SCOTTSDALE, Ariz., Jan. 16, 2020 /PRNewswire/ -- Healthcare
Trust of America, Inc. (NYSE: HTA or the "Company"), announced
today the release of its inaugural Sustainability Report. The
report outlines the Company's commitment and progress towards goals
related to environmental, social and governance ("ESG") matters.
Though it is the first report, HTA has been committed to its ethos,
Build Life Better, by making a difference in the domains of
Environment, Workplace, and Community from the start.
"I am proud to introduce our inaugural Sustainability Report,"
stated Founder, Chairman and CEO Scott D.
Peters. "The report demonstrates our commitment to
environmental, social and governance matters, by showing our
progress and by highlighting our commitment to continued growth in
these areas. You'll see us continue to leverage the national
platform we've worked hard to create, in order to achieve our aim
of bringing healthcare to the local level by supporting the
environment and the communities that our employees and tenants live
and work in."
The 2019 Sustainability Report, along with additional
information about the Company's ESG initiatives, is available
online at www.htareit.com.
About HTA
Healthcare Trust of America, Inc. (NYSE:
HTA) is the largest dedicated owner and operator of medical office
buildings in the United States,
comprising approximately 23.7 million square feet of GLA, with
$7.0 billion invested primarily in
medical office buildings as of September
30, 2019. HTA provides real estate infrastructure for
the integrated delivery of healthcare services in highly-desirable
locations. 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. The strategic markets HTA invests in support a strong,
long-term demand for quality medical office space. HTA
utilizes an integrated asset management platform consisting of
on-site leasing, property management, engineering and building
services, and development capabilities to create complete, state of
the art facilities in each market. 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. Headquartered in
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 has produced attractive returns for its stockholders that
have outperformed the S&P 500 and US REIT index. More
information about HTA can be found on the Company's Website
(www.htareit.com), Facebook, LinkedIn and Twitter.
Forward-Looking Language
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 and development 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 our senior management team and our ability to
attract and retain qualified key personnel;
- financial stability and solvency of HTA's tenants, including
the ability and willingness of HTA's tenants or borrowers to
satisfy their obligations under their respective contractual
arrangements with us;
- the ability and willingness of HTA's tenants to renew their
leases with us upon expiration of the leases or our ability to
reposition our properties on the same or better terms in the event
of nonrenewal or in the event we exercise our right to replace an
existing tenant;
- fluctuations in reimbursements from third party payors such as
Medicare and Medicaid;
- supply and demand for operating properties in the market areas
in which HTA operates;
- HTA's ability to acquire or develop real properties, and to
successfully operate those properties once acquired or
developed;
- changes in operating expenses of HTA's properties including,
but not limited to, expenditures for property taxes, property and
liability insurance premiums, and changes in utility rates;
- HTA's ability and the ability of our tenants to obtain and
maintain adequate property, liability and other insurance from
reputable, financially stable providers;
- restrictive covenants on certain of HTA's properties subject to
ground leases that may restrict or limit the uses of HTA's
properties and the types of tenants we are able to lease to, and
our resulting ability to attract new tenants;
- the impact from damage to HTA's properties from, or increased
operating costs associated with, catastrophic weather and other
natural events and the physical effects of climate change;
- legislative and regulatory changes, including changes to laws
governing the taxation of REITs and changes to laws governing the
healthcare industry;
- changes in interest rates, including changes as a result of the
potential phasing out of the London Inter-bank Offered Rate
("LIBOR");
- 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; 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.
Financial Contact:
Robert A. Milligan
Chief Financial Officer
Healthcare Trust of America, Inc.
480.998.3478
RobertMilligan@htareit.com
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SOURCE Healthcare Trust of America, Inc.