SCOTTSDALE, Ariz., Feb. 6, 2018 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today that on Thursday, February 15, 2018, after the market closes, HTA will report its 2017 financial results for the fourth quarter and year ended, December 31, 2017.
The Company plans to host a conference call and webcast on Friday, February 16, 2018 at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time) to review its financial performance and operating results for the fourth quarter and year ended, December 31, 2017.
Conference Call and Webcast:
Domestic: (877) 507-6265 / International: (412) 902-6633 / Canada: (855) 669-9657
under the Investor Relations tab
Domestic: (877) 344-7529 / International: (412) 317-0088 / Canada: (855) 669-9658
Conference ID: 10116957
Available February 16, 2018 (one hour after the end of the conference call) to March 16, 2018 at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time)
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings ('MOBs') in the United States based on gross leasable area ('GLA'). We provide the real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Over the last decade, we have invested $7.0 billion primarily in MOBs and other healthcare assets comprising 24.2 million square feet of GLA. Our investments are targeted in 20 to 25 key markets that we believe have superior healthcare demographics that support strong, long-term demand for medical office space. We have achieved, and continue to achieve, critical mass within these key markets by expanding our presence through accretive acquisitions, and utilizing our in-house operating expertise through our regionally located property management and leasing platform. Headquartered in Scottsdale, Arizona and directed from our full-time service offices, HTA has developed a national brand with dedicated relationships at the local level. We have achieved scale in 16 markets with greater than 500,000 square feet and 9 markets with approximately 1 million square feet; in each market we service our healthcare providers through our institutional full-service operational platform including property management, leasing and development services. This drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth, and long-term value creation across the portfolio.
Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that we believe have significantly outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company's website at www.htareit.com
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 about HTA, stockholder value and earnings growth.
The forward-looking statements included in this press release are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond HTA's control. Although HTA believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, HTA's actual results and performance could differ materially and in adverse ways from those set forth in the forward-looking statements. Factors which could have a material adverse effect on HTA's operations and future prospects include, but are not limited to:
changes in economic conditions affecting the healthcare property sector, the commercial real estate market and the credit market;
competition for acquisition of medical office buildings and other facilities that serve the healthcare industry;
economic fluctuations in certain states in which HTA's property investments are geographically concentrated;
retention of HTA's senior management team;
financial stability and solvency of HTA's tenants;
supply and demand for operating properties in the market areas in which HTA operates;
HTA's ability to acquire real properties, and to successfully operate those properties once acquired;
changes in property taxes;
legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry;
fluctuations in reimbursements from third party payors such as Medicare and Medicaid;
changes in interest rates;
the availability of capital and financing;
restrictive covenants in HTA's credit facilities;
changes in HTA's credit ratings;
HTA's ability to remain qualified as a REIT;
changes in accounting principles generally accepted in the United States of America, policies and guidelines applicable to REITs;
delays in liquidating defaulted mortgage loan investments; and
the risk factors set forth 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 made. Except as otherwise required by the federal securities laws, HTA undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by, or on behalf of, HTA.
Chief Financial Officer
Healthcare Trust of America, Inc.
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SOURCE Healthcare Trust of America, Inc.