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Sabra Publishes Third Annual Sustainability Report

Retrieved on: 
Monday, July 24, 2023
General Health, Professional Services, Sustainability, Residential Building & Real Estate, Commercial Building & Real Estate, Environment, Construction & Property, DEI (Diversity, Equity and Inclusion), Nursing, REIT, Environmental, Social and Governance (ESG), Health, NNN, Chairperson, Sustainability reporting, Workplace, Interface (computing), Investment, Collection, Water, ESG, Sabra, Safety, Risk management, Renewable energy

Sabra Health Care REIT, Inc. (“Sabra,” or “we”) (Nasdaq: SBRA) today released its third annual Sustainability Report.

Key Points: 
  • Sabra Health Care REIT, Inc. (“Sabra,” or “we”) (Nasdaq: SBRA) today released its third annual Sustainability Report.
  • Launched an initial $5M Green Links Fund designed to provide our NNN tenants access to capital to fund energy and water efficiency initiatives.
  • Sabra remains committed to furthering our ESG efforts to promote safer and healthier environments for our teammates and residents and to improve outcomes and patient experience.
  • Sabra’s 2022 Sustainability Report is available on the company’s website.

CareTrust Expands in Texas with New Operator Relationship

Retrieved on: 
Friday, June 2, 2023
Health, Hospitals, Commercial Building & Real Estate, Managed Care, Construction & Property, REIT, Growth, Acquisition, NNN, Environment, NYSE, Tenant, History, Self storage, Evergreen, Investment

CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 125-bed skilled nursing facility located in the greater Houston metropolitan area.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 125-bed skilled nursing facility located in the greater Houston metropolitan area.
  • The facility will be operated by an affiliate of Evergreen Health Group, LLC, a new tenant relationship for CareTrust.
  • Evergreen Health Group is a Texas-based operator of skilled nursing facilities primarily owned by Selina Chao, a proven and experienced industry veteran.
  • Evergreen, who took over operations on June 1, 2023, has entered into a 15-year NNN lease with CareTrust that includes two, 5-year extension options and annual CPI-based rent escalators.

NNN REIT, Inc. (NYSE:NNN) President and CEO Steve Horn Interviewed by Advisor Access

Retrieved on: 
Tuesday, May 16, 2023
NNN, Tenant, Risk, AA, Safety, Real estate

President and CEO Steve Horn talks to Advisor Access about the company’s strategy that has led to 33 successive years of dividend growth.

Key Points: 
  • President and CEO Steve Horn talks to Advisor Access about the company’s strategy that has led to 33 successive years of dividend growth.
  • Advisor Access: Your company announced its name change to NNN REIT, Inc. What brought about the change?
  • Steve Horn: I'm excited about the name change.
  • AA: NNN has the third longest annual dividend increase track record of all public REITs and 99% of all public companies.

CareTrust REIT Acquires Two Illinois Memory Care Facilities with New Operator Relationship

Retrieved on: 
Tuesday, May 2, 2023
Nursing, Commercial Building & Real Estate, Construction & Property, REIT, Professional Services, Managed Care, Health, Seniors, Hospitals, Consumer, Finance, Housing, NNN, Investment, The Chapters Live, Chapter, Acquisition, Growth, NYSE, Real estate, Property management

CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 136-unit, two-facility memory care portfolio located in the greater Chicago metropolitan area.
  • The facilities will be operated by affiliates of Chapters Living, LLC, a new operator relationship for CareTrust.
  • Chapters Living is a seniors housing and memory care operator based in the Midwest led by industry veteran Danny Stricker.
  • Chapters took over operations at the facilities from the outgoing operator on May 1, 2023 pursuant to a 15-year NNN master lease agreement.

CareTrust REIT Grows in Georgia with New Operator Relationship

Retrieved on: 
Monday, May 1, 2023
Nursing, Health, Hospitals, Commercial Building & Real Estate, Managed Care, Construction & Property, REIT, NNN, Culture, Elevation, Tenant, Acquisition, The Elevation Group, Growth, NYSE, Investment

CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) announced today that it has acquired a 148-bed skilled nursing facility located in the greater Atlanta metropolitan area.
  • The acquisition represents CareTrust’s second skilled nursing facility in the State of Georgia.
  • Concurrently with the acquisition, CareTrust has entered into a new tenant relationship with Elevation Group, LLC, a Florida-based skilled nursing operator led by two industry veterans and brothers Ken and Dan Funk.
  • James Callister, CareTrust’s Chief Investment Officer commented that, “We are tremendously excited that this acquisition begins CareTrust’s relationship with Elevation Group.

