Transactions: Healthcare Trust remains acquisitive

REIT WOULD BUY THREE MOBS AND LTAC; IT ALSO CLOSES ON A FIRST MORTGAGE

By John Mugford

Last month, we reported that Scottsdale, Ariz.-based Healthcare Trust of America Inc. (HTA) had entered agreements to acquire 16 medical office buildings (MOBs) in the Phoenix area as well as three other MOBs in other states.

In recent weeks, the privately held real estate investment trust (REIT) entered new agreements involving additional MOBs and medical facilities. In one deal, HTA entered an agreement to pay about $20.5 million for a three-building, 92,500 square foot MOB portfolio in Texas and Indiana. That equates to a price per square foot (PSF) of $221.62.

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