Overview

Healthcare Trust of America, Inc. is a self-managed, publicly registered, non-traded real estate investment trust. Since January 1, 2010, HTA has acquired approximately $270.8 million in medical office and healthcare-related assets. These assets include a total of 14 acquisitions representing approximately 1.2 million square feet. Since its formation in 2006, HTA has made 67 geographically diverse acquisitions valued at approximately $1.73 billion based on purchase price, which includes 202 buildings and two other real estate-related assets. HTA’s portfolio totals approximately 8.6 million square feet, and includes 184 medical office buildings, six hospitals, nine skilled nursing and assisted living facilities and four other office buildings located in 21 states. We are continuously seeking new opportunities to expand our portfolio in markets with strong demographic growth, where there is potential future job growth and locations associated with high-quality health care systems.

Our attractive medical office building provides a focused asset mix for investors. In general medical office buildings and are a less risky sector to invest due to the healthcare sector being a more defensive sector. According the Healthcare Real Estate Insights “Many industry professionals are predicting an uptick in medical office sales as the economy stabilizes and certain investors look for the safe sectors in which to place their money. These same professionals also foresee an increase – perhaps later in 2010 or beyond – in demand for outpatient development as hospitals regain their bearings and focus once again on their business strategies”. 1

HTA’s business model includes a compelling growth strategy by being patient and prudent, while still taking advantage of superior buying opportunities due to our strong balance sheet. Additionally, given the current situation with heath care reform, we see many investment opportunities as more and more people become insured, the need for medical office space will only increase. We believe HTA is well-positioned to take advantage of such market conditions and continue to seek out high quality, health care facilities, on or close to hospital campuses. Our current portfolio is strategically positioned in key metropolitan markets such as Atlanta, GA Phoenix, AZ Indianapolis, IN Greenville, SC and both Dallas and Houston, TX.

HTA’s strong sector fundamentals are driven by growing our portfolio in non-discretionary areas with high consumer demand and projected increases in annual growth. Our strategy is to continue investing in a diversified portfolio of medical office buildings and healthcare-related facilities with the proceeds from our initial offering and subsequent follow-on offering.

We have fully transitioned to self management, significantly reducing our cost structure. As a non-listed REIT, we believe we are unique in this respect. We did so because we believe this operating model offers our investors the opportunity for immediate creation of stockholder value through a substantially lower cost structure. Our seasoned management team has a proven track record of performance and established relationships with hospitals & other major healthcare entities. Leveraging this expertise in an environment without the conflicts associated with an external advisor, we believe this performance-driven model will enable us to achieve immediate cost savings, resulting in enhanced operating income that we can pass on to our stockholders.

We consider Healthcare Trust of America, Inc. an attractive investment for those

  • Seeking Yield and Stable Long-term Growth
  • Looking to invest in and receive regular, stable cash distributions
    • Generated by rents collected from a diversified portfolio of medical office buildings and healthcare-related facilities*
  • Who wish to participate in one of the fastest growing segments of the economy
  • Wanting greater diversification within their portfolio:
    • Investment in the real estate sector
    • Potential tax advantages on a portion of distributions
    • Seeking the benefits of a self-managed REIT


1 Mugford, John. “10 Brings Hope, Concern, MOB Sales will Rise, Industry Experts Agree.” Healthcare Real Estate Insights. December 2009; Vol. 7, No. 12. Publisher Wolf Marketing & Media.
* HTA has paid, and in the future may pay distributions, or a portion thereof, using offering proceeds or borrowed funds. For example, for the three months ended, March 31, 2010, we paid distributions of $25,360,000 ($12,838,000 in cash and $12,522,000 in shares of our common stock pursuant to the DRIP), as compared to cash flow from operations of $12,546,000. In addition, distributions in excess of taxable income have resulted in a return of capital, which lowers a stockholder’s tax basis in our shares.