Share this article
Share this article
SCOTTSDALE, Ariz., Jan. 12, 2021 /PRNewswire/ Healthcare Trust of America, Inc. (NYSE:HTA or the Company ), provided a business update for 4Q 2020 which included the acquisition of over $129 million of medical office investments and the collection of more than 99% of contractual rent due. We concluded 2020 and are starting 2021 with strong momentum on the acquisition front, largely due to the long-term relationships we have in our key markets, stated Chairman, President, and CEO Scott D. Peters. These acquisitions are a testament of HTA s ability to leverage relationships with health systems and local developers to drive investment opportunities at attractive yields, in existing key markets where we have in-place scale that we expect to see continued growth and synergies.
13 Must Reads for the CRE Industry Today (Jan. 13, 2021) Some REITs have been buying their own shares, according to Dow Jones Newswires. New York restaurant owners file a new lawsuit against Governor Cuomo over shifting regulations, reports Eater New York. These are among today’s must reads from around the commercial real estate industry.
Big Real Estate Firms Turn Buyers of Their Own Shares“Some publicly traded real-estate companies have found a buyer for their shares, despite empty offices, deserted hotels and reeling shopping malls the companies themselves. Real-estate owners, including SL Green Realty Corp. and Healthcare Trust of America Inc., say stock-market investors have significantly undervalued their property holdings compared with what they could fetch in the private market.” (Dow Jones Newswires)