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Earnings Call Summary | Healthcare Trust Inc(HTIA.US) Q4 2023 Earnings Conference

Futu News ·  Apr 6 02:20  · Conference Call

The following is a summary of the Healthcare Trust, Inc. 7.375% CUM RED REP PFD STK SER A (HTIA) Q4 2023 Earnings Call Transcript:

Financial Performance:

  • Healthcare Trust's net operating income grew by over $10 million or 8.7% across their portfolio in 2023 compared to 2022, including a substantial increase in the Senior Housing segment.

  • Their total tenant revenue and net loss also showed significant improvements, with the acquisition of several medical office building properties adding to their portfolio's value.

  • The company's net leverage was at 43.7% as of the end of 2023.

Business Progress:

  • In 2023, the company signed multiple new leases and lease renewals, including a strong forward leasing pipeline set to increase occupancy in the coming year.

  • They plan to keep pursuing strategic acquisitions and dispositions while maintaining an active capital structure management strategy.

  • Their portfolio remains geographically diversified across 33 states and mostly composed of MOB assets.

More details: Healthcare Trust Inc IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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