Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. Announces Intention to List on the NYSE

gate6 — Thu, 17 May 2012 22:21:19 +0000

Scottsdale, Arizona (May 17, 2012) – Healthcare Trust of America, Inc. (“HTA”) announced today its intention to list its Class A common stock on the New York Stock Exchange (the “NYSE”) under the symbol “HTA”. The Class A common stock will be issued to all holders of HTA common stock upon conversion of HTA’s common stock into Class A, Class B-1, Class B-2 and Class B-3 shares in connection with a listing on a national securities exchange. HTA anticipates that its Class A common stock will be listed on NYSE on or about June 6, 2012. The completion of the listing is subject to certain conditions.

Listing

HTA’s board of directors has determined that the listing is in the best interest of the Company and its stockholders. Since becoming self-managed in January 2009, HTA has built a high quality medical office building portfolio, created a full-service operating platform capable of growing and managing its enterprise, and developed an investment grade balance sheet with low leverage and ample liquidity. HTA believes that the listing will enable HTA to continue the execution of its strategic plan, increase stockholder value, enhance the Company’s enterprise value, and provide access to more efficient, lower cost capital. HTA is listing at a time when publicly traded healthcare-focused REITs are trading at premiums to consensus net asset values, which HTA believes could unlock value for stockholders. HTA believes that the listing will also enhance its ability to continue to expand its enterprise capabilities. In addition, HTA believes the liquidity provided by trading on the NYSE will allow HTA to lower its overall cost of capital and gain access to previously untapped institutional investors.

The listing is intended to provide staged, phased-in liquidity to current stockholders beginning approximately 16 months before the September 2013 date as contemplated in the prospectus for HTA’s initial public offering filed on September 20, 2006.

Distributions

Upon a successful listing, the board of directors has determined that it is in the best interest of HTA’s stockholders to modify the payment of monthly distributions to an annualized rate of $0.575 per share beginning June 1, 2012. HTA anticipates that the June 2012 distribution will be paid by July 2, 2012 to stockholders of record on June 29, 2012 and will be paid on a quarterly basis thereafter. HTA believes this rate is competitive with HTA’s publicly traded company peers, and it will also increase HTA’s ability to reinvest in its business and grow its dividend year over year, thereby positioning HTA to maximize total stockholder value.

Director Stock Ownership Policy

The board of directors also determined that it would be appropriate to adopt a policy that each member of the board is expected to acquire at least 25,000 shares of HTA’s common stock no later than May 16, 2014. Shares acquired by any director as compensation for his or her services on the board will be excluded for purposes of this policy.

About Healthcare Trust of America

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of properties that totals approximately $2.5 billion based on purchase price and is comprised of approximately 12.4 million square feet of gross leasable area. As of March 31, 2012, HTA’s portfolio consisted of 245 medical office buildings and 19 other facilities that serve the healthcare industry, as well as two portfolios of mortgage loans receivable secured by medical office buildings located in 26 states.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements. These include statements regarding the listing of HTA’s Class A common stock on the NYSE and the declaration in payment of future distributions to its stockholders. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about HTA, the real estate industry and the debt and equity capital markets. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Forward-looking statements include information concerning possible or assumed future results of operations of HTA. The forward-looking statements included in this press release are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond HTA’s control. Although HTA believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, HTA’s actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on HTA’s operations and future prospects include, but are not limited to:

changes in economic conditions affecting the healthcare property sector, the commercial real estate market and the credit market;
competition for acquisition of medical office buildings and other facilities that serve the healthcare industry;
economic fluctuations in certain states in which HTA’s property investments are geographically concentrated;
retention of HTA’s senior management team;
financial stability and solvency of HTA’s tenants;
supply and demand for operating properties in the market areas in which HTA operates;
HTA’s ability to acquire real properties, and to successfully operate those properties once acquired;
changes in property taxes;
legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry;
fluctuations in reimbursements from third party payors such as Medicare and Medicaid;
delays in liquidating defaulted mortgage loan investments;
changes in interest rates;
the availability of capital and financing;
restrictive covenants in HTA’s credit facilities;
changes in HTA’s credit ratings;
HTA’s ability to remain qualified as a REIT;
the failure to list on the NYSE as contemplated; and
the risk factors set forth in HTA’s 2011 Annual Report on Form 10-K for the year ended December 31, 2011 and its quarterly report in Form 10-Q for the quarter ended March 31, 2012.

Forward-looking statements speak only as of the date made. Except as otherwise required by the federal securities laws, HTA undertakes no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by, or on behalf of HTA.

Healthcare Trust of America, Inc. Announces Intention to Launch Tender Offer to Repurchase up to $150 million of Common Stock

gate6 — Thu, 17 May 2012 22:16:26 +0000

Scottsdale, Arizona (May 17, 2012)– Healthcare Trust of America, Inc. (“HTA”) announced today that it intends to commence a modified “Dutch Auction” tender offer (subject to all appropriate filings with the Securities and Exchange Commission (“SEC”)) to purchase up to $150 million of its shares of Class A common stock (the “Shares”) from its stockholders. The Class A common stock is issuable upon conversion of HTA’s common stock into Class A, Class B-1, Class B-2 and Class B-3 shares in connection with a listing on a national securities exchange. Under the terms of the proposed tender offer, HTA expects to select the lowest price, not greater than $10.50 nor less than $10.10 per Share, net to the tendering stockholder in cash, less any applicable withholding taxes and without interest, that will allow HTA to purchase up to $150.0 million of its Shares, or a lower amount depending upon the number of Shares properly tendered and not withdrawn. HTA intends to fund the tender offer with cash on hand and funds available under HTA’s unsecured revolving credit and term loan facility. HTA expects to commence the proposed tender offer on or about June 6, 2012 in conjunction with a listing on the NYSE.

HTA has determined to commence the tender offer in order to provide liquidity to stockholders by permitting stockholders the opportunity to tender the Shares for cash in accordance with the terms of the offer to purchase to be filed with the SEC.

None of HTA, its board of directors, the information agent, or any of their respective affiliates, will make any recommendations to stockholders as to whether to tender or refrain from tendering their Shares in the tender offer. Stockholders must decide how many Shares they will tender, if any.

Important Notice

This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any securities of HTA. The full details of the modified “Dutch Auction” tender offer, including complete instructions on how to tender Shares, will be included in the offer to purchase, the letter of transmittal and other related materials, which HTA will distribute to stockholders upon commencement of the tender offer, and file such materials with the SEC. Stockholders are urged to read carefully the offer to purchase, the letter of transmittal and other related materials when they became available because they contain important information, including the terms and conditions of the tender offer. Stockholders may obtain free copies of the offer to purchase, the letter of transmittal and other related materials after they are filed by HTA with the SEC at the SEC’s website at www.sec.gov.

About Healthcare Trust of America, Inc.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements. These include statements regarding HTA’s proposed tender offer for shares of Class A common stock, the funding of the tender offer and the listing of its securities on a national securities exchange. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about HTA, the real estate industry and the debt and equity capital markets. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Forward-looking statements include information concerning possible or assumed future results of operations of HTA. The forward-looking statements included in this press release are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, including, without limitation, the filing with the SEC of all appropriate tender offer materials. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond HTA’s control. Although HTA believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, HTA’s actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on HTA’s operations and future prospects include, but are not limited to:

changes in economic conditions affecting the healthcare property sector, the commercial real estate market and the credit market;
competition for acquisition of medical office buildings and other facilities that serve the healthcare industry;
economic fluctuations in certain states in which HTA’s property investments are geographically concentrated;
retention of HTA’s senior management team;
financial stability and solvency of HTA’s tenants;
supply and demand for operating properties in the market areas in which HTA operates;
HTA’s ability to acquire real properties, and to successfully operate those properties once acquired;
changes in property taxes;
legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry;
fluctuations in reimbursements from third party payors such as Medicare and Medicaid;
delays in liquidating defaulted mortgage loan investments;
changes in interest rates;
the availability of capital and financing;
restrictive covenants in HTA’s credit facilities;
changes in HTA’s credit ratings;
HTA’s ability to remain qualified as a REIT;
the failure to commence and complete the contemplated tender offer; and
the risk factors set forth in HTA’s 2011 Annual Report on Form 10-K for the year ended December 31, 2011 and its quarterly report in Form 10-Q for the quarter ended March 31, 2012.

Healthcare Trust of America, Inc. Reports First Quarter 2012 Results

gate6 — Tue, 15 May 2012 18:36:22 +0000

Scottsdale, Arizona (May 15, 2012) – Healthcare Trust of America, Inc. (“HTA”) announced results for the three months ended March 31, 2012.

First Quarter 2012 Highlights
Measured Growth in Normalized FFO: Normalized funds from operations, or Normalized FFO, increased $1.8 million, or 6.2%, to $29.9 million, or $0.13 per share, as compared to 2011.
Increasing NOI: Net operating income, or NOI, excluding the impact of lease termination revenue, increased by 6.1%, or $2.8 million, to $48.5 million as compared to 2011.
Reduced Rental Expenses: Rental expenses as a percentage of rental income decreased to 32.5% as compared to 34.5% in 2011.
Focused Acquisitions: We invested in four portfolios, which included 16 high quality medical office buildings located on campuses or aligned with three regionally recognized healthcare systems, 13 of which were included in one transaction discussed below. These healthcare systems are the dominant healthcare systems in these markets and these markets complement our existing portfolio. The aggregate purchase price of these investments for the quarter was $214.2 million and included approximately 1.2 million square feet of GLA with a weighted average occupancy of 99.5%. These investments increased our total portfolio value, based on purchase price, to $2.5 billion and our total portfolio GLA to approximately 12.4 million square feet. As of March 31, 2012, approximately 96% of our portfolio, based on GLA, was located on or adjacent to, or anchored by the campuses of nationally and regionally recognized healthcare systems. Highlights of our investments for the quarter included the following:
- St. John Providence MOB – An approximately 203,000 square foot on-campus medical office building located in Novi, Michigan, was acquired for $51.3 million. The St. John Providence MOB, which was 99% leased as of the date of acquisition, is connected directly to the Providence Park Hospital via an enclosed walkway. Providence Park Hospital is part of Ascension Health Systems (Moody’s Investors Services rated Aa1)
- Penn Avenue Place – Penn Avenue Place was acquired for $54.0 million and is an eight story, approximately 558,000 square foot, Class A office building located in Pittsburgh, Pennsylvania. The building was approximately 99.6% occupied as of the date of acquisition and is anchored by Highmark, Inc. (Standard & Poor’s Rating Service rated A). Highmark, Inc., which leases and occupies 92.4% of the building, is one of the largest Blue Cross affiliates in the nation.
- Steward Portfolio – Located in Boston, Massachusetts, the Steward Portfolio was acquired for a purchase price of $100.0 million. This portfolio consists of 13 medical office buildings located on the campuses of the Steward Care network. Steward Health Care System LLC master leased 100% of the GLA, on a triple net basis through 2024. The buildings total approximately 372,000 square feet. Steward Health Care System is the largest fully integrated community care organization in New England and is the third largest employer in Massachusetts.
- Camp Creek MOB – An additional medical office building in our existing portfolio on the Camp Creek campus in Atlanta, Georgia, was acquired for $8.9 million. This building is approximately 30,000 square feet of GLA and is our third building in our Camp Creek portfolio, the original portion of which was acquired in the second quarter of 2010.
Pro Forma Results: If the above acquisitions were completed on the first day of the quarter, NOI would have been $51.5 million and normalized FFO would have been $31.9 million or $0.14 per share.
Credit Rated Tenants: The acquisitions made during the quarter increased our investment grade rated tenants as a percent of annualized base rent to 39% as of March 31, 2012. This adds further strength to the 56% of our annualized base rent derived from tenants that have (or whose parent companies have) a credit rating from a nationally recognized rating agency.
Flexible Balance Sheet: We had total assets of $2.5 billion, cash and cash equivalents of $35.1 million, and a leverage ratio of indebtedness to undepreciated assets of 30.4%. As of March 31, 2012, we had ample liquidity with $675.0 million available on our new credit facility discussed below.
New Unsecured Credit Facility: We entered into a new unsecured credit facility during the quarter. The new facility replaced our previous credit facility that was to mature in May 2014 and decreased our funded borrowing costs by 60 basis points. The new credit facility includes an unsecured revolving credit facility of $575.0 million and an unsecured term loan of $300.0 million that expires in 2016 with a one year extension option. As of March 31, 2012, our $575.0 million credit facility was undrawn and we had $100.0 million available on our $300.0 million term loan.
Strong Occupancy & Tenant Retention: The occupancy rate of our portfolio remains stable at approximately 91% and our tenant retention for the quarter was over 90%.
In-House Property Management Platform: During the quarter we transitioned our South Carolina property portfolios and a significant portion of our Phoenix area portfolios from third party property management companies to our in-house property management platform. We expect to have 58% of our current GLA managed internally by year end.

Funds from Operations and Normalized Funds from Operations
HTA defines FFO, a non-GAAP measure, as net income or loss computed in accordance with GAAP, excluding gains or losses from sales of property and impairment write downs of depreciable assets, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. HTA uses normalized funds from operations, or normalized FFO, which excludes from FFO transition charges, acquisition-related expenses, net change in fair value of derivative financial instruments, lease termination fee revenue, escrow settlement revenue, and the write-off of unamortized deferred financing costs or prepayment penalties, to further evaluate how its portfolio might perform after its acquisition stage is complete and the sustainability of its distributions in the future.

FFO or normalized FFO should not be considered as an alternative to net income or to cash flows from operating activities and are not intended to be used as a liquidity measure indicative of cash flow available to fund HTA’s cash needs, including its ability to make distributions. FFO and normalized FFO should be reviewed in connection with other GAAP measurements. For more information on FFO and normalized FFO, please see HTA’s Form 10-Q for the three months ended March 31, 2012 as filed with the Securities and Exchange Commission.

The following is the reconciliation of FFO and normalized FFO to net (loss) income for the three months ended March 31, 2012 and 2011:

	Three Months Ended March 31,
	2012	2011
Net income	$ (307,000)	$ 2,190,000
Depreciation and amortization — consolidated properties	27,357,000	26,750,000
FFO	$ 27,050,000	$ 28,940,000
FFO per share basic and diluted	$ 0.12	$ 0.13
Acquisition-related expenses	2,321,000	1,062,000
Net change in fair value of derivative financial instruments	508,000	(504,000)
Escrow settlement revenue	(350,000)	—
Acceleration of deferred financing costs associated with our former credit facility:	415,000	—
Lease termination fee revenue	—	$ (1,307,000)
Normalized FFO	$ 29,944,000	$ 28,191,000
Normalized FFO per share basic and diluted	$ 0.13	$ 0.13
Weighted average common shares outstanding:
Basic	228,881,454	214,797,450
Diluted	229,606,840	214,996,502

Net Operating Income

NOI is a non-GAAP financial measure that is defined as net income (loss), computed in accordance with GAAP, generated from HTA’s total portfolio of properties before interest expense, general and administrative expenses, depreciation, amortization, acquisition-related expenses, and interest and dividend income. HTA believes that NOI provides an accurate measure of the operating performance of its operating assets because NOI excludes certain items that are not associated with management of the properties. Additionally, HTA believes that NOI is a widely accepted measure of comparative operating performance in the real estate community. However, HTA’s use of the term NOI may not be comparable to that of other real estate companies as they may have different methodologies for computing this amount.

The following is the reconciliation of net (loss) income to NOI for the three months ended March 31, 2012 and 2011:

	Three Months Ended March 31,
	2012	2011
Net income (loss)	$ (307,000)	$ 2,190,000
Add:
General and administrative expense	8,150,000	7,308,000
Acquisition-related expenses	2,321,000	1,062,000
Depreciation and amortization	27,357,000	26,750,000
Interest expense and change in the fair value of derivative financial instruments	11,033,000	9,842,000
Less:
Interest and dividend income	27,000	118,000
Net operating income	$ 48,527,000	$ 47,034,000

Note that all figures are rounded to reflect approximate amounts. For more information on financial results, please see HTA’s Form 10-Q for the three months ended March 31, 2012 as filed with the Securities and Exchange Commission.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. is a fully integrated, self-administered, and internally managed real estate investment trust. We invest primarily in high-quality medical office buildings in our target markets. We have acquired high-quality medical office buildings and other facilities that serve the healthcare industry with an aggregate purchase price of approximately $2.5 billion through March 31, 2012. As of March 31, 2012, our portfolio consisted of 245 medical office buildings and 19 other facilities that serve the healthcare industry, as well as two portfolios of mortgage loans receivable secured by medical office buildings. Our portfolio is comprised of approximately 12.4 million square feet of GLA, with an occupancy of approximately 91%, including leases we have executed, but which have not yet commenced. Approximately 96% of our portfolio, based on GLA, is located on or aligned with campuses of nationally or regionally recognized healthcare systems. Our portfolio is diversified geographically across 26 states, with no state having more than 11.0% of the total portfolio GLA as of March 31, 2012.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: changes in economic conditions generally and the real estate market specifically; legislative and regulatory changes, including changes to laws governing the taxation of REITS and changes to laws governing the healthcare industry; the assessment of strategic success of our alternatives, including potential liquidity alternatives; the availability of capital; changes in interest rates; competition in the real estate industry; the supply and demand for operating properties in our proposed market areas; changes in accounting principles generally accepted in the United States of America; policies and guidelines applicable to REITs; the availability of properties to acquire; and the availability of financing. Additional information concerning us and our business including additional factors that could materially affect our financial results including, but not limited to, the risks described under Part I, Item 1A, Risk Factors, included in our annual report on Form 10-K and in our other filings with the SEC.

Healthcare Trust of America, Inc
CONDENSED CONSOLIDATED BALANCE SHEETS
As of March 31, 2012 and December 31, 2011
(Unaudited)

	March 31, 2012	December 31, 2011
ASSETS
Real estate investments, net	$ 1,973,458,000	$ 1,806,471,000
Real estate notes receivable, net	57,431,000	57,459,000
Cash and cash equivalents	35,120,000	69,491,000
Accounts and other receivables, net	12,388,000	12,658,000
Restricted cash and escrow deposits	17,927,000	16,718,000
Identified intangible assets, net	296,731,000	272,390,000
Other assets, net	64,541,000	56,442,000
Total assets	$ 2,457,596,000	$ 2,291,629,000

LIABILITIES AND EQUITY
Liabilities:
Mortgage and secured real estate term loans payable, net	$ 636,466,000	$ 639,149,000
Term loan	200,000,000	—
Accounts payable and accrued liabilities	43,244,000	47,801,000
Derivative financial instruments—interest rate swaps	2,270,000	1,792,000
Security deposits, prepaid rent and other liabilities	23,270,000	19,930,000
Identified intangible liabilities, net	12,899,000	11,832,000
Total liabilities	918,149,000	720,504,000

Commitments and contingencies
Redeemable noncontrolling interest of limited partners	3,690,000	3,785,000
Stockholders’ Equity:
Preferred stock, $0.01 par value; 200,000,000 shares authorized; none issued and outstanding	—	—
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 229,514,049 and 228,491,312 shares issued and outstanding as of March 31, 2012 and December 31, 2011, respectively	2,295,000	2,284,000
Additional paid-in capital	2,042,528,000	2,032,305,000
Accumulated deficit	(509,066,000)	(467,249,000)
Total stockholders’ equity	1,535,757,000	1,567,340,000
Total liabilities and equity	$ 2,457,596,000	$ 2,291,629,000

Healthcare Trust of America, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
For the Three Months Ended March 31, 2012 and 2011
(Unaudited)

	Three Months Ended March 31,
	2012	2011
Revenues:
Rental income	$ 69,935,000	$ 69,243,000
Interest income from mortgage notes receivable and other income	1,308,000	1,649,000
Total revenues	71,243,000	70,892,000
Expenses:
Rental expenses	22,716,000	23,858,000
General and administrative expenses	8,150,000	7,308,000
Acquisition-related expenses	2,321,000	1,062,000
Depreciation and amortization	27,357,000	26,750,000
Total expenses	60,544,000	58,978,000
Income before other income (expense)	10,699,000	11,914,000
Other income (expense):
Interest expense (including amortization of deferred financing costs and debt premium/discount):
Interest expense related to mortgage loan payables and credit facility	(10,233,000)	(9,986,000)
Interest expense related to derivative financial instruments and net change in fair value of derivative financial instruments	(800,000)	144,000
Interest and dividend income	27,000	118,000
Net (loss) income	$ (307,000)	$ 2,190,000
Less: net income attributable to noncontrolling interest of limited partners	(8,000)	(40,000)
Net (loss) income attributable to controlling interest	$ (315,000)	$ 2,150,000
Net (loss) income per share attributable to controlling interest on distributed and undistributed earnings — basic and diluted	$ 0.00	$ 0.01
Weighted average number of shares outstanding —
Basic	228,881,454	214,797,450
Diluted	228,881,454	214,996,502

Healthcare Trust of America, Inc. Announces the Closing of a Medical Office Building Portfolio in the Greater Boston Metropolitan Area

lauren — Fri, 30 Mar 2012 15:42:17 +0000

Scottsdale, Arizona (March 30, 2012) – Healthcare Trust of America, Inc. (“HTA”), a fully integrated, self-administered, self-managed real estate investment trust, is proud to announce the acquisition of the Steward Portfolio, a 13 building medical office portfolio, for approximately $100 million. Including the acquisition of the Steward Portfolio, HTA has acquired approximately $214 million of high quality medical office buildings, based on purchase price, since January.

The Portfolio is 100% master leased on a triple net basis by Steward Health Care System LLC until 2024 and totals approximately 371,551 square feet. The Portfolio is comprised of 13 medical office buildings located on the campuses of the Steward Health Care network. The Steward Portfolio is strategically located in established, high-barrier-to-entry neighborhoods adjacent to hospitals and within close proximity to complementary practices in the greater Boston metropolitan area. The acquisition of this Massachusetts medical office building portfolio will allow HTA to become invested in one of the most significant markets in the United States.

Steward Health Care System LLC (“Steward”) is the largest fully integrated community care organization in New England. Headquartered in Boston, Steward is the third largest employer in Massachusetts with more than 17,000 employees serving more than one million patients annually in 85 communities.

“The Steward Portfolio acquisition continues our investment strategy of acquiring quality on campus medical office buildings with strong health care systems in a strategic market”, stated Mark D. Engstrom, Executive Vice President of Acquisitions for HTA. “HTA is proud to continue working with one of the largest emerging integrated community-based healthcare systems in the Northeast.”

About Healthcare Trust of America

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of acquisitions that totals approximately $2.5 billion based on purchase price and is comprised of approximately 12.4 million square feet of GLA. HTA’s portfolio includes 245 medical office buildings, ten hospitals and nine skilled nursing and assisted living facilities located in 26 states.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: the strength and financial condition of the building; the strength and financial condition of the tenants; uncertainties relating to the local economies where HTA owns assets; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America, Inc. Announces the Closing of $875 million Unsecured Credit Facility

lauren — Fri, 30 Mar 2012 00:28:43 +0000

Scottsdale, Arizona (March 30, 2012) – Healthcare Trust of America, Inc. (“HTA”), a fully integrated, self-administered, self-managed real estate investment trust, is pleased to announce the closing of a new $875 million unsecured, 4 year credit facility (the “Credit Facility”). The Credit Facility consists of a $575 million revolving credit facility (the “Revolver”) and a $300 million term loan (the “Term Loan”). Proceeds will be used to fund acquisitions, the repayment of existing secured indebtedness, and for other corporate purposes.

The Credit Facility will mature in March 2016 and can be extended for one 12 month period under certain conditions. The Term Loan will be initially priced at LIBOR plus 185 bps. Based on HTA’s current investment grade ratings, the Revolver will be initially priced at LIBOR plus 190 bps, inclusive of a 35 bps facility fee. The Credit Facility will replace HTA’s existing $575 million credit facility maturing May 2014 and reduced HTA’s funded interest cost by 60 bps.

J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, and Deutsche Bank Securities Inc. served as Joint Lead Arrangers with JP Morgan Chase Bank, N.A. serving as the Administrative Agent. U.S. Bank National Association, Fifth Third Bank, Capital One, N.A., Regions Bank, and Compass Bank were documentation agents. The Bank of Nova Scotia, Sumitomo Mitsui Banking Corporation, PNC Bank, National Association, City National Bank, and First Commercial Bank, New York Branch served as managing agents.

“The new and expanded Credit Facility is a reflection of our high-quality Medical Office Building portfolio and our commitment to maintaining a flexible balance sheet. The expanded facility size, at significantly lower pricing and extended maturity further enhances our capacity for growth,” stated Kellie S. Pruitt, Chief Financial Officer at HTA. “We are proud to have expanded our relationship with these quality financial institutions.”

About Healthcare Trust of America

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of acquisitions that totals approximately $2.5 billion based on purchase price and is comprised of approximately 12.4 million square feet of GLA. HTA’s portfolio includes 245 medical office buildings, ten hospitals and nine skilled nursing and assisted living facilities located in 26 states.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: the strength and financial condition of the building; the strength and financial condition of the tenants; uncertainties relating to the local economies where HTA owns assets; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America, Inc. Reports Fourth Quarter and Year End 2011 Results

lauren — Thu, 29 Mar 2012 22:19:19 +0000

Scottsdale, Arizona (March 26, 2012) – Healthcare Trust of America, Inc. (”HTA” or the “Company”) announced results for the fourth quarter and year ended December 31, 2011.

HTA’s financial results for the fourth quarter and year ended December 31, 2011 exhibit a balance sheet with low leverage and continually improving operating fundamentals provided by HTA’s high quality medical office building (”MOB”) portfolio. In February 2011, HTA completed its follow-on equity offering after raising $216 million in offering proceeds during the first two months of the year. Since inception, HTA has raised over $2.2 billion in equity capital including shares issued under the distribution reinvestment plan (”DRIP”). As of December 31, 2011, HTA had cash on hand of $69.5 million, an unused $575 million unsecured credit facility and a low leverage ratio of mortgage and secured loans payable to total assets of 27.9%.

In May 2011, HTA increased its unsecured revolving credit facility to $575 million from $275 million and extended its maturity date from November 2013 to May 2014. In July 2011, HTA received investment grade credit ratings from two nationally recognized rating agencies. As of December 31, 2011, approximately 57% of HTA’s annualized base rent was derived from credit-rated quality tenants, with 38% having an investment grade credit rating as determined by a nationally recognized rating agency.

For the year ended December 31, 2011, HTA’s funds from operations, or FFO, increased by 60.2% to $113.1 million from $70.6 million for the year ended December 31, 2010. HTA’s normalized funds from operations, or normalized FFO, increased by 36.1% to $114.7 million for 2011 from $83.4 million for the previous year. Normalized FFO excludes from FFO acquisition-related expenses, transition-related charges, lease termination fee revenue and non-cash fair value adjustments for derivative financial instruments. Net income increased to $5.6 million for the year ended 2011 compared to a net loss of $7.9 million for the year ended 2010. Net operating income, or NOI, increased 35.1% from $137.4 million for the previous year to $185.7 million for 2011. Set forth below is a reconciliation of FFO, normalized FFO, and NOI, non-GAAP measures, to net income (loss).

For the fourth quarter of 2011, HTA’s FFO increased by 103.8% to $28.7 million from $14.1 million for the fourth quarter of 2010. This also reflects a 4.1% increase in FFO compared to the third quarter of 2011. Normalized FFO increased 17.6% for the fourth quarter of 2011 to $28.7 million from $24.4 million for the fourth quarter 2010. Net income increased to $2.0 million in the fourth quarter of 2011 compared to a net loss of $8.7 million in the fourth quarter of 2010. NOI increased 14.7% from $39.4 million for the fourth quarter of 2010 to $45.2 million for the fourth quarter 2011.

HTA’s asset management team has continued to maintain a portfolio occupancy of 91%. During 2011, HTA expanded its geographic reach and increased access to its tenants by opening regional offices in Indianapolis, Indiana and Charleston, South Carolina. HTA also transitioned a significant portion of its property portfolios to a regionally-focused property management platform. At the end of 2011, 34% of HTA’s overall portfolio is managed by HTA-dedicated property management personnel. HTA is working to expand its property management platform in Arizona as well as several east coast markets.

During the year ended 2011, HTA completed two new portfolio acquisitions and expanded two of its existing portfolios. In aggregate, these acquisitions included six medical office buildings with a total purchase price of $68.3 million and included 306,000 square feet of gross leasable area, or GLA. Of this total amount, a $32.0 million Class A MOB portfolio located in Phoenix, AZ was purchased during the fourth quarter of 2011. The Company continues to focus on markets that it believes have strong growth opportunities including Phoenix, Pittsburgh, Atlanta, Indianapolis, Dallas, Houston and Albany.

To date in 2012, HTA has completed $114.2 million in new medical office acquisitions which includes 652,000 square feet of GLA and extends its geographic presence into Michigan. As of the date of this filing, HTA has a portfolio of acquisitions that totals $2.4 billion based on purchase price with 12.0 million square feet of GLA.

Funds from Operations and Normalized Funds from Operations

HTA defines FFO, a non-GAAP measure, as net income or loss computed in accordance with GAAP, excluding gains or losses from sales of property and asset impairment write downs, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. Adjustments for unconsolidated partnerships and joint ventures are calculated to reflect FFO. HTA uses normalized funds from operations, or normalized FFO, which excludes from FFO transition charges, acquisition-related expenses, proceeds received from lease terminations and adjusting for the net change in fair value of derivative financial instruments, to further evaluate how its portfolio might perform after its acquisition stage is complete and the sustainability of its distributions in the future.

FFO or normalized FFO should not be considered as an alternative to net income or to cash flows from operating activities and are not intended to be used as a liquidity measure indicative of cash flow available to fund HTA’s cash needs, including its ability to make distributions. FFO and normalized FFO should be reviewed in connection with other GAAP measurements. For more information on FFO and normalized FFO, please see HTA’s Annual Report on Form 10-K for the year ended December 31, 2011 as filed with the Securities and Exchange Commission.

The following is the reconciliation of FFO and normalized FFO to net income for the three and twelve months ended December 31, 2011 and 2010:

	Three Months Ended December 31,		Twelve Months Ended December 31,
	2011	2010	2011	2010
Net income	$ 2,007,000	$ (8,690,000)	$ 5,593,000	$ (7,919,000)
Depreciation and amortization — consolidated properties	26,731,000	22,794,000	107,542,000	78,561,000
FFO	$ 28,738,000	$ 14,104,000	$ 113,135,000	$ 70,642,000
FFO per share — basic	$ 0.13	$ 0.07	$ 0.51	$ 0.43
FFO per share —diluted	$ 0.13	$ 0.07	$ 0.50	$ 0.43
Acquisition-related expenses	303,000	4,472,000	2,130,000	11,317,000
Transition-related charges	—	7,394,000	-	8,400,000
Net change in fair value of derivative instruments	(306,000)	(1,524,000)	856,000	(6,095,000)
Termination fee revenue	-	(6,000)	(1,417,000)	(14,000)
Normalized FFO	$ 28,735,000	$ 24,440,000	$ 114,704,000	$ 84,250,000
Normalized FFO per share — basic and diluted	$ 0.13	$ 0.13	$ 0.51	$ 0.51

Weighted average common shares outstanding:
Basic	227,825,381	191,583,752	223,900,167	165,952,860
Diluted	228,316,767	191,583,752	224,391,553	165,952,860

Net Operating Income

The following is the reconciliation of NOI to net income for the three and twelve months ended December 31, 2011 and 2010:

	Three Months Ended December 31,		Twelve Months Ended December 31,
	2011	2010	2011	2010
Net income (loss)	$ 2,007,000	$ (8,690,000)	$ 5,593,000	$ (7,919,000)
Add:
General and administrative expense	6,472,000	5,972,000	28,695,000	18,753,000
Acquisition-related expenses	303,000	4,472,000	2,130,000	11,317,000
Depreciation and amortization	26,731,000	22,794,000	107,542,000	78,561,000
Interest expense	9,738,000	7,641,000	41,892,000	29,541,000
One-time redemption, termination, and release payment to former advisor	0	7,285,000	-	7,285,000
Less:
Interest and dividend income	(12,000)	(45,000)	(174,000)	(119,000)
Net operating income	$ 45,239,000	$ 39,429,000	$ 185,678,000	$ 137,419,000

Note that all figures are rounded to reflect approximate amounts. For more information on financial results, please see HTA’s Annual Report on Form 10-K for the year ended December 31, 2011 as filed with the Securities and Exchange Commission.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of acquisitions that totals approximately $2.4 billion based on purchase price and is comprised of approximately 12.0 million square feet of GLA. HTA’s portfolio is geographically diverse, with property portfolios located in 26 states. With overall portfolio occupancy of 91%, 57% percent of HTA’s annualized base rent is derived from credit rated tenants. Ninety-five percent of HTA’s portfolio is strategically located on-campus or aligned with recognized healthcare systems.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: we may not be able to access the public debt markets or access other sources of debt or equity financing, which may limit our growth; our results may be impacted by, among other things, uncertainties relating to the debt and equity capital markets; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America, Inc.
CONDENSED CONSOLIDATED BALANCE SHEETS
As of December 31, 2011 and December 31, 2010

	December 31, 2011	December 31, 2010
ASSETS
Real estate investments, net	$ 1,806,471,000	$ 1,797,463,000
Real estate notes receivable, net	57,459,000	57,091,000
Cash and cash equivalents	69,491,000	29,270,000
Accounts and other receivables, net	12,658,000	16,385,000
Restricted cash and escrow deposits	16,718,000	26,679,000
Identified intangible assets, net	272,390,000	304,355,000
Other assets, net	56,442,000	40,552,000
Total assets	$ 2,291,629,000	$ 2,271,795,000
LIABILITIES AND EQUITY
Liabilities:
Mortgage and secured term loans payable, net	$ 639,149,000	$ 699,526,000
Outstanding balance on unsecured revolving credit facility	—	7,000,000
Accounts payable and accrued liabilities	47,801,000	43,033,000
Derivative financial instruments—interest rate swaps	1,792,000	1,527,000
Security deposits, prepaid rent and other liabilities	19,930,000	16,168,000
Identified intangible liabilities, net	11,832,000	13,428,000
Total liabilities	720,504,000	780,682,000
Commitments and contingencies

Redeemable noncontrolling interest of limited partners	3,785,000	3,867,000
Stockholders’ Equity:
Preferred stock, $0.01 par value; 200,000,000 shares authorized; none issued and outstanding	—	—
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 228,491,312 and 202,643,705 shares issued and outstanding as of December 31, 2011 and December 31, 2010, respectively	2,284,000	2,026,000
Additional paid-in capital	2,032,305,000	1,795,413,000
Accumulated deficit	(467,249,000)	(310,193,000)
Total stockholders’ equity	1,567,340,000	1,487,246,000
Total liabilities and equity	$ 2,291,629,000	$ 2,271,795,000

Healthcare Trust of America, Inc.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
For the Three and Twelve Months Ended December 31, 2011 and 2010

	Three Months Ended December 31,		Twelve Months Ended December 31,
Revenues:	2011	2010	2011	2010
Rental income	$ 65,686,000	$ 55,855,000	$ 269,646,000	$ 195,496,000
Interest income from mortgage notes receivable and other income	(154,000)	1,649,000	4,792,000	7,585,000
Total revenues	65,532,000	57,504,000	274,438,000	203,081,000
Expenses:
Rental expenses	20,295,000	18,074,000	88,760,000	65,662,000
General and administrative expenses	6,472,000	5,973,000	28,695,000	18,753,000
Acquisition-related expenses	303,000	4,472,000	2,130,000	11,317,000
Depreciation and amortization	26,731,000	22,794,000	107,542,000	78,561,000
Redemption, termination and release payment to former advisor	0	7,285,000	0	7,285,000
Total expenses	53,801,000	58,598,000	227,127,000	181,578,000
Income (loss) before other income (expense)	11,731,000	(1,094,000)	47,311,000	21,503,000
Other income (expense):
Interest expense (including amortization of deferred financing costs and debt premium/discount):
Interest expense related to mortgage and secured term loans payables and credit facility	(10,044,000)	(9,165,000)	(39,613,000)	(26,725,000)
Interest expense related to derivative financial instruments and net change in fair value of derivative financial instruments	306,000	1,524,000	(2,279,000)	(2,816,000)
Interest and dividend income	12,000	45,000	174,000	119,000
Net income (loss)	2,007,000	(8,690,000)	5,593,000	(7,919,000)
Less: Net (income) loss attributable to noncontrolling interest of limited partners	(12,000)	(44,000)	(52,000)	16,000
Net income (loss) per share attributable to controlling interest	$ 1,995,000	$ (8,734,000)	5,541,000	(7,903,000)
Net income (loss) per share attributable to controlling interest on distributed and undistributed earnings — basic and diluted	$ 0.01	$ (0.04)	$ 0.02	$ (0.05)
Weighted average number of shares outstanding —
Basic	227,825,381	191,583,752	223,900,167	165,952,860
Diluted	228,316,767	191,583,752	224,391,553	165,952,860

Healthcare Trust of America, Inc. Acquires Penn Avenue Place Totaling Approximately 558,000 Square Feet in Pittsburgh, Pennsylvania

lauren — Tue, 06 Mar 2012 22:43:34 +0000

Scottsdale, Arizona (March 6, 2012) – Healthcare Trust of America, Inc. (“HTA”), a fully integrated, self-administered, self-managed real estate investment trust, is proud to announce the acquisition of Penn Avenue Place in Pittsburgh, Pennsylvania for approximately $54,000,000.

Penn Avenue Place is an eight-story, 558,000 square foot, Class A office building initially built in 1907 and completely renovated in 1997. The building is approximately 99.6% occupied, and anchored by Highmark, Inc. (S&P rated A). Highmark is one of the largest Blue Cross affiliates in the nation and is an independent licensee of Blue Cross and Blue Shield Association. Highmark, Inc. leases and occupies 92.4% of the building which contains mission critical space attached to its headquarters in Pittsburgh, PA. Highmark, Inc. recently renewed its lease for an additional 10-year term beginning January 1, 2012.

Penn Avenue Place is strategically located in Pittsburgh’s Central Business District near Allegheny General Hospital, the flagship hospital in the West Penn Allegheny Health System (“WPAHS”). Allegheny General Hospital is a 724-bed academic health care center that has been serving Pittsburgh’s residents since 1885.

Highmark, Inc. and the WPAHS recently announced that they had reached an affiliation agreement between their respective organizations that will position the healthcare system as the centerpiece of a new and innovative integrated healthcare delivery system for the region.

HTA has expanded its portfolio in Pittsburgh with the addition of Penn Avenue Place, which includes essential office space for Highmark, Inc. HTA’s existing Pittsburgh portfolio includes Federal North Medical Office Building and 30 Isabella Street, WPAHS’s executive and administrative offices, near Allegheny General Hospital. HTA’s Pittsburgh portfolio totals nearly 1 million square feet of GLA.

“The Penn Avenue Place acquisition continues our investment strategy of acquiring quality assets with strong credit rated tenants”, stated Mark D. Engstrom, Executive Vice President of Acquisitions for HTA. “Our relationships with leading healthcare providers are enhanced by our third acquisition in Pittsburgh and we continue to see strong market fundamentals for Pittsburgh in the region.”

About Healthcare Trust of America

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of acquisitions that totals approximately $2.4 billion based on purchase price and is comprised of approximately 12.0 million square feet of GLA. HTA’s portfolio is geographically diverse, with property portfolios located in 26 states. With overall portfolio occupancy of 91%, fifty-six percent of HTA’s current occupancy consists of credit rated tenants. Ninety-six percent of HTA’s portfolio is strategically located on-campus or aligned with recognized healthcare systems.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: the strength and financial condition of the building; the strength and financial condition of the tenants; uncertainties relating to the local economies where HTA owns assets; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America, Inc. Announces Acquisition of High Quality Medical Office Building in Novi, Michigan

gate6 — Tue, 21 Feb 2012 18:21:38 +0000

Scottsdale, Arizona (February 14, 2012) – Healthcare Trust of America, Inc. (“HTA”), is proud to announce the completed acquisition of an approximately 203,000 square foot on-campus medical office building (“St. John Providence MOB”) located in Novi, Michigan, in an all-cash transaction for approximately $51,320,000.

The on-campus St. John Providence MOB is connected directly to the Providence Park Hospital via an enclosed walkway. The Providence Park Hospital is part of Ascension Health Systems (Moody’s Aa1). Developed, owned, and operated since 2007 by a group of independent physician investors, the St. John Providence MOB is currently 99% leased. This off-market transaction was brought directly to HTA through its strong healthcare industry relationships and allows HTA to expand its existing relationship with Ascension Health Systems while providing channels for future growth.

The addition of this asset increases HTA’s national presence into 26 states. The Signature Group will serve as a local point of contact and leasing agent for the asset’s tenants, and HTA’s Indianapolis office will be responsible for overall asset management.

HTA currently has total assets of approximately $2.4 billion based on purchase price, consisting of approximately 11.5 million square feet with overall portfolio occupancy of 91%. HTA remains committed to acquiring high quality MOBs located on or adjacent to nationally recognized healthcare system campuses with the potential for long-term value appreciation.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. is a fully integrated, self-administered, self-managed real estate investment trust. Since its formation in 2006, HTA has built a portfolio of acquisitions that totals approximately $2.4 billion based on purchase price and is comprised of 11.5 million square feet of GLA. HTA’s portfolio is geographically diverse, with property portfolios located in 26 states. With overall portfolio occupancy of 91%, over half of HTA’s current annualized base rent is derived from credit tenants. Ninety-six percent of HTA’s portfolio is strategically located on-campus or aligned with recognized healthcare systems.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: the strength and financial condition of the building; the strength and financial condition of the tenants; uncertainties relating to the local economy of Novi, MI; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America Board of Directors Authorizes Distributions

gate6 — Fri, 09 Dec 2011 18:10:09 +0000

Scottsdale, Arizona (December 9, 2011) – On December 8, 2011, the Board of Directors of Healthcare Trust of America, Inc. (”HTA”), a fully integrated, self-administered, self-managed real estate investment trust, authorized distributions for the months of January, February and March 2012. These distributions will be calculated based on the stockholders of record each day during each such month at a rate of $0.00198630 per share per day and will equal a daily amount that, if paid each day for a 365-day period, would equal a 7.25% annualized rate based on a share price of $10.00. These distributions will be paid in February, March and April 2012, respectively, in cash or reinvested in stock for those participating in HTA’s distribution reinvestment plan.

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. is a fully integrated, self-administered, and self-managed real estate investment trust, or REIT. Since its formation in 2006, HTA has made 79 geographically diverse acquisitions valued at approximately $2.3 billion based on purchase price, which includes 244 buildings and two other real estate-related assets. HTA’s portfolio totals approximately 11.2 million square feet and includes 220 medical office buildings, ten hospitals, nine skilled nursing and assisted living facilities and five healthcare-related office buildings located in 25 states. With average occupancy of 91%, including leases signed but not yet commenced, over half of HTA’s current annualized base rent comes from credit rated tenants. Ninety-six percent of HTA’s portfolio is strategically located on-campus or aligned with recognized healthcare systems.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: the amount of distributions HTA pays to its stockholders is determined by HTA’s board of directors, at its discretion, and is dependent on a number of factors, including funds available for the payment of distributions, HTA’s financial condition, capital expenditure requirements and annual distribution requirements needed to maintain HTA’s status as a REIT under the Internal Revenue Code, as well as any liquidity alternative HTA may pursue in the future; HTA’s board of directors may reduce its distribution rate and HTA cannot guarantee the amount of distributions paid in the future, if any; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.

Healthcare Trust of America, Inc. Relocates East Coast Office to Historic Downtown Charleston

gate6 — Mon, 28 Nov 2011 19:39:41 +0000

Scottsdale, Arizona (November 28, 2011) – Healthcare Trust of America, Inc. (“HTA”), a fully integrated, self-administered, self-managed real estate investment trust primarily focused on medical office buildings, with $2.3 billion in total assets based on purchase price and 11.2 million square feet located in 25 states announced that effective November 1, 2011, HTA has relocated its Charleston regional office to the historic downtown area of Charleston, SC.

The Charleston office is led by Brendan Magee, Regional Vice President of Asset Management, and Jim Coman, Asset Manager. The Charleston office directly manages 5 million square feet throughout the southeast and northeast markets with significant investments in Atlanta, GA, Greenville, SC, Charleston, SC, Raleigh, NC, Orlando, FL and Pittsburgh, PA.

HTA is headquartered in Scottsdale, AZ and has a second regional office located in Indianapolis, IN. This Indianapolis office oversees 2.2 million square feet with assets primarily located in Ohio, Indiana, Wisconsin and Minnesota.

The contact information for the new Charleston office is: 463 King Street, Suite B, Charleston, SC 29403, (843) 623-3751.

The contact information for the Indianapolis office is: 201 N. Pennsylvania Parkway, Suite 201, Indianapolis, IN 46280, (317) 550-2800.

Note that all figures are rounded to reflect approximate amounts. For more information on HTA, please visit www.htareit.com.

About Healthcare Trust of America, Inc.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: our results may be impacted by, among other things, uncertainties relating to the debt and equity capital markets; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.