National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Q3 2020 Earnings Presentation
21 slides from National Healthcare Properties's earnings presentation, Dec 10, 2020
Slide 1: Third Quarter 2020 Investor Webcast Presentation
1 Healthcare Trust, Inc. Third Quarter 2020 Investor Webcast Presentation
Slide 2: Strategic Overview
2 Strategic Overview (1) Based on total real estate investments, at cost of $2.6 billion, assets held for sale at carrying value of $10.1 million, net of gross market lease intangible liabilities of $11.1 million as of September 30, 2020. (2) Percentages are based on NOI for the nine months ended Se
Slide 3: Third Quarter Cash Rent Collection
3 99% < 1% < 1% Third Quarter Cash Rent Paid Approved Agreement Other Third Quarter Cash Rent Collection (excludes SHOP) HTI’s proactive and focused effort in response to the COVID - 19 pandemic resulted in substantial rent collection successes with nearly all of third quarter original Cash Rent due
Slide 4: (1) Based on square footage as of September 30, 2020. Excludes SHOP and the
4 (1) Based on square footage as of September 30, 2020. Excludes SHOP and the Company’s development property in Jupiter, Florida th at was substantially completed in the fourth quarter of 2019. Although a portion of the development property has been leased as of September 30, 2020, the property will
Slide 5: Dynamic Portfolio Fundamentals
5 51% 40% 9% MOB SHOP NNN FL 16% PA 15% IL 9% GA 8% MI 8% IA 6% AZ 5% TX 5% CA 5% WI 4% Other 19% Dynamic Portfolio Fundamentals HTI is focused on deploying capital into select high quality assets located throughout the United States Select Geographic Mix (1) Percentages are based on NOI for the nin
Slide 6: Strategic Partners
6 x DaVita (NYSE: DVA) and Fresenius (NYSE: FMS) are industry leading publicly traded companies with a combined market cap of $38 billion (1) x UPMC is a leading health enterprise with over 90,000 employees and 700 clinical locations x The SHOP portfolio features an offering of core operating brands
Slide 7: Diligent Acquisition Program
7 Year to date, HTI closed on $104 million of diligent acquisitions at a 6.9% weighted average Cap Rate plus a fourth quarter pipeline of $18.5 million as we seek to opportunistically acquire accretive acquisitions (1) Represents the contract purchase price and excludes acquisition costs which are c
Slide 8: Debt Capitalization
8 Debt Capitalization (1) ($mm) Mortgage Notes Payable $551 Fannie Mae Master Revolving Credit Facilities $359 Total Secured Debt $910 Credit Facility – Revolving Credit Facility and Term Loan (2) $346 Total Unsecured Debt (2) $346 Total Debt $1,256 Weighted Average Interest Rate (3) 3.6% Key Capita
Slide 9: Enhanced Performance
9 $280.4 $290.7 YTD 2019 YTD 2020 4.5% 3.6% Q3 2019 Q3 2020 Enhanced Performance HTI remains focused on increasing revenues while driving down the cost of debt Real Estate Investments (1) Revenues from Tenants Weighted Average Interest Rate (2) ($ in millions) $2.5 Billion $2.6 Billion Q3 2019 Q3 20
Slide 10: Company Highlights
10 Company Highlights HTI remains focused on growing the Company’s high - quality MOB and SHOP portfolios while maintaining moderate leverage and decreasing the Company’s overall interest rate x HTI Received approximately 100% of original third quarter Cash Rent due from its MOB and NNN portfolio (1
Slide 11: Experienced Leadership Team
11 Experienced Leadership Team Katie Kurtz Chief Financial Officer, Secretary, and Treasurer Ms . Kurtz currently serves as the Chief Financial Officer, Treasurer and Secretary of the Company . Ms . Kurtz is also Chief Financial Officer for American Finance Trust, Inc . (NASDAQ : AFIN) . She is a ce
Slide 12: Dedicated SHOP Team
12 Dedicated SHOP Team Kimberly Holmes: VP – Operational Analytics ▪ 25 year career in senior housing and hospitality ▪ Her work on financial analysis, planning and benchmarking will translate into operational plans and action items for the portfolio Susan K. Rice, RN: VP – Clinical Operations ▪ 30
Slide 13: Board of Directors
13 Board of Directors Lee M. Elman Independent Director Independent director of the Company since August 2015 Founder & President of Elman Investors Inc., an international real - estate investment banking firm 40+ years of real estate investment experience in the US and abroad Mr. Elman hold
Slide 14: Legal Notice
14 Legal Notice
Slide 15: Disclaimer
15 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 state ments
Slide 16: Forward Looking Statements
16 Forward Looking Statements Certain statements made in this presentation are “forward - looking statements” (as defined in Section 21E of the Exchange Act), w hich reflect the expectations of the Company regarding future events. The forward - looking statements involve a number of risks, uncertain
Slide 17: Forward Looking Statements (Continued)
17 Forward Looking Statements (Continued) • We focus on acquiring and owning a diversified portfolio of healthcare - related assets located in the United States and are subje ct to risks inherent in concentrating investments in the healthcare industry. • If our Advisor loses or is unable to obtain q
Slide 18: Appendix
18 Appendix
Slide 19: Definitions
19 Definitions Cap Rate : Capitalization rate is a rate of return on a real estate investment property based on the expected, annualized straight - lined rental income that the property will generate under its existing lease during its first year of ownership . Capitalization rate is calculated by d
Slide 20: Reconciliation of Non-GAAP Metrics: NOI
20 Reconciliation of Non - GAAP Metrics: NOI Nine Months Ended September 30, 2020 (In thousands) Medical Office Buildings Triple - Net Leased Healthcare Facilities Seniors Housing — Operating Properties Consolidated Revenue from tenants $ 77,970 $ 11,934 $ 200,830 $ 290,734 Property operating and ma
Slide 21: HealthcareTrustInc.com
21 HealthcareTrustInc.com ▪ 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 ▪ Shareholders may access their accounts at www.computershare.com/hti