Healthcare Trust enters merger agreement to internalize management for $98.2 million

National Healthcare Properties, Inc.

Healthcare Trust (HTIA/HTIBP) signed a merger agreement with its advisor and parent to internalize management functions.
Total merger consideration of $98,244,000 plus asset management fee of $10,916,000 and property management fee of $3,920,000.
Closing expected on or about September 27, 2024, subject to customary conditions.
Independent board committee approved the Internalization Agreement on August 6, 2024.
Company plans to fund cash consideration via cash on hand and proceeds from strategic dispositions.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.