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Healthcare Realty Trust Updates on Rent Collection Challenges

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Healthcare Realty Trust Updates on Rent Collection Challenges

Healthcare Realty Trust ( (HR) ) has shared an update.

On February 28, 2025, Healthcare Realty Trust announced its participation in Citi’s 2025 Global Property CEO Conference scheduled for March 3-4, 2025, and released an updated investor presentation. Additionally, the company reported partial rent collection from Prospect Medical, which filed for Chapter 11 bankruptcy in January 2025. Healthcare Realty collected $0.4 million in rent for January and February 2025, but there is uncertainty regarding the recovery of additional unpaid rent or the ability to relet the space.

More about Healthcare Realty Trust

Healthcare Realty Trust is a real estate investment trust (REIT) specializing in owning and operating medical outpatient buildings, primarily located around market-leading hospital campuses. The company focuses on portfolio growth through property acquisition and development, with over 650 properties totaling 38.4 million square feet in 15 growth markets.

YTD Price Performance: 2.06%

Average Trading Volume: 2,534,067

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.9B

For detailed information about HR stock, go to TipRanks’ Stock Analysis page.

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