Healthcare Realty Trust Incorporated · NYSE:HR
Healthcare Realty Trust — Healthcare Trust of America — Investor Presentation (September 2012)
19 slides from Healthcare Realty Trust's investor presentation, Sep 17, 2012
Slide 1: September 2012 Company Presentation
Exhibit 99.1 Exhibit 99.1 Company September Presentation 2012
Slide 2: Forward-Looking Statements
This assumptions statements and other believe statements. thecommercialrealestatemarketand property we taxation investments; forth Forward circumstances 1or that operate; uncertainties document in things, may that our of investments looking within REITs Factors be 2011 our the and future changes ari
Slide 3: Healthcare Trust of America Overview
Healthcare Overview A Facilities 91% Experienced significant Integrated 1Current Recent Listed Phased Received Closed 2Completed As Leading of occupancy Class Events ain 9/07/2012 dividend $875mm predominantly investment Liquidity operating owner healthcare Trust aA $268mm management $150mm shares w
Slide 4: HTA Investment Characteristics
Company Healthcare HTA MOBs Positive, Limited Stable 96% Greater Well Experienced A Focused Growing 3¹Strong HTA’s Leading of defined isTenancy Governance have aportfolio than enterprise Operating Medical Growing self Sector, Profile Owner Trust Favorable, 50% management investment managed and Defen
Slide 5: Company Snapshot
Company Building Senior Hospital MOB 90% 5% Presence (Based GA NY FL Other PA 31% SC AZ IN TX Gross $2.5 265 Investment 12.5mm 39% % 56% 96% 6.5 Average 8.0 5.6 Credit 19.0 Baa3 Liquidity $2.2 2Q12 $599 $207.0 27.4% Total 31.2% Weighted 4.7x 546321–4.4% 7 Adjusted Tenant 91% 2012 Based of 10% 8% 9%
Slide 6: MOB Sector Benefiting from Healthcare Trends
MOB Medical Fragmented REIT Owners Other ¹6% Annual $Trillions 128 122 124 2,000 126 116 118 1,600 120 110 112 1,200 114 1989 Inpatient 5Outpatient Source: 012345 1,000 1,400 2,200 1,800 1991 Owners Opportunity Healthcare 94% Office Admissions/1000 Outpatient Green Trend Visits/1000 1993 Ownership i
Slide 7: MOB Location Is Value
MOB (96% Medical On Hospitals Maximizes Cost Open Off Significant Lower 6Attracts Campus Campus effective of space –retention Location, independent GLA) Office create competition utilization limited or is Value location the Aligned (4% and strong Location, Best isaround of rental physicians Property
Slide 8: Experienced Management Team
Experienced Scott Chairman, Co CEO EVP, Mark CEO, Mgr. Vice Founder/Principal–Pacific Hospital Kellie VP Musical Certified Amanda Manager Senior RSM 7Appointed Founded ofPresident, of Pacific Peters EquiCo Engstrom, InSite Financial Pruitt, Analyst, Manager, Real Grubb Instruments Administrator, Hou
Slide 9: National Portfolio, Regionally Focused
National Indianapolis, Midwest South/ East Charleston, Scottsdale, GLA: 12/31/2010 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% In 8Healthcare House 2.5mm 6.1mm 3.9mm Southwest Portfolio, Property managed AZ System 12/31/2011 SCIN SF Management RSF Regionally Relationships 6/30/2012 % (Singl
Slide 10: Extensive Integrated Operating Platform
Extensive Robust Acquisitions Property Leasing Management Construction Proactive Finance Integrated 53Asset 21 South/West 3.9mm 90% 50% East 6.1mm 95% 42% Midwest 2.5mm 82% 964% regional asset years Coast occupancy under Acq/ Finance Management managers SF Operating average Acquisition –Asset and of
Slide 11: Diversified Geographic and Lease Mix
Diversified Geographic Lease Building (by NY FL Other PA SC AZ IN Tenants Credit 264 34% Single Tenant 66% 40% Gross NNN 44% Rated Top 56% 60% Strong Multi 10 10% 8% 9% Annual GLA) 11% 7% buildings 5NNN credit tenanted states Type mix Mix 31% GA Not TX Mixleases rated Base of Portfolio 5% Diversific
Slide 12: Stable Credit Tenants and Lease Rollover
Stable Credit Top Rating Greenville Highmark Steward Institute Aurora Indiana Community West Kindred Select Deaconess Banner Hospital Total Granular 1H Rollover 9.4% 15% 20% 25% 10% 2012 0% 5% 5.2% Average 90.7% 100% 88.7% 90% 2007 180% 5432YTD square 11Agency As Only Note Renewal 2012 Tenants1,2,3
Slide 13: Key Strategic Investments
Key Strategic Greenville $163mm Banner $107mm Albany $197mm Pittsburgh $133.5mm Majority Steward $100mm 12 Sun Medical Portfolio anchored / March September December November Metro Hospital / City 2010 Investments Portfolio 2012 2012 by Portfolio 2009 2010 2009 Highmark 372k 978k in 641k 960k 856k SF
Slide 14: Key Strategic Investments (cont'd)
Key Strategic Indiana $90mm Anchored Aurora $74mm Raleigh $44mm Deaconess $45mm 100% 13 NNN Wisconsin University /Portfolio June February December March by Clinic toIndiana Investments 2008 Aurora Deaconess 2010 Portfolio Portfolio 2009 Hospital 690k 2010 University 261k Health 315k SF 242k Health (
Slide 15: Acquisition Strategy and Relationships
Acquisition Hospitals Systems Healthcare Real Lenders Mortgage Brokers and MOB we HTA present 1increased 14 do off Estate Positioned has acquired developers not market Strong Transactions developed tenant Developers compete Strategy over relationships transactions to retention continue Capitalize fo
Slide 16: Proven Track Record
Proven Total $200 $207 $150 $50 $52 Normalized $120 $140 $142 $160 2008 $0 $20 $22 $40 $43 $60 $80 $84 $100 2Q12 Note: 110Q acquisition 2and number 15Normalized 2Q12 transition for $186 $137 $85 $115 2009 NOI NOI Same Growth is may thepresented ($mm) and 2010 expense, period Store Funds exceed FFO e
Slide 17: Strong, Flexible Balance Sheet
Strong, 6/30/12 18.3% Unsecured 6.1x 5.0x HTA 71.8% 1.0x Equity 3.0x Balance Over $575 Average Debt $100 $200 $300 $400 $500 $42 2012 $0 % 1Secured 216 forofHTA $13 Total HCP 9.9% Maturities1,4 $24 million $157 2013 7.0x Flexible Capital Sheet 9.0x debt As $73 weighted 3Acquisition Source Includes E
Slide 18: Phased-in Listing of HTA Shares
Phased-in Listing HTA Outstanding B Class 2013 December Equal convert Directors Board 172 and listed A B B1 B2 B3 ownership/voting discretion has and to automatically shares Bshares and Liquidity Class adopted 36, its Phased shares shares 2012 2013 Officers shares listed convert convert Atoafter ain
Slide 19: Key Investment Highlights
KeyofInvestment Medical Dividend (as Greenville (Greenville, Desert (Phoenix, 18 9/07/12) Ridge Office Yield AZ) Life SC)Building of Center Highlights 6.0% Specialist Strong Industry and Macroeconomic Trends 91% Occupancy in Defensive Asset Class Investment Grade Balance Sheet Healthcare REITs at Si
Healthcare Trust of America — Investor Presentation (September 2012) on 6ix