Corion Properties Completes Record Sale of 433-Acre Inland Empire West Land

Retrieved on: 
Wednesday, March 1, 2023
Supply Chain Management, Sports, Motor Sports, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Retail, Urban Planning, Transport, REIT, Logistics, Corion, Associate, Partner, Sale, Walmart, Pressure, Target, ESG, County, Hillwood, NNN, Auto Club Speedway, Heart, NASCAR, Maintenance, CIO, Rail freight transport, Inland Empire, Amazon, Sales

Corion Properties, Inc. announces the completed sale of phase 1 of 433 acres in the highly sought after Inland Empire West submarket of Southern California by Auto Club Speedway (“Seller”) to Dallas-based Hillwood Investment Properties and CBRE Investment Management (“Buyer”).

Key Points: 
  • Corion Properties, Inc. announces the completed sale of phase 1 of 433 acres in the highly sought after Inland Empire West submarket of Southern California by Auto Club Speedway (“Seller”) to Dallas-based Hillwood Investment Properties and CBRE Investment Management (“Buyer”).
  • Situated at the heart of the Inland Empire industrial market, which includes 632 million square feet total inventory and a 1.1% vacancy in the Inland Empire West, the ACS Logistics Center will include abundant features programmed to mitigate environmental impacts and appeal to sophisticated logistics tenant ESG requirements.
  • Corion Properties Founder and CEO, Fred Cordova, Partner & CIO, Ravi Choudhry, President, Al Grazioli, and Associate Vice President, JoAnn Horeni, represented the Seller.
  • The presence of high-credit tenants, such as Amazon, Walmart, Target, and General Pacific, attracts institutional investors from across the world.

NNN Pro Group Leads the Way in 2022 with Record Setting $5.6 Billion in Net Lease Investment Sales

Retrieved on: 
Tuesday, February 21, 2023
Other Construction & Property, Commercial Building & Real Estate, Construction & Property, REIT, Internal Revenue Code section 1031, Acquisition, Marcus & Millichap, Growth, Restaurant, Environment, QSR, NNN, Medicine, Pharmacy, Funeral, Sale, De Paul, Education, Commercial property, Financial services

NNN Pro Group, the market leading investment sales firm in the country announced that it closed a record breaking $5.6 billion across over 1,200 total net lease transactions nationwide in 2022, up over 30% since the year prior.

Key Points: 
  • NNN Pro Group, the market leading investment sales firm in the country announced that it closed a record breaking $5.6 billion across over 1,200 total net lease transactions nationwide in 2022, up over 30% since the year prior.
  • In 2022, NNN Pro Group executed roughly $4 billion in sale-leaseback transactions – a leading industry figure.
  • Earlier this year, the NNN Pro Group made headlines when it announced its separation from national brokerage firm Marcus & Millichap after 20 years, to pursue new strategic business opportunities as an independent group.
  • To learn more about NNN Pro Group, visit www.nnnpro.com .

Net Lease Investment Sales Team “NNN Pro Group” Separates from Marcus & Millichap to Pursue New Strategic Business Opportunities as an Independent Group

Retrieved on: 
Friday, January 6, 2023
Technology, Entertainment, Small Business, Home Goods, Restaurant, Bar, General Entertainment, University, Primary, Secondary, Education, Women, Seniors, Men, Consumer, Supply Chain Management, Other Construction & Property, Online Retail, Residential Building & Real Estate, Luxury, Commercial Building & Real Estate, Discount, Variety, Construction & Property, Department Stores, Other Communications, Publishing, Public Relations, Investor Relations, Marketing, Supermarket, Advertising, Specialty, Communications, Food, Beverage, Fashion, Retail, Legal, Insurance, Human Resources, Finance, Automotive, Consulting, Banking, Accounting, Professional Services, Building Systems, Convenience Store, General Health, Other Manufacturing, Textiles, Steel, Packaging, General Automotive, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Training, Preschool, Teens, REIT, Landscape, Interior Design, Architecture, Social Media, Search Engine Optimization, Health, Search Engine Marketing, Blogging, Telecommunications, Software, Internet, Hardware, Electronic Design Automation, Data Management, Consumer Electronics, NNN, NYSE, MMI, Marcus & Millichap, Real estate, Sales, Tourism

NNN Pro Group, a leading investment sales team at commercial real estate firm Marcus & Millichap (NYSE: MMI), announced its separation from the national brokerage company effective January 1, 2023.

Key Points: 
  • NNN Pro Group, a leading investment sales team at commercial real estate firm Marcus & Millichap (NYSE: MMI), announced its separation from the national brokerage company effective January 1, 2023.
  • The team was founded over 20 years ago by Chief Executive Officer Glen Kunofsky, and is co-managed by Chief Operating Officer Nicoletti DePaul.
  • We look forward to continuing to partner together in various capacities in the future.”
    In a statement made by Marcus & Millichap, Chief Operating Officer J.D.
  • Parker added “We are thankful to Glen and the entire NNN Pro Group for their contributions to Marcus & Millichap over the years.

Bit Brother's Crypto Mining Projects Achievements in Texas

Retrieved on: 
Wednesday, January 4, 2023
Security (finance), Watchtower Bible & Tract Society of New York, Inc. v. Village of Stratton, Person, Virgin Islands, Mining, Risk, Kilowatt-hour, Insurance, Marketing, APA, BTB, Business, NNN, Tax, Restaurant, Site, Research, Cryptocurrency, Pumpjack

Pumpjack, an Option 2 Retail Electric Provider ("REP"), is engaged in the retail marketing of electric energy in the Texas ERCOT market.

Key Points: 
  • Pumpjack, an Option 2 Retail Electric Provider ("REP"), is engaged in the retail marketing of electric energy in the Texas ERCOT market.
  • On December 22, 2022, BTB NY purchased 1,400 S19J Pro cryptocurrency mining servers from Grand Flourish Inc. for an aggregate purchase price of US$2,329,600.
  • Mr. Ralph Jones, the CEO of BTB NY, commented, "it's inspiring to see Bit Brother entered into the retail power sales agreement, cryptocurrency mining equipment purchase agreement, and the crypto mining site lease simultaneously in December 2022.
  • The initial achievements Bit Brother made constitute a firm step for its further journey in cryptocurrency and blockchain field."

Physicians Realty Trust Announces Acquisition of Calko Medical Center, in Brooklyn, New York, for $81.5 Million

Retrieved on: 
Tuesday, September 13, 2022
Health, Hospitals, Surgery, Construction & Property, General Health, REIT, Securities Exchange Act of 1934, Risk, AA, Maimonides Medical Center, Plastic surgery, Centers for Medicare & Medicaid Services, COVID-19, Trust, NYSE, Urology, Medicare, LLC, Pediatrics, Securities Act of 1933, Fertilisation, Hospital, ASC, Company, Fertility, Acquisition, Private Securities Litigation Reform Act, REIT, Forward-looking statement, U.S. Securities and Exchange Commission, Colorectal surgery, Investment, Pain management, American Realty Advisors, Physician, CEO, PT, Pediatric urology, NNN, GLA, General surgery, Pathology, Nation, Heart, Security (finance), Commission, OBGYN, Newsweek, FHA, Maimonides, Gastroenterology, Orthopedic surgery, Podiatry

Physicians Realty Trust (NYSE:DOC) (the Company), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC (MedProperties) is proud to announce the closing of the acquisition of Calko Medical Center.

Key Points: 
  • Physicians Realty Trust (NYSE:DOC) (the Company), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC (MedProperties) is proud to announce the closing of the acquisition of Calko Medical Center.
  • The property is currently 100% leased through 14 NNN leases with a weighted average remaining term of approximately 7 years.
  • Major tenants include Maimonides Medical Center (31% GLA), Brooklyn Surgery Center (25% GLA), and RadNet Imaging (11% GLA).
  • We look forward to working with Maimonides Medical Center, the physicians, and other providers in this facility for years to come.