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 […]
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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 […]
Read more →“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 →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 […]
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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 […]
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