National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Investor Presentation (December 2016)
18 slides from National Healthcare Properties's investor presentation, Dec 1, 2016
Slide 1: 3rd Quarter 2016 Webinar Series
3 rd Quarter 2016 Webinar Series
Slide 2: Third Quarter 2016 Investor Presentation
Third Quarter 2016 Investor Presentation Platform Advisor To Investment Programs
Slide 3: Important Information
Important Information 3 Risk Factors Investing in our common stock involves a high degree of risk . See the section entitled “Risk Factors” in our most recent Annual Report on Form 10 - K and Quarterly Report on Form 10 - Q for a discussion of the risks which should be considered in connection with
Slide 4: Principal investment objectives and strategic review
Our principal investment objectives are: • to acquire a diversified portfolio of healthcare - related assets including medical office buildings, seniors housing and other healthcare - related facilities that generate sustainable growth in cash flow from operations to pay monthly cash distributions;
Slide 5: Healthcare Trust, Inc.
Healthcare Trust, Inc. 5 Healthcare Trust, Inc. (including, as required by context, Healthcare Trust Operating Partnership, LP and its subsidiaries, the “Company” or “HTI”) invests in healthcare real estate, such as seniors housing and medical office buildings (“MOB”), in the United States for inves
Slide 6: Portfolio Snapshot
Portfolio Snapshot 6 ASSETS Medical Office Buildings 80 Seniors Housing – Operating 38 Seniors Housing – NNN 20 Post - Acute Care/Skilled Nursing 18 Hospitals 4 Land 2 Development 1 MOB Senior s Housing – Operating Senior s Housing – NNN Post Acute/ Skilled Nursing Hospitals Occupancy 1 91.3% 90.1%
Slide 7: Financial Overview
Financial Overview • Leverage is currently well below the target leverage as set forth in the investment guidelines in the Prospectus. • Low secured debt outstanding provides ample opportunity to expand the balance sheet. • Additional leverage and acquisitions could assist in distribution coverage f
Slide 8: Key Initiatives
Key Initiatives 8 • Access additional debt sources : Total debt to assets remains low at 28 . 0 % . Additional leverage is expected to improve cash flow and distribution coverage . • Deploy additional capital : HTI will continue to focus on the most attractive sectors in healthcare, including medica
Slide 9: 2016 portfolio performance focus
Focus of HTI for 2016 has been to improve portfolio performance by strengthening the company’s asset management platform to drive incremental performance by: • Adding two senior asset managers during the first half of 2016. • Replacement of underperforming operators and/or tenants in senior housing
Slide 10: Healthcare Market Overview
Healthcare Market Overview 10 • Medical office buildings continue to produce 3 % +/ - NOI growth ; stable outlook intact . Green Street Advisors: Health Care Sector Update, March 2, 2016 • Medical office remains an attractive sector due to stable cap rates, no direct government reimbursement exposur
Slide 11: Investing in Healthcare: Why Now?
Investing in Healthcare: Why Now? Rising Demand Due to Aging Demographics Affordable Care Act Fosters Increased Access to Healthcare; Rise in Demand Significant Growth in Healthcare Industry & Employment Deeply Fragmented Industry [1] “National Expenditure Projections 2014 - 2024 Table 2: National H
Slide 12: Healthcare Market Opportunity
Healthcare Market Opportunity 12 Healthcare Landscape – More than $1 Trillion of Healthcare Real Estate Value Hospital - Based Outpatient $42B Medical Office $250B Seniors Housing $163B Inpatient Rehab Facility $15B Skilled Nursing $104B LTAC Hospitals $18B Hospitals $304B Hospital - Based Outpatien
Slide 13: Organizational Depth
Organizational Depth 13 Leslie D. Michelson | Non - Executive Chairman, Audit Committee Chair Mr. Michelson has served as the chairman and chief executive officer of Private Health Management, a retainer - based primary care medical practice management company since April 2007. Mr. Michelson served
Slide 14: Consistent Distributions
Consistent Distributions 14 Since inception, Healthcare Trust, Inc. has paid out $ 5.70 per share of regular distributions in cash and DRIP. $ 5.70 per share (cumulative) (1) (1) Totals as of each period presented represent cumulative distributions per share paid to stockholders of record who have h
Slide 15: Share Repurchase Program
Share Repurchase Program 15 On June 30, 2016, HTI filed on Form 8 - K an announcement that its board has determined to amend the Company’s share repurchase program to provide for one twelve - month repurchase period for 2016 instead of two semi - annual periods ending June 30 and December 31. Follow
Slide 16: Risk Factors
Risk Factors 16 Our potential risks and uncertainties are presented in the section titled “Item 1A. Risk Factors” disclosed in our Annual Report on Form 10 - K for the year ended December 31, 2015 and updated in our Quarterly Reports on Form 10 - Q from time to time. The following are some of the ri
Slide 17: Risk Factors (cont'd)
Risk Factors (cont’d) 17 • We are obligated to pay fees, which may be substantial, to our Advisor and its affiliates. • We depend on tenants for our revenue and, accordingly, our revenue is dependent upon the success and economic viability of ou r t enants. • We may not be able to achieve our rental
Slide 18: Account information and contact details
▪ For account information, including balances and the status of submitted paperwork, please call us at (866) 902 - 0063 ▪ Financial Advisors may view client accounts, statements and tax forms at www.dstvision.com ▪ Shareholders may access their accounts at www.ar - global.com www.HealthcareTrustINC.
Healthcare Trust — Investor Presentation (December 2016) on 6ix