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Healthcare Trust of America, Inc. (NYSE: HTA) is a leading Real Estate Investment Trust (REIT) specializing in acquiring, owning, and operating medical office buildings. Established in 2006, HTA has invested $3.6 billion in medical office buildings spanning 15.4 million square feet across 28 states. With a strong track record of generating shareholder returns, HTA focuses on key markets with robust healthcare infrastructure to meet long-term patient demand. The company's portfolio includes strategically located medical office buildings on health system campuses, in community-core areas, and near university medical centers, supporting the integrated delivery of healthcare services. HTA's commitment to excellence extends to its institutional asset management and leasing platform, ensuring the continued success and growth of its properties.

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Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) has completed its previously announced internalization of management, a strategic move expected to result in annual savings exceeding $25 million in G&A expenses. The company is rebranding to National Healthcare Properties, Inc. to better reflect its strategic vision in the healthcare real estate sector.

As part of this transformation, the company has executed a 4-for-1 reverse stock split to potentially enhance its stock's marketability and liquidity. The company has also engaged BMO Capital Markets Corp. as its financial advisor to assist in evaluating a potential public listing of its common stock shares.

Michael Anderson has been appointed to the board of directors and remains as CEO, while Scott Lappetito continues as CFO. The company believes these changes will position it for long-term growth and value creation for shareholders in the healthcare real estate sector.

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Healthcare Trust (HTIA) has announced its intention to continue paying quarterly dividends on its preferred stock. For the 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock, the dividend will be $0.4609375 per share, payable on October 15, 2024, to stockholders of record as of October 4, 2024. This represents an annualized rate of $1.84375 per share.

Similarly, for the 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock, the dividend will be $0.4453125 per share, also payable on October 15, 2024, to stockholders of record as of October 4, 2024. This represents an annualized rate of $1.78125 per share.

Both dividends are payable in arrears and will be paid on the 15th day of the first month of each fiscal quarter, or the next business day if the 15th is not a business day.

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Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) has announced a significant move towards self-management by entering into a definitive agreement to internalize management functions currently performed by external advisors. The transition is expected to close around September 27, 2024, subject to customary conditions.

CEO Michael Anderson expressed enthusiasm for this change, stating it would better position the company to execute its strategy and maximize shareholder value. This move is seen as a critical step towards growing shareholder value and potentially achieving a public listing for HTI's common stock. However, the company cautions that there's no guarantee of the internalization closing within the anticipated timeframe or of successfully listing its common stock on a national securities exchange.

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Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) has announced plans to internalize its management functions, transitioning from its external advisor, Healthcare Trust Advisors, This internalization is expected to close by Q4 2024, subject to definitive agreements. The company aims for a potential listing on a national securities exchange as early as 2025, depending on market conditions. Additionally, HTI intends to rebrand as National Healthcare Properties, Inc. CEO Michael Anderson highlights that these changes are aimed at accessing more capital and liquidity for shareholders.

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Healthcare Trust (Nasdaq: HTIA / HTIBP) announced it will continue paying quarterly dividends on its Series A and Series B Cumulative Redeemable Perpetual Preferred Stocks. The Series A Preferred Stock will have a quarterly dividend of $0.4609375 per share, amounting to an annualized rate of $1.84375 per share. These dividends will be payable on July 15, 2024, to shareholders of record as of July 5, 2024.

Similarly, the Series B Preferred Stock will have a quarterly dividend of $0.4453125 per share, amounting to an annualized rate of $1.78125 per share. These dividends will also be payable on July 15, 2024, to shareholders of record as of July 5, 2024.

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Healthcare Trust, Inc. (HTIA) announces the continuation of quarterly dividends on its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock. The Series A Preferred Stock will receive $0.4609375 per share quarterly, while the Series B Preferred Stock will receive $0.4453125 per share quarterly. Dividends are payable to stockholders of record on the 15th day of the first month of each fiscal quarter.
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Rhea-AI Summary
Healthcare Trust, Inc. (Nasdaq: HTIA / HTIBP) intends to continue paying dividends on its Series A and Series B Cumulative Redeemable Perpetual Preferred Stock at annualized rates of $1.84375 and $1.78125 per share, respectively. Dividends are payable quarterly and the board of directors declared a dividend of $0.4609375 per share for Series A and $0.4453125 per share for Series B, payable on January 16, 2024.
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FAQ

What is the current stock price of NATIONAL HEALTHCRE PPTY (HLTC)?

The current stock price of NATIONAL HEALTHCRE PPTY (HLTC) is $7.7 as of January 22, 2025.

What is the market cap of NATIONAL HEALTHCRE PPTY (HLTC)?

The market cap of NATIONAL HEALTHCRE PPTY (HLTC) is approximately 61.7M.

What is Healthcare Trust of America, Inc. (HTA) known for?

HTA is a Real Estate Investment Trust (REIT) specializing in acquiring, owning, and operating medical office buildings.

When was Healthcare Trust of America, Inc. (HTA) founded?

HTA was established in 2006.

How much has Healthcare Trust of America, Inc. (HTA) invested in medical office buildings?

HTA has invested $3.6 billion in medical office buildings.

In how many states does Healthcare Trust of America, Inc. (HTA) operate?

HTA operates across 28 states.

What markets does Healthcare Trust of America, Inc. (HTA) focus on?

HTA focuses on key markets with above-average growth and robust healthcare infrastructure.

Where are the medical office buildings of Healthcare Trust of America, Inc. (HTA) located?

HTA's properties are strategically situated on health system campuses, in community-core areas, and near university medical centers.

What sets Healthcare Trust of America, Inc. (HTA) apart in the industry?

HTA's commitment to excellence and strategic investments in core-critical medical office buildings differentiate it in the market.

What is Healthcare Trust of America, Inc.'s (HTA) approach to asset management?

HTA employs an institutional asset management and leasing platform to ensure the success and growth of its properties.

Which stock exchange is Healthcare Trust of America, Inc. (HTA) listed on?

HTA is listed on the New York Stock Exchange (NYSE).

What is Healthcare Trust of America, Inc.'s (HTA) core business strategy?

HTA's core business strategy revolves around acquiring and managing medical office buildings in key healthcare markets.

Is Healthcare Trust of America, Inc. (HTA) a publicly traded company?

Yes, HTA is a publicly traded company listed on the New York Stock Exchange (NYSE).
NATIONAL HEALTHCRE PPTY

Nasdaq:HLTC

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61.71M
28.18M
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United States of America
New York