# Healthcare Realty

> Healthcare Realty Trust Incorporated is a Nashville-based public REIT that owns, operates, leases and develops outpatient medical buildings in the United States. Its strategy centers on buildings on or near hospital campuses and direct relationships with health systems and physicians. As of June 30, 2026, its investments covered 562 properties and approximately 32.8 million square feet across 49 markets.

- **Founded:** 1992
- **Headquarters:** Nashville, United States
- **Founders:** David R. Emery (Founder, former chairman and CEO), Roger West (Co-founder and first general counsel)
- **Products:** Outpatient medical space leasing, Property operations and management, Development and redevelopment, Acquisitions and joint ventures
- **Notable:** 1993 IPO raised $117 million for an initial 21-property portfolio., Completed the Healthcare Trust of America merger in July 2022., Developed more than four million square feet of outpatient facilities, representing over $1.2 billion of cumulative investment.

## Products & services

- **Outpatient medical space leasing** — Leases space to physician groups, health systems and outpatient care providers, with attention to complementary specialties.
- **Property operations and management** — In-house managers and maintenance engineers support medical tenants; the company provided leasing and management services to 95% of its portfolio as of June 30, 2026.
- **Development and redevelopment** — Develops facilities with health systems and local developers and renovates existing assets; cumulative development exceeds four million square feet and $1.2 billion of investment.
- **Acquisitions and joint ventures** — Invests directly and alongside institutional capital partners in outpatient medical properties.

## Achievements

- 1993 IPO raised $117 million for an initial 21-property portfolio.
- Completed the Healthcare Trust of America merger in July 2022.
- Developed more than four million square feet of outpatient facilities, representing over $1.2 billion of cumulative investment.
- Reported 5.1% same-store cash NOI growth and 88.5% tenant retention for Q2 2026.

## Latest updates

- **2026-10** — Investor relations lists an October 30, 2026 third-quarter earnings call; results had not been released as of this profile’s October 23 research date.
- **2026-07** — Q2 results reported 5.1% same-store cash NOI growth, 88.5% retention and increased full-year normalized FFO guidance to $1.62-$1.66 per diluted share; GAAP net loss was $0.13 per share.
- **2026-02** — Investor presentation reported the strategic asset-sale program, organizational restructuring and a quarterly dividend reset to $0.24 per share.

## Links

- Website: https://www.healthcarerealty.com/
- LinkedIn: https://www.linkedin.com/company/healthcare-realty/

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Profile page: https://yespress.io/healthcare-realty
Published by YesPress — https://yespress.io
Last updated: 2026-10-23