National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Q3 2021 Earnings Presentation
21 slides from National Healthcare Properties's earnings presentation, Dec 8, 2021
Slide 1: Third Quarter 2021 Investor Webcast Presentation
Healthcare Trust, Inc. Third Quarter 2021 Investor Webcast Presentation 1
Slide 2: Q3'21 Company Overview
Q3’21 Company Overview HTI is a $2.6 billion(1) healthcare real estate portfolio focused on Medical Office Buildings (“MOB”) and Senior Housing Operating Properties (“SHOP”) ✓ High-quality portfolio featuring 201 healthcare properties that are 59% MOB, 32% SHOP and 9% Triple Net Leased (“NNN”) (2) ✓
Slide 3: 100% MOB and NNN Original Cash Rent Collection
100% MOB and NNN Original Cash Rent Collection HTI continues to collect approximately 100% of the original Cash Rent due across the MOB and NNN portfolios in 2020 and 2021. Management expects this trend to continue Quarterly Original Cash Rent Collection Rates 100% 100% 100% 100% 100% 98% Q2'2020 Q3
Slide 4: Portfolio Snapshot
Portfolio Snapshot High-quality healthcare portfolio featuring an MOB and NNN portfolio that is 91% occupied(1) and a 4.1 million square foot SHOP portfolio operated by top U.S. Healthcare brands PROPERTIES Medical Office Buildings 131_ 9.3 $2.6 Senior Housing – Operating (SHOP) 54_ 201 Million Bill
Slide 5: Dynamic Portfolio Fundamentals
Dynamic Portfolio Fundamentals HTI is focused on deploying capital into select, high-quality MOB and SHOP assets throughout the United States and increasing portfolio Occupancy Portfolio Highlights High-Quality Portfolio ✓ Dynamic portfolio featuring a balance of high-quality and resilient MOB & NNN
Slide 6: Strategic Partners
Strategic Partners HTI partners with top healthcare brands in well-established markets MOB SHOP ✓ DaVita (NYSE: DVA) and Fresenius (NYSE: FMS) are industry leading publicly traded companies with a combined market cap of $30 billion(1) ✓ UPMC is a leading health enterprise with over 92,000 employees
Slide 7: Diligent Acquisition Program
Diligent Acquisition Program Year-to-date closed and pipeline acquisitions of $160 million at a 7.7% weighted average Cap Rate, including six acquisitions closed in Q3’21 for $104 million at a 7.8% weighted average Cap Rate. 2021 closed acquisitions are expected to generate approximately $13 million
Slide 8: Conservative Leverage Profile
Conservative Leverage Profile HTI continues to manage its capital structure, ensuring financial flexibility and acquisition capacity throughout the COVID-19 pandemic Debt Capitalization(1) ($mm) Balanced Capital Structure Mortgage Debt Mortgage Notes Payable $549 ▪ $119 million, 21 property, CMBS Lo
Slide 9: Resilient Performance
Resilient Performance HTI remains focused on growing its portfolio by diligently acquiring high-quality MOB assets and constructing a forward Leasing Pipeline that is expected to increase MOB and NNN occupancy to nearly 92% Operating Highlights MOB and NNN Exposure(2) 68.6% ✓ Year over year, HTI’s c
Slide 10: Company Highlights
Company Highlights HTI remains focused on generating leasing momentum, collecting 100% of the original Cash Rent due across the MOB and NNN portfolios and acquiring high-quality MOB properties while maintaining moderate leverage ✓ Collected approximately 100% of the original Cash Rent due from the C
Slide 11: Experienced Leadership Team
Experienced Leadership Team Michael Weil Leslie D. Michelson Jason Doyle Chief Executive Officer Non-Executive Chairman, Audit Chief Financial Officer, Secretary, and Committee Chair Treasurer Mr. Weil was named Healthcare Trust Inc.’s chief executive officer on August 23, 2018, which went into Mr.
Slide 12: Dedicated SHOP Team
Dedicated SHOP Team John Rimbach joined the management team of HTI’s advisor along with his key operating personnel from WESTLiving. This experienced group plays an essential role in managing the Company’s significant operating portfolio John Rimbach: President of Healthcare Facilities ▪ Former Pres
Slide 13: Strong Corporate Governance
Strong Corporate Governance Majority Independent Board of Directors, including an audit committee and nominating and corporate governance committee comprised solely of independent directors Board of Directors Leslie Michelson Non-Executive Chairman, Audit Committee Chair Chairman of Private Health
Slide 14: Legal Notice
Hea LUST INC Legal Notice
Slide 15: Disclaimer
Disclaimer References in this presentation to the “Company,” “we,” “us” and “our” refer to Healthcare Trust, Inc. (“HTI”) and its consolidated subsidiaries. The statements in this presentation that are not historical facts may be forward-looking statements. These forward-looking statements involve r
Slide 16: Forward Looking Statements
Forward Looking Statements Certain statements made in this presentation are “forward-looking statements” (as defined in Section 21E of the Exchange Act), which reflect the expectations of the Company regarding future events. The forward-looking statements involve a number of risks, uncertainties and
Slide 17: Forward Looking Statements (Continued)
Forward Looking Statements (Continued) • No public market currently exists, or may ever exist, for shares of our common stock and our shares are, and may continue to be, illiquid. • In owning properties we may experience, among other things, unforeseen costs associated with complying with laws and r
Slide 18: Appendix
Hea LUST INC Appendix
Slide 19: Definitions
Definitions Annualized Straight-Line Base Rent: Represents the total contractual base rents on a straight-line basis to be received throughout the duration of the lease currently in place expressed as a per annum value. Includes adjustments for non-cash portions of rent. Cap Rate: Capitalization rat
Slide 20: Reconciliation of Non-GAAP Metrics: NOI
Reconciliation of Non-GAAP Metrics: NOI Nine Months Ended September 30, 2021 Triple-Net Leased Seniors Housing Medical Office Healthcare — Operating (In thousands) Buildings Facilities Properties Consolidated Revenue from tenants $ 79,839 $ 10,913 $ 155,850 $ 246,602 Property operating and maintenan
Slide 21: Shareholder account information
▪ For account information, including balances and the status of submitted paperwork, please call us at (866) 902-0063 ▪ Financial Advisors may view client accounts at www.computershare.com/advisorportal HealthcareTrustInc.com ▪ Shareholders may access their accounts at www.computershare.com/hti 21