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| Healthcare Trust of America, Inc. 5/21/09 |
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Healthcare Trust of America, Inc.
We are Healthcare Trust of America, Inc., a self-managed, existing, active and public, non-listed real estate investment trust, or REIT. Formerly known as Grubb & Ellis Healthcare REIT, Inc., we own a real estate portfolio of medical office buildings and healthcare-related facilities that generates stable, long-term operating cash flow. As a healthcare REIT, our properties are poised to benefit from fast-growing, non-discretionary consumer demand for healthcare. The REIT has made 44 geographically diverse acquisitions (and one other real estate related asset) valued at approximately $1.3 billion based on purchase price, which includes 154 buildings and one real estate-related asset, as of September 30, 2009. Our portfolio totals approximately 6.3 million square feet and includes 135 medical office buildings, four hospitals, 12 skilled nursing and assisted living facilities and three other office buildings located in 20 states, including: Arizona, California, Colorado, Florida, Georgia, , Illinois, Indiana, Kansas, Minnesota, Missouri, New Hampshire, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia and Wisconsin.
Newest Acquisitions
Greenville Hospital Systems
16 building portfolio from Greenville Hospital System based in Greenville, South Carolina.
Wisconsin Medical Office Building Portfolio 2
Healthcare Trust of America formerly Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of Wisconsin Medical Office Buildings Portfolio 2, which includes two medical office buildings located in the Greater Milwaukee area. The acquisition was completed on May 27, 2009.
More Acquisitions »
Overview
Seeking to Deliver Yield and Stable Long-Term Growth in Healthcare Real Estate through Self-Management
We are Healthcare Trust of America, Inc., a self-managed, existing, active and public, non-listed real estate investment trust, or REIT. We own a select real estate portfolio that is poised to benefit from fast-growing, non-discretionary consumer demand for healthcare. At March 31, 2009, we had raised over $1 billion in equity since our 2006 launch and had acquired 44 investments located in 19 states. Our strategy is to continue investing in a diversified portfolio of medical office buildings and healthcare-related facilities with the proceeds from our initial offering and subsequent follow-on offering. We seek to acquire attractive properties in desirable geographic markets with long-term, sustainable investment potential.
We previously announced our decision to transition to self-management. As a non-listed REIT, we believe we are unique in this respect. We did so because we believe this operating model offers our investors the opportunity for immediate creation of stockholder value through a substantially lower cost structure. Our seasoned management team has a proven track record of performance and established relationships with hospitals & other major healthcare entities. Leveraging this expertise in an environment without the conflicts associated with an external advisor, we believe this performance-driven model will enable us to achieve immediate cost savings, resulting in enhanced operating income that we can pass on to our stockholders.
We consider Healthcare Trust of America, Inc. an attractive investment for those
- Seeking Yield and Stable Long-term Growth
- Looking to invest in and receive regular, stable cash distributions
- Generated by rents collected from a diversified portfolio of medical office buildings and healthcare-related facilities*
- Who wish to participate in one of the fastest growing segments of the economy
- Wanting greater diversification within their portfolio:
- Investment in the real estate sector
- Potential tax advantages on a portion of distributions
- Seeking the benefits of a self-managed REIT
* We have paid, and in the future may pay distributions, or a portion thereof, using offering proceeds or borrowed funds. For example, for the six months ended June 30, 2009, we paid distributions of $32,251,000 ($16,469,000 in cash and $15,782,000 in shares of our common stock pursuant to the DRIP), as compared to cash flow from operations of $14,250,000. The distributions paid in excess of our cash flow from operations were paid using proceeds from our initial offering. In addition, distributions in excess of taxable income have resulted in a return of capital, which lowers a stockholder’s tax basis in our shares.
Risk Factors - Consider the following risks before making an investment in Healthcare Trust of America, Inc.: No public market exists for our common stock; there are significant limitations on the transferability and liquidity of our shares. | Current dislocations in the credit markets and real estate markets could negatively impact us | We have not identified a number of the properties or other real estate related assets we plan to acquire. | As a self-managed REIT, our success depends on the continued contributions of our management team. | We have a limited operating history. | Distributions we pay to our stockholders may include a return of capital. | We have paid distributions from offering proceeds or borrowed funds. | Failure to qualify as a REIT would adversely affect our operations and our ability to make distributions. | You should carefully consider the information set forth in the "Risk Factors" section of the prospectus.
THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN OFFERING IS MADE ONLY BY THE PROSPECTUS. THIS SALES AND ADVERTISING LITERATURE MUST BE READ IN CONJUNCTION WITH THE PROSPECTUS IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES. A COPY OF THE PROSPECTUS MUST BE MADE AVAILABLE TO YOU IN CONNECTION WITH THIS OFFERING. For more complete information about investing in shares being offered by Healthcare Trust of America, Inc. including charges and expenses, click here to access the prospectus. Read the prospectus carefully before you make an investment decision. An investment in Healthcare Trust of America, Inc. involves a high degree of risk and there is no assurance that the investment objectives of this program will be attained. The merits of this offering have not been endorsed by any securities regulatory agency. Any representation to the contrary is unlawful. Consult the prospectus for suitability standards in your state. Realty Capital Securities, LLC (member FINRA/SIPC), an affiliate of American Capital Realty, is the dealer-manager for the Healthcare Trust of America, Inc. offering.
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