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Tuesday, September 22, 2020
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Real Estate MOBs of Appeal

MOBs of Appeal

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Companies that own senior housing and care facilities are among Wall Street’s biggest gainers this year – but one analyst thinks shares of some may have reached a plateau. These types of real estate investment trusts, or REITs, have benefited from rising demand thanks to aging baby boomers and a slowdown in new construction since 2017. Wall Street has taken note. Stock gains by some of the biggest health care REITs have outpaced the broader stock market. Welltower is up 24.9% and Ventas has gained 20.9% this year. The S&P 500 is up 19.4%.

Further gains may be capped, however, by growing labor costs for senior care facilities. New construction, while slower than a couple years ago, also remains above the long-term average for the sector, BTIG analyst Michael Gorman wrote in a recent research note. A potential bright spot is REITs specialized in medical office buildings, or MOBs. “We like the fundamentals in the MOB space ahead of the other health care segments, and think they should generate more stable internal growth in the near-term,” Gorman said.

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Latest News

Ascension Coffee, ZAAP Kitchen announce openings in Fort Worth

 An Australian-style coffee shop and cafe and a restaurant focusing on Thai Street food and Lao cuisine are coming to Fort Worth.

Two new restaurants coming to Crockett Row

Two new restaurants offering international cuisine, as well as two new health, beauty and wellness service offerings, have opened or are opening...

Transwestern listing downtown Fort Worth office building with modern renovations

Transwestern Real Estate Services on Sept. 21 announced it is the exclusive sales agent for Winfield Place, a 33,064-square-foot, three-story office building...

Crescent acquires luxury hotel in Metro Atlanta market

Crescent Real Estate LLC on Sept. 17 announced it has  acquired The Hotel at Avalon, a 330-room luxury hotel located in the...

Samuels home in Rockport up for auction, listed for $8.75M

Longtime area car dealer and business leader Allen Samuels died in April and now one of his estates will go up for...