secwatch.observer — SEC 8-K summary
======================================

Issuer:     Healthcare Realty Trust Inc (HR)
CIK:        0001360604
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001360604-26-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Healthcare Realty posts FY2025 normalized FFO $1.61, SS NOI growth 4.8%; guides 2026 NFFO $1.58-$1.64
--------------------------------------------------------------------------------

- Normalized FFO per share $1.61, up 3% YoY; same-store cash NOI growth 4.8% (vs 3.5%–4.5% guidance midpoint).
- Same-store occupancy 92.1%, up 103 bps; cash leasing spreads +3.1%; tenant retention 81.5% for FY2025.
- Completed ~$1.2B asset sales at 6.7% blended cap rate; net debt/EBITDA improved to 5.4x from 6.1x a year ago.
- 2026 guidance: normalized FFO $1.58–$1.64, same-store cash NOI growth 3.5%–4.5%.
- Repurchased $50M of shares in Jan 2026; $450M authorization remaining; quarterly dividend $0.24 (5.2% yield).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1360604/000136060426000028/0001360604-26-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1360604/000136060426000028/hr-20260227.htm
  HTML page:      https://secwatch.observer/filing/0001360604-26-000028

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