The unlisted REIT turned a profit in 2013 and acquired $593.2M in real estate
By John B. Mugford
Since its establishment in 2009, Tampa-based Carter Validus Mission Critical REIT Inc. posted its best year in 2013. The unlisted real estate investment trust (REIT) also turned its first profit, reporting consolidated net income of $14.7 million, or 30 cents per share, for the year ended Dec. 31.
The company, which focuses on acquiring and owning data centers and healthcare facilities, also announced that it acquired a company-record $593.2 million in real estate assets in 2013, including $174.5 million in the month of December alone. For all of 2013, the company purchased 17 properties
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