National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Q1 2022 Earnings Presentation
20 slides from National Healthcare Properties's earnings presentation, May 26, 2022
Slide 1: Healthcare Trust, Inc. First Quarter 2022 Investor Webcast Presentation
Healthcare Trust, Inc. First Quarter 2022 Investor Webcast Presentation 1
Slide 2: Q1'22 Company Overview
Q1’22 Company Overview HTI is a $2.6 billion(1) healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings (“MOB”) and Senior Housing Operating Properties (“SHOP”) ✓ High-quality portfolio featuring 198 healthcare properties that are 77% MOB and 23% SHOP(2) ✓ Hig
Slide 3: Portfolio Snapshot
Portfolio Snapshot HTI’s dynamic portfolio features an MOB portfolio that is 91% occupied (1) with embedded long-term rent growth and an over 4,300-unit SHOP portfolio with significant Occupancy upside that is operated by four operators with ($ in millions and SF in thousands) MOB SHOP Rentable Squa
Slide 4: 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 ✓ MOB portfolio that is diversified across 28 states and features long- term le
Slide 5: 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 $31 billion(1) ✓ Streamlined SHOP portfolio to only four operators, including tw
Slide 6: Diligent Acquisition Program
Diligent Acquisition Program In 2021, HTI completed $160 million of acquisitions at a 7.7% weighted average Cap Rate that are expected to add $14 million of Annualized Straight-Line Base Rent over a weighted average Lease Term Remaining of approximately eight years. In Q1’22, HTI developed a three-p
Slide 7: Conservative Leverage Profile
Conservative Leverage Profile HTI continues to manage its capital structure and improved Net Leverage(3) to 37% and increased Liquidity to $294 million, ensuring financial flexibility and acquisition capacity Debt Capitalization(1) ($mm) Q1’21 Q1’22 Balanced Capital Structure Mortgage Notes Payable
Slide 8: Key Operating Highlights
Key Operating Highlights Year-over-year, HTI proactively managed the Company’s portfolio and balance sheet and as a result, SHOP occupancy increased by over 3%, MOB NOI increased by 10% and Net Leverage decreased by 4% Operating Highlights Increasing SHOP Occupancy ✓ Increased SHOP occupancy 3.9% ye
Slide 9: Company Highlights
Company Highlights HTI continues to remain focused on capitalizing on the Company’s leasing upside, acquiring high-quality MOB and SHOP properties, and constructing and maintaining a conservative balance sheet ✓ High-Quality Portfolio of 198 healthcare properties comprised of 77% MOB and 23% SHOP pr
Slide 10: Experienced Leadership Team
Experienced Leadership Team Michael Weil Leslie D. Michelson Scott Lappetito 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
Slide 11: Dedicated SHOP Team
Dedicated SHOP Team John Rimbach and his core team collectively have over 125 years of SHOP experience and have been with HTI’s Advisor for nearly five years. This experienced group plays an essential role in managing HTI’s SHOP portfolio John Rimbach: President of Healthcare Facilities ▪ Former Pre
Slide 12: 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 13: Legal Notice
Hea LUST INC Legal Notice
Slide 14: 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 15: 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 16: Forward Looking Statements (Continued)
Forward Looking Statements (Continued) • We focus on acquiring and owning a diversified portfolio of healthcare-related assets located in the United States and are subject to risks inherent in concentrating investments in the healthcare industry. • The healthcare industry is heavily regulated, and w
Slide 17: Appendix
Hea LUST INC Appendix
Slide 18: 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 19: Reconciliation of Non-GAAP Metrics: NOI
Reconciliation of Non-GAAP Metrics: NOI Three Months Ended March 31, 2022 Seniors Housing Medical Office — Operating (In thousands) Buildings Properties Consolidated Revenue from tenants $ 32,348 $ 51,302 $ 83,650 Property operating and maintenance 8,689 44,401 53,090 NOI $ 23,659 $ 6,901 30,560 Imp
Slide 20: ▪ For account information, including ▪ Financial Advisors may view client ▪ Shareholders may
▪ 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 20