for $236.0 Million
Expected Closings in Calendar 2017 Would Complete Exit from Senior Housing Portfolio- MINOT, N.D., Aug. 31, 2016 /PRNewswire/ — Investors Real Estate Trust (NYSE: IRET) (NYSE: IRETPR) (NYSE: IRETPRB) (the “Company”), a real estate investment trust focusing on the acquisition, development, redevelopment and management of multifamily communities located primarily in select growth markets throughout the Midwest, […]
REIT Report: Healthcare REITs: Not just in the U.S.
Japan offers investment option through Nippon Healthcare Investment Corp. By Murray W. Wolf Americans can sometimes get so wrapped up in what’s happening in our own country that we don’t pay much attention to what’s going in the rest of the world.
REIT Report: HCP plans HCR ManorCare spin-off
Troubled skilled nursing facilities portfolio to become a standalone company By Murray W. Wolf In August 2015, healthcare real estate investment trust (REIT) Ventas Inc. (NYSE: VTR) announced completion of the spin-off of its skilled nursing facility (SNF) portfolio into a publicly traded independent REIT called Care Capital Properties Inc. (NYSE: CCP). Now another healthcare […]
REIT Report: HTA finding deals so far in 2016
Increased investment activity follows a slight slowdown in investments in 2015 By John B. Mugford At a time when the country’s publicly traded, healthcare-focused real estate investment trusts (REITs) are supposedly being a bit more cautious about making medical office building (MOB) acquisitions, Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) recently found a […]
REIT Report: A sigh of relief for unlisted REITs
But the Dept. of Labor ruling calls for more transparency concerning costs, fees By John B. Mugford Opinions among healthcare real estate (HRE) professionals differ on whether the U.S. Department of Labor’s (DOL) final version of its new fiduciary rule concerning retirement accounts will have a positive or a negative effect on the non-traded real […]
REIT Report: SEC declares CNL IPO effective
Healthcare and senior living REIT registered up to $2 billion in common stock By Connie M. McCaffrey CNL Healthcare Properties II Inc., which is headquartered in Orlando, Fla., announced that its registration statement regarding an initial public offering of up to $2 billion in common stock was declared effective by the U.S. Securities and Exchange […]
REIT Report: Duke Realty bullish on MOB sector
Its development pipeline ‘has probably never been healthier,’ REIT execs say By John B. Mugford During the recent fourth quarter (Q4) earnings conference call with Duke Realty (NYSE: DRE), securities analyst David Toti of Cantor Fitzgerald asked if uncertainty about the upcoming election and its possible impact on healthcare reform was causing any “hesitation” on […]
News Release: Griffin-American Healthcare REIT IV poised for $3.15 billion IPO
Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission […]
REIT Report: G-A REIT III nearing end of purchases
But co-sponsors AHI and Griffin Capital are launching a new healthcare REIT By John B. Mugford With its late 2015 acquisition of Trilogy Health Services LLC, Irvine, Calif.-based Griffin-American Healthcare REIT III Inc. nearly doubled its size.
REIT Report: CNL buys Vegas-area MOB complex
$54.8 million acquisition in Henderson, Nev., is REIT’s largest in some time By John B. Mugford Orlando, Fla.-based CNL Healthcare Properties recently found a medical property it liked near Las Vegas, and it went ahead and paid $54.8 million for the three-building, 139,222 square foot Siena Heights Medical Pavilion in Henderson, Nev.
REIT Report: G-A REIT III still buying aplenty
Unlisted REIT spent $180M in Q3 and has even more acquisitions in the pipeline By Erin E. Porter Griffin-American Healthcare REIT III (G-A REIT III), the latest in a line of healthcare-focused, unlisted real estate investment trusts (REITs) co-sponsored by California firms American Healthcare Investors and Griffin Capital Corp., continued with its buying ways in […]
REIT Report: New REIT hits the ground running
Ventas spinoff Care Capital Properties makes $190 million SNF, ALF acquisition By Murray W. Wolf Care Capital Properties Inc. (NYSE: CCP) wasted no time. Less than two weeks after being spun off from Ventas Inc. (NYSE: VTR), the Chicago-based real estate investment trust (REIT) made its first acquisition.
