Healthcare Realty Trust Inc (HR)

Healthcare Realty Trust Inc. is a leader in the field of healthcare real estate investment, and its portfolio continues to grow through strategic investments and mergers & acquisitions. The company’s expertise in acquisition, financing, property management, leasing, and disposition has enabled it to become one of the leading REITs in the industry. With properties located in markets across the country, Healthcare Realty Trust Inc. provides healthcare real estate services to hospitals, health systems, and physician groups. The company focuses on developing outpatient facilities that are integral to a hospital’s operations, generating all of its revenue in the United States.

Over the years Healthcare Realty has developed relationships with market-leading health systems throughout the country. The majority of Healthcare Realty’s properties are on or near these health systems, where they house essential outpatient services such as surgery, cancer treatment, and imaging and house key physician groups who are crucial to the hospital’s long-term mission.

Healthcare Realty’s portfolio started with 21 healthcare facilities in 1993, and now the REIT has grown to 721 properties. The company has consistently refined its portfolio, primarily toward multi-tenant, on-campus medical office buildings which provide stability in occupancy rates, high tenant retention, and steady growth. Through an efficient acquisition and development strategy the Healthcare Realty portfolio is well diversified by geography, tenant size, and physician specialty.

Since its listing on the New York Stock Exchange in 1993, Healthcare Realty has completed several significant acquisitions, including the acquisition of Capstone Capital Corporation in 1998, Baylor Healthcare System in 2004, and Atrium Health medical office facilities in 2008. More recently in 2020, Healthcare Realty formed a joint venture partnership with TIAA, and in 2022 merged with HTA to acquire an $18 billion strategic combination.

Today Healthcare Realty Trust Inc. is one of the leading REITs in the healthcare real estate industry, investing heavily in its portfolio to provide quality services to its tenants and shareholders alike. With its growing network of relationships and efficient acquisition strategy, Healthcare Realty continues to expand its reach and investments in the healthcare real estate field. The company reaches a total portfolio of 721 properties across the United States, with landmark acquisitions such as Atrium Health in the Richmond area, and reaches a $2.8B investment.

Building upon its REIT status, Healthcare Realty Trust Inc. offers a strong dividend, pays an annual special dividend of $4.75/share, and has consistently grown its portfolio since 1993. The company is a leader in the field of healthcare real estate investment and continues to provide quality services to its tenants and shareholders alike. Healthcare Realty’s diversified portfolios, focused investments, and knowledgeable professionals demonstrate the company’s commitment to delivering value through its investments.

Stock: HR | USA | Healthcare