Posted: October 22, 2021, 4:40 p.m. CDT|Update: 3 hours ago
SCOTTSDALE, Arizona., 22 October 2021 / PRNewswire / – Healthcare Trust of America, Inc. (the “Company”) (NYSE: HTA), today announced that the Thursday, November 4, 2021, after market close, HTA will release its financial results for the three months ending September 30, 2021.
The Company plans to host a conference call and webcast on Friday, November 5, 2021 To 11:30 am Eastern Time review its financial performance and results of operations for the three months ending September 30, 2021.
Conference call and webcast:
Domestic: (844) 200-6205 / International: (929) 526-1599 / Canada: (833) 950-0062
Access code: 794041
Webcast: www.htareit.com under the Investor Relations tab
Domestic: (866) 813-9403 / International: +44 (204) 525-0658 / Canada: (226) 828-7578
Access code: 198951
Available November 5, 2021 (one hour after the end of the conference call) to November 28, 2021 To 11:30 am Eastern Time
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest owner and dedicated operator of medical office buildings in United States, with assets comprising approximately 25.3 million square feet of GLA, with $ 7.5 billion invested mainly in medical office buildings from June 30th, 2021. HTA provides real estate infrastructure for integrated health service delivery in high demand locations. Investments are targeted to build a critical mass in 20 to 25 key access markets which typically have leading academic and medical institutions, resulting in superior demographics, high quality graduates, intellectual talents and job growth. Strategic markets HTA invests to support a strong and long-term demand for quality medical spaces. HTA uses an integrated asset management platform comprising on-site rental, property management, engineering and construction services, as well as development capabilities to create comprehensive, state-of-the-art facilities on each market. We believe this results in efficiencies, strong tenant-healthcare system relationships and strategic partnerships that translate into high levels of tenant retention, rental growth and long-term value creation. . Based at Scottsdale, Arizona, HTA has developed a national brand with dedicated relationships at the local level.
Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA generated attractive returns for its shareholders who outperformed the US REIT index. More information about HTA can be found on the company’s website (www.htareit.com), Facebook, LinkedIn, Instagram and Twitter.
This press release contains certain forward-looking statements. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs regarding HTA, shareholder value and earnings growth.
The forward-looking statements included in this press release are subject to numerous risks and uncertainties which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments regarding, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to accurately predict and many of which are beyond HTA’s control. Although HTA believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, the actual results and performance of HTA could differ materially and adversely from those stated in the forward-looking statements. Factors that could have a material adverse effect on HTA’s operations and future prospects include, but are not limited to:
- the Company’s ability to effectively deploy the proceeds of securities offerings;
- changing economic conditions affecting the healthcare real estate sector, the commercial real estate market and the credit market;
- competition for the acquisition and development of medical office buildings and other facilities that serve the healthcare industry;
- the Company’s ability to acquire or develop real estate properties and to successfully operate such properties once acquired or developed;
- pandemics and other health problems, and measures to prevent their spread, including the ongoing COVID-19 pandemic;
- economic fluctuations in certain states in which the Company’s investments are geographically concentrated;
- the financial stability and creditworthiness of the Company’s tenants, including the ability and willingness of the Company’s tenants or borrowers to meet their obligations under their respective contractual agreements with the Company and the potential inability to the Company to assert its rights under its leases during the term of any pandemic;
- the ability and willingness of the tenants of the Company to renew their leases with the Company upon expiration of the leases or the ability of the Company to reposition its properties on identical or better terms in the event of non-renewal or in the event that the Company exercises its right to replace an existing tenant;
- fluctuations in reimbursements from third-party payers such as Medicare and Medicaid;
- the supply of and demand for operating properties in the market areas in which the Company operates;
- changes in operating expenses of the Company’s properties, including, but not limited to, expenses for property taxes, property and liability insurance premiums and utility rates;
- the Company’s ability and the ability of its tenants to obtain and maintain adequate property, liability and other insurance from reputable and financially stable suppliers;
- covenants on certain Company properties subject to land leases which may restrict or limit the use of its properties and the types of tenants to which the Company is able to lease, and the Company’s ability to attract new tenants ;
- the impact of damage to Company properties or increased operating costs associated with catastrophic weather conditions and other natural events and the physical effect of climate change;
- the retention of the Company’s management team and its ability to attract and retain qualified key personnel;
- legislative and regulatory changes, including changes to laws governing the taxation of real estate investment trusts (âREITsâ) and changes to laws governing the healthcare industry;
- changes in interest rates, including changes resulting from the phasing out of the current London Interbank Offered Rate (“LIBOR”) June 30, 2023;
- the availability of capital and financing;
- restrictive covenants in the Company’s credit facilities;
- changes in the Company’s credit ratings;
- the ability of HTA to remain qualified as a REIT;
- changes in generally accepted accounting principles in United States of America, policies and guidelines applicable to REITs; and
- the risk factors set out in HTA’s most recent annual report on Form 10-K and in HTA’s most recent quarterly reports on Form 10-Q.
Forward-looking statements speak only as of the date they are posted. Except as otherwise provided by federal securities laws, HTA makes no commitment to update any forward-looking statements to reflect events or circumstances occurring after the date on which they are made. Due to these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included in this press release or that may be made elsewhere from time to time by, or on behalf of, HTA.
Healthcare Trust of America, Inc.
View original content to download multimedia:
SOURCE Healthcare Trust of America, Inc.
The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.