News Release: Healthpeak Properties Reports Second Quarter 2024 Results and Declares Quarterly Cash Dividend on Common Stock
DENVER–(BUSINESS WIRE)–Healthpeak Properties, Inc. (NYSE: DOC), a leading owner, operator, and developer of real estate for healthcare discovery and delivery, today announced results for the second quarter ended June 30, 2024. SECOND QUARTER 2024 FINANCIAL PERFORMANCE AND RECENT HIGHLIGHTS Net income of $0.21 per share, Nareit FFO of $0.44 per share, FFO as Adjusted of […]
News Release: Berkadia Negotiates $42.55M Seniors Housing Portfolio Sale In Florida
TAMPA, FL – July 25, 2024 – Berkadia announced today the sale of a four-property, 334-unit assisted living and memory care portfolio along Florida’s West Coast. Senior Director Brooks Minford of Berkadia Seniors Housing & Healthcare closed the transaction on behalf of two separate sellers. The buyer of all four properties, a Central Florida-based family […]
News Releases: Triad Group Announces Sale of Watertown’s Elm Street Labs
NEWS PROVIDED BY The Triad Group Jul 25, 2024, 14:11 ET BOSTON, July 25, 2024 /PRNewswire/ — The Triad Group announced the sale of its most recent development, “Elm Street Lab’s” in Watertown, MA to Cambridge based Shannon Life Sciences. The 74,670sf property is a new construction state-of-the-art life sciences building that is ready for […]
News Release: Healthcare Real Estate Advisory Group Appoints Patrick Dwyer as Executive Managing Director
(Houston, July 2024) The TICI Group of Companies is pleased to announce the appointment of N. Patrick Dwyer as Executive Managing Director, Healthcare Real Estate Advisory and Managing Director, Capital Markets. With over two decades of commercial real estate expertise, he has held positions at several prominent firms, including NAI Ohio Equities, Hplex Solutions, and […]
News Release: Cushman & Wakefield Advises Sale of Medical Office Building in Bellevue, WA Targeted for New ±150-Room Hotel Redevelopment
Kauri Investments acquires site in Warburton neighborhood for $6.75 million Eye Clinic of Bellevue completes sale / leaseback of property for a few more years before relocating to larger facility BELLEVUE, Wash. – July 25, 2024 – Cushman & Wakefield announced the firm has brokered the sale of a freestanding 5,519-square-foot medical office building on a […]
News Release: The St. Joe Company Reports Second Quarter and First Half 2024 Results and Increases Quarterly Dividend by 17%
Hospitality revenue increased substantially above the prior Company quarterly record achieved in the third quarter of 2023. Hospitality gross margin increased to 39.2% in the second quarter of 2024 as compared to 26.2% in the second quarter of 2023. Hospitality revenue increased by 38%, leasing revenue increased by 19%, while real estate revenue decreased by […]
News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower
Date Published: Wednesday, July 24, 2024 Date Updated: Wednesday, July 24, 2024 Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health […]
News Release: Medical Properties Trust Completes $160 Million Sale of Eight Arizona Facilities
BIRMINGHAM, Ala.–(BUSINESS WIRE)–Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ and seven freestanding emergency department (“FSED”) facilities in the Phoenix metropolitan area to Dignity Health, a wholly-owned subsidiary of CommonSpirit Health, for $160 million. The sale price and current cash […]
News Release: Westchester Medical Center Breaks Ground on $220 Million Critical Care Tower
Federal, State, and County Officials Share their Support for Westchester Medical Center’s Vital Project VALHALLA, N.Y. (July 24, 2024) – Today, New York State Lieutenant Governor Antonio Delgado, along with state and local elected officials, key community influencers, and Westchester Medical Center Health Network (WMCHealth) leadership, gathered to commemorate the start of construction for the […]
News Release: Sila Realty Trust, Inc. Announces Final Results of Modified “Dutch Auction” Tender Offer
TAMPA, Fla.–(BUSINESS WIRE)–Sila Realty Trust, Inc. (NYSE: SILA) (“Sila”, the “Company”, “we” or “us”), a net lease real estate investment trust (“REIT”) with a strategic investment focus on the significant, growing, and resilient healthcare sector, today announced the final results of its modified “Dutch Auction” tender offer (the “Offer”) to purchase for cash up to […]
News Release: Robins & Morton Begins Construction on Baptist Health Rehabilitation Hospital
Press Release 07.23.24 Construction firm Robins & Morton, Anchor Health Properties, Baptist Health South Florida, and Lifepoint Rehabilitation, a business unit of Lifepoint Health, are proud to announce the beginning of construction of the new Baptist Health Rehabilitation Hospital in South Miami, Florida. The three-story, 100,000-square-foot facility will feature 62 private inpatient rooms, with the […]
News Release: Montecito Medical Acquires Urology Clinic Property in Jacksonville, FL
FOR IMMEDIATE RELEASE Nashville, Tenn. — Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 16,500-square-foot medical office property in Jacksonville, Florida. The building, which includes specialized imaging space, is fully occupied by McIver Clinic, a leading specialty provider in the Jacksonville area. “We are delighted to acquire this outstanding real […]
Companies & People: From brokerage to the principal side
Longtime HRE broker Lee Asher discusses his move to buying assets for Kayne Anderson By John B. Mugford For the past 14 years or so, Lee Asher has been a well-known and highly successful broker of healthcare real estate (HRE) facilities, with a big focus on medical outpatient buildings (MOBs). While serving as the co-founder […]
News Release: Governor Cooper Announces Global Pet Healthcare Company Will Create 275 Jobs in Wilson County
Tuesday, July 23, 2024 IDEXX will invest $147 million to establish manufacturing site in Wilson Raleigh, N.C. Today, Governor Roy Cooper announced that IDEXX Laboratories, Inc. (NASDAQ: IDXX), a global leader in pet healthcare innovation, will establish a new manufacturing plant in Wilson County, creating 275 jobs. The company will invest $147 million in Wilson. […]
News Release: SKB Acquires 436,534 SF Advanced Manufacturing Facility in Broomfield, Colorado
News provided by SKB Jul 23, 2024, 08:00 ET BROOMFIELD, Colo., July 23, 2024 /PRNewswire/ — ScanlanKemperBard (SKB) is excited to announce the acquisition of 2555 West Midway Blvd in Broomfield, Colorado. The property, a former pharmaceutical manufacturing facility, encompasses 436,534 square feet on 22.68 acres, and can service a diverse range of tenant requirements. With […]