But Kaiser Permanente is still No. 1 by far, according to Revista’s latest top 50 report
By John B. Mugford
It should come as no surprise that the entity that grew its medical real estate portfolio the most in 2022 was Nashville, Tenn.-based Healthcare Realty Trust Inc. (NYSE: HR), a publicly traded real estate investment trust (REIT) focused on medical office buildings (MOBs).
After expanding its portfolio relatively slowly from 2019 to 2021, when it grew its assets from $3.9 billion to $4.7 billion, Healthcare Realty took a big jump last year when it acquired what was then nation’s largest MOB owner, Scottsdale, Ariz.-based Healthcare Trust of America (HTA).
As part of the transaction that closed early in the third quarter (Q3) of 2022, Healthcare Realty acquired HTA’s vast portfolio of more than 24 million square feet of mostly MOBs for a price topping $10 billion.
As a result, the value of Healthcare Realty’s overall portfolio is now $12.8 billion, representing year-over-year growth of
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