other material
confidence high
sentiment neutral
materiality 0.55
Healthcare Realty Trust completes $338M Q4 asset sales; full-year dispositions total $656M
Healthcare Realty Trust Inc
- Q4 2023 asset sales of $338M; full-year additional dispositions of $656M at avg cap rate 6.6%.
- Total proceeds of $597M plus $59M seller financing; used for debt repayment and development commitments.
- No outstanding balance on revolving credit facility as of Dec 31, 2023.
- The $656M excludes $112.5M of Jan 2023 sales that repaid merger-related special dividend.