Health care-related real estate has been the choice pick for some commercial property investors, including publicly registered, non-traded REIT Healthcare Trust of America, Inc., which is focused on the asset type.
The REIT acquired $494 million of properties in 2009 and had acquired another $274 million thus far in 2010 when CEO, President and Chairman Scott D. Peters recently spoke to The Wall Street Transcript. “The last 18 months has been very productive for us, Peters said. “In trouble there is opportunity. In the past few years, during tough economic times, we were positioned to grow our portfolio. We have had opportunities…to find tremendous assets with great health care systems, and we have been fortunate to have a strong balance sheet and liquidity to be able to execute on these transactions.”
Find out more about Healthcare Trust of America’s recent acquisitions as well as a strategic review to explore options for maximizing shareholder value here.
