secwatch.observer — SEC 8-K summary
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Issuer:     Healthcare Realty Trust Inc (HR)
CIK:        0001360604
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001360604-24-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Realty Q1 net loss $310.8M; announces $383M JV with KKR, share buyback
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- Q1 net loss $310.8M ($0.82/diluted); Normalized FFO $0.39 per share.
- Announced $383M JV with KKR at 6.6% cap rate; expects ~$300M proceeds from property contributions.
- Repurchased 3.0M shares for $41.7M in April; Board authorized up to $500M buyback.
- Same Store cash NOI up 3.0% YoY; tenant retention improved to 84.8% from 78.2%.
- Affirmed 2024 Normalized FFO guidance of $1.52-$1.58 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360604/000136060424000046/0001360604-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360604/000136060424000046/hr-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001360604-24-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer