Tag Archives: HTA

Healthcare Trust of America hires three employees

Healthcare Trust of America, Inc. (NYSE:HTA), has hired Jaime Northam as Senior Vice President, Leasing, Sabrina Nayer as Director of Operations, Midwest Region and Rachael Kimsey as Senior Leasing Associate.

Northam will oversee third-party leasing across HTA’s portfolio, while creating new market strategies and identifying new investment and development opportunities.  Northam brings significant experience in commercial real estate development, leasing and economic development from various nationally recognized firms, including Grubb & Ellis and The Alter Group. Previously, Northam held a position with HTA as Regional Asset Manager and managed leasing, operations and overall performance for HTA’s Midwest portfolio. Prior to coming back to HTA, Northam was the Vice President, Business Development at Greater Phoenix Economic Council where she focused on national business attraction and ensuring the economic growth of the Greater Phoenix Area. Northam also sits on various local and national boards, including NAIOP Commercial Real Estate Development Association’s National Board of Directors.

Sabrina Nayer, HTA

Sabrina Nayer, HTA

Nayer will oversee property management and operations activities of HTA’s Midwest Region, which is comprised of Minnesota, Wisconsin, Michigan, Missouri, Illinois, Indiana and Ohio markets totaling over 2.9 million square feet. This region constitutes over 20 percent of HTA’s total portfolio of 14.6 million square feet, and includes one of HTA’s key markets, Indianapolis, IN. Prior to joining HTA, Nayer was a Senior Property Manager with Transwestern Commercial Services where she oversaw property management and reporting of a 4.5 million square foot portfolio.

Kimsey will assist in marketing and leasing HTA’s portfolio in Arizona. She will be responsible for the management of prospecting, researching market trends, organizing market research and assisting in leasing efforts directly related to HTA’s portfolio of medical office buildings.  Prior to joining HTA, Kimsey was a Brokerage Associate with Cushman & Wakefield of Arizona where she acted as a secondary contact for owner/broker/tenant inquires, created marketing pieces and coordinated marketing events. Kimsey holds a Bachelors of Social Science from Biola University in La Miranda, CA.

“HTA prides itself not only on our high-quality portfolio of on-campus medical office buildings, but also on our first-class team of in-house management and leasing professionals. These three individuals share HTA’s commitment to deliver superior service at competitive rates through a relationship-based management approach. We are excited to welcome Jaime, Sabrina and Rachael to the HTA family as we continue to expand the company in key markets,” said Amanda Houghton, Executive Vice President of Asset Management for HTA.

Healthcare Trust of America

HTA closes $89M in acquisitions in August

Healthcare Trust of America, Inc. (NYSE:HTA) announced today that it had closed on approximately $89 million of investments in August 2014, increasing its total investment activity to approximately $300 million in 2014. This represents an approximate 10 percent portfolio growth rate year.

These third quarter acquisitions includes two separate investments in medical office buildings (“MOBs”) located in the attractive markets of Westchester County, NY and Charleston, SC. These properties total over 250,000 square feet and were approximately 94% occupied at closing. In addition, the properties are located in or near HTA’s existing key markets, will be operated by HTA’s property management and leasing platform, and are immediately accretive to shareholders.

In Westchester, HTA acquired a destination medical campus that includes five MOBs totaling 188,500 square feet located in one of the wealthiest counties in the country. This campus is part of a high traffic, regional medical corridor and is immediately adjacent to the new Memorial Sloan Kettering Cancer Center-West Harrison opening next month. The campus also includes sufficient land to support the development of a new MOB to meet the growing regional demand.

In Charleston, HTA acquired the Tides Medical Arts Building, a 69,000 square foot class A MOB located near the foot of the Ravanel Bridge which connects Mt. Pleasant and Charleston. The Tides MOB was developed in 2006 and was purchased from multiple physician group tenants. Tides MOB  also serves as one of the primary outpatient centers for Roper St. Francis Healthcare-related physician groups in Mt. Pleasant. The asset is 100 percent leased with an average lease term of 7 years with strong imbedded annual rent growth.  This investment is in close proximity to HTA’s existing regional office downtown Charleston and expands the company’s Charleston presence to over 176,000 square feet.

Amanda Houghton on "Seeking Alpha."

Amanda Houghton discusses HTA on ‘Seeking Alpha’

Healthcare Trust of America, Inc. (HTA) announced today that Executive Vice President of Asset Management, Amanda Houghton, was interviewed by Seeking Alpha in an article published today. Ms. Houghton discussed the company’s in-house property management and leasing platform that was started in 2010 which now operates and leases over 12.6 million square feet of medical office space. Ms. Houghton illustrated the direct impact that this platform has on HTA’s tenants, health system partners, and bottom line, demonstrated by its six consecutive quarters of same store growth of 3 percent or better.

Watch the video here.

Healthcare Trust of America

HTA launches medical real estate data service

Healthcare Trust of America, Inc. announced Tuesday that it is serving as the top level, founding partner for the launch of Revista, a new data service for medical real estate. Founded by former executives with the National Investment Center, Revista is creating the most comprehensive and accurate data and industry services focused on the characteristics, transactions, and performance of the growing medical real estate sector in the United States. Revista is the first data service to be built by healthcare real estate veterans and will highlight the key drivers and trends that make medical real estate one of the most attractive asset classes today. Revista is formally launching later this month with the roll out of its data service for the Northeastern U.S. It expects to roll out services for the entire United States later this year.

Healthcare Trust of America is the largest, dedicated owner of medical office buildings in the U.S. today. The medical office sector is estimated to include over $250 billion in asset value, with less than 10% owned by institutional investors. HTA is dedicated to the medical office sector and is committed to providing the tools and resources necessary for health systems and healthcare providers to effectively and efficiently meet their real estate and financing needs.

“As one of the leading owners and operators of medical office real estate in the United States, HTA is committed to bringing an institutional quality to this currently fragmented sector,” stated Chairman and CEO Scott D. Peters. “We believe that the rollout of Revista’s products and services will greatly improve the quality of data that institutional investors require to understand the strong fundamentals of medical real estate. It will also highlight the tremendous value that health systems and providers have locked up in their real estate portfolios, allowing them to strategically analyze their true costs of capital in today’s changing environment.”

Steve Patterson, HTA, Web

HTA Appoints Steve Patterson to Board of Directors

Healthcare Trust of America, Inc. (NYSE:HTA), announced the appointment of Steve W. Patterson, the current Athletic Director of the University of Texas at Austin, to its Board of Directors. The Board has determined that Mr. Patterson qualifies as an independent director under the applicable NYSE and SEC requirements. With the appointment of Mr. Patterson, HTA’s Board of Directors will increase to a total of seven members, six of whom qualify as independent.
“We enthusiastically welcome Steve Patterson to HTA’s Board of Directors,” stated Scott D. Peters, Chairman and CEO of Healthcare Trust of America, Inc. “Steve is the first director we have added since 2007 and will bring new insight to the board room. He has a tremendous track record with a diversified business background and brings a wealth of relationships that he has developed over the years. Steve will be a key asset for HTA as we continue to develop and expand our company in the coming years. “
Mr. Patterson has over 25 years of experience in a variety of executive roles in the sports and educational sectors. In his current role, Mr. Patterson heads one of the most dynamic collegiate athletic institutions in this country, with significant touch points throughout the educational, athletic, business and healthcare communities. Prior to that time, Mr. Patterson served as the Athletics Director at Arizona State University from 2012 to 2013 and Managing Director of the Sun Devil Sports Group and Chief Operating Officer of Sun Devil Athletics from 2011 to 2012. Prior to that, Mr. Patterson served in a variety of roles in the professional sports and entertainment industry, including as the President of Pro Sports Consulting, President of the Portland Trail Blazers, Senior Vice President of the Houston Texans and General Manger of the Houston Rockets.
Mr. Patterson received a Bachelor’s degree in Business Administration and a J.D. degree from the University of Texas at Austin.

ChelseaMaddox, Cushman and Wakefield

Chelsea Maddox Joins Cushman & Wakefield

Cushman & Wakefield of Arizona announced that Chelsea Maddox has joined the company as director of brokerage services for its Healthcare Practice Group. Maddox will provide comprehensive healthcare real estate consulting services including representation on the leasing and sales of medical office space to owners and tenants.

Maddox spent the past year with Healthcare Trust of America, a publically traded real estate investment trust with a 13.6-million-square-foot medical office portfolio. She oversaw leasing activities for its South/Southwest portfolios, including more than 1.2 MSF in Arizona.

We are thrilled to have Chelsea rejoin Cushman & Wakefield,” said Gregory B. Valladao, Cushman & Wakefield’s Arizona Market Leader. “Her experience at HTA has made her one of the strongest medical office experts in the Southwest. We look forward to her expanding her Phoenix-based practice to include other cities in the area including Tucson, Albuquerque and Las Vegas. Her high level of professionalism and the expertise she brings to the table will be a huge benefit to the medical groups she consults with.”

Before joining HTA, Maddox was a senior associate with Cushman & Wakefield in the firm’s healthcare division where she represented a national tenant base. Prior to that, she was an associate with Grubb & Ellis, responsible for medical office leasing. Maddox began her career in 2007 with commercial real estate brokerage firm Landmark TCN as an associate.

She holds a B.A. in Public Relations & Strategic Media and Communications from the Cronkite School of Journalism and Mass Communications at Arizona State University.

HTA-logo

The Street.com Publishes Article on Healthcare Trust of America

 

The Street.com published an article about Healthcare Trust of America and the medical office sector.

The article says that healthcare trends in the U.S. have created hot demand for medical-office space, and this bodes well for Healthcare Trust of America.

Because of shifting consumer preferences and limited hospital space, more and more healthcare procedures that traditionally have been performed in hospitals — such as surgery — are now being done at outpatient facilities.

What’s more demand for medical-office space is only likely to accelerate in coming years.

The article can be found at thestreet.com or the HTA website at htareit.com.

Healthcare Trust of America is a publicly traded real estate investment trust and a fully integrated owner of medical office buildings.

Since its formation in 2006, HTA has built a portfolio of properties that totals approximately $2.6B based on purchase price and is comprised of approximately 12.7 MSF of gross leasable area in 27 states.

HTA operates properties through regional offices in Scottsdale, Charleston, Atlanta, and Indianapolis.