Healthcare: HCP Closes $440M Equity Offering
By Bob Howard
LONG BEACH, CA-HCP, a health care properties REIT that successfully raised additional funds last year by issuing new stock, has completed a $440-million public offering of 20.7 million shares of common stock at a price of $21.25 per share. HCP had said previously that it hoped to raise a minimum of nearly $383 [...]
Healthcare: Universal Health Realty Income Trust Reports Operating Results (10-Q)
Universal Health Realty Income Trust (UHT) filed Quarterly Report for the period ended 2009-03-31.
Universal Health Realty Income Trust a real estate investment trust invests in healthcare and human service-related facilitiesincluding acute care hospitals behavioral healthcare facilities rehabilitation hospitals sub-acute care facilities surgery centerschildcare centers and medical office buildings.(PR) Universal Health Realty Income Trust has [...]
Marina: Summit Acquires Two Prominent Marina Properties in Florida Keys
Summit Development, a diversified real estate development company with offices in North Palm Beach, said that it has acquired two prominent marina properties in the Florida Keys — Mangrove Marina in Tavernier and The Sombrero Resort and Marina in Marathon. Summit said it will undertake extensive renovations to upgrade both properties.
Summit Development, which is actively [...]
Senior Housing: Senior Housing Properties Q1 FFO Rises – Update
(RTTNews) – Wednesday, Senior Housing Properties Trust (SNH: News ), reported a rise in funds from operations or FFO for the first quarter, although short of estimates. Revenues for the quarter increased, and exceeded analysts’ expectations.
For the first quarter, the Newton, Massachusetts-based company’s FFO increased to $52.1 million from $38.3 million in the [...]
Healthcare: Ventas 1Q FFO up 4.6 percent
Health care real estate investment trust Ventas Inc. experienced a 4.6 percent first-quarter increase in normalized funds from operations.
Chicago-based Ventas (NYSE: VTR) said normalized funds from operations — a standard measure of profitability for REITs — increased to $95.7 million, or 67 cents per share, from $91.5 million, also 67 cents per share, on fewer [...]
Healthcare: An inside look at Needham’s hospital expansion
Construction on the new wing at the Beth Israel Deaconess Hospital-Needham is in the final stages. When completed, the 37,000 square foot addition will feature a new emergency room, main entrance, magnetic resonance imaging suite and 20 additional private inpatient rooms. The $30 million addition is scheduled to open October 3, 2009.
Boston.com/needham recently reported that [...]
Healthcare Real Estate Grows Up – Part 1
“It is not the strongest of the species that survives, nor the most intelligent, but the one most responsive to change.”—Charles Darwin Ok, so by now every savvy investor that reads GlobeSt daily, watches CNBC hourly and subscribes to The Real Deal has heard of the wonders of healthcare real estate.
Read more →Airports: In Missouri, Investors Seek a Profit in Branson Airport
By CHRISTINE NEGRONI
Branson, Mo., is remote and has a tiny year-round population. But it also has the kinds of outdoor activities and family-friendly theater productions that attracted eight and a half million visitors last year, earning the city the unofficial nickname “Vegas without the gambling.”
The Branson Airport will have ticket booths for downtown performances.
And it [...]
Healthcare: Health Care Shows Strong Vital Signs In Sick Economy
The health care industry is hardly recession-proof, but it’s among only a few employment sectors to escape serious financial injury at a time when demand for everything from cars to clothes has plummeted. Health care spending accounted for 17% of U.S. gross domestic product in 2008, according to the National Coalition on Health Care, which [...]
Read more →
Loading ...
