HTA invests in medical office buildings that are core-critical, a key part of the integrated delivery of healthcare, and that continue to complement the company’s institutional asset management and leasing platform. To ensure these properties will increase in value over time, HTA focuses on properties that are on campuses of hospitals, in community-core locations, and on campuses of universities, leading academic medical centers and teaching hospitals.
The medical office sector continues to be an attractive investment opportunity and HTA remains focused on growing its portfolio in a disciplined manner that will increase value over the long-term. These newly acquired medical office buildings have (i) attractive healthcare and real estate demographics that are core-critical and in the best locations for healthcare delivery; (ii) a healthy mix of leading healthcare providers and specialties that complement each other; and (iii) strong demand that will bolster high occupancies, tenant retention and consistent cash flows.
HTA’s business strategy is defined by capitalizing on critical mass within key markets which allows the asset management and in-house leasing platform to drive earnings growth, uncover synergies and maximize expense efficiencies, and build lasting tenant relationships which leads to retention, rent growth and long-term value creation across the portfolio.
The strategic markets HTA invests in support a strong, long-term demand for quality medical office space. Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions which translates to superior demographics, high-quality graduates, intellectual talent and job growth.