One Medical, whose parent is called 1Life Healthcare Inc., operates 182 medical offices in 25 markets in the United States. Customers pay a subscription fee for access to its physicians and round-the-clock digital health services.
The billionaire Spanish retail owner's property holdings rose to $15.6 billion, according to a statement from Pontegadea, the firm that manages his fortune, similar to the value recorded pre-pandemic.
Fundamentals continue to improve, but rising costs, inflation and interest rate hikes are tempering enthusiasm even as seniors housing continues to bounce back from COVID-induced disruptions.
Big hotel brands’ emission reduction pledges have remained largely, if not entirely, focused on operational carbon via reductions in fossil fuel use, waste, and water usage.
U.S. Attorney Breon Peace in Brooklyn said the two, both naturalized US citizens, enticed their victims to invest in a series of fake businesses, including a sham real estate investment, while making illegal donations to campaigns.
Ortega’s holding firm Pontegadea has reached an accord to acquire the 64-floor luxury apartment complex for about $500 million. The building was sold by Carmel Partners.
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries.