National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Q2 2017 Earnings Presentation
16 slides from National Healthcare Properties's earnings presentation, Sep 12, 2017
Slide 1: Healthcare Trust, Inc. 2nd Quarter 2017 Investor Presentation
HEALTHCARE TRUST, INC. 2 nd Quarter 2017 Investor Presentation
Slide 2: Important Information
2 Important Information Risk Factors For a discussion of the risks which should be considered in connection with our company, see the section entitled “Risk Factors” in our most recent Annual Report on Form 10 - K filed with the SEC on March 21 , 2017 . Forward - Looking Statements This presentation
Slide 3: Healthcare Trust, Inc.
3 Healthcare Trust, Inc. Healthcare Trust, Inc. (including, as required by context, Healthcare Trust Operating Partnership, L.P. and its subsidiaries, the “Company” or “HTI”) invests in healthcare real estate, focusing on seniors housing and medical office buildings (“MOB”), in the United States for
Slide 4: Portfolio Snapshot (As of June 30, 2017)
4 Portfolio Snapshot (As of June 30, 2017) PROPERTIES Medical Office Buildings 80 Seniors Housing – Operating 50 Seniors Housing – NNN 8 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
Slide 5: Financial Overview
5 Financial Overview • Low leverage provides what we believe to be ample opportunity to expand the balance sheet. • Additional acquisitions, which may require additional leverage, could assist in distribution coverage from cash flow from operations. • Estimated per - share net asset value as of Dece
Slide 6: Corporate Initiatives
6 Corporate Initiatives ▪ Deploy additional capital: HTI will continue to focus on the most attractive sectors in healthcare, particularly medical office and seniors housing, and is actively pursuing acquisitions. ▪ Complete the HT III acquisition: On June 16, HTI entered into a purchase agreement w
Slide 7: Portfolio Initiatives
7 Portfolio Initiatives Medical Office Building and Hospital Portfolio: ▪ On July 13, 2017, the Company closed on a $13.5 million acquisition of an MOB in Canton, GA. The property comprises approximately 38,100 rentable square feet and is 100% leased, under two leases, to a single tenant. The leases
Slide 8: Investing in Healthcare: Why Now?
8 Healthcare is a $3.4 trillion industry projected to grow to over $5.5 trillion by 2025¹ Investing in Healthcare: Why Now? (1) National Health Expenditure Projections 2016 - 2025. Table 2: National Health Expenditure Amounts and Annual Percent Change by Ty pe of Expenditure: Calendar Years 2009 - 2
Slide 9: Healthcare Market Overview
9 Healthcare Market Overview ▪ Medical office fundamentals are steady, leading to a further decline in cap rates . Green Street expects 2 . 4 % annual NOI growth for medical office properties between 2017 and 2021 . 1 ▪ Medical office remains an attractive sector due to stable cap rates, no direct g
Slide 10: Healthcare Market Opportunity
10 Healthcare Market Opportunity Hospital - Based Outpatient $42B Medical Office $250B Seniors Housing $163B Inpatient Rehab Facility $15B Skilled Nursing $104B LTAC Hospitals $18B Hospitals $304B Hospital - Based Outpatient $45B Small Physician Clinics $220B MOB / Outpatient $250B Residential Care
Slide 11: Organizational Leadership
11 Organizational Leadership 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 se
Slide 12: Cumulative Distributions
12 Cumulative Distributions Since inception through June 30, 2017, Healthcare Trust, Inc. has paid out $6.92 per share of regular distributions in cash, including distributions reinvested in the DRIP. $6.92 per share (cumulative) (1) $- $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 $7.00 $8.00 May-13 Jul-13 S
Slide 13: Supplemental Information
13 Supplemental Information Distribution Rate: ▪ On March 9, 2017, HTI filed a current report on Form 8 - K to announce that the Board had authorized a reduction in the distribution rate from $1.70 per share on an annualized basis to $1.45 per share on an annualized basis. This represents a change i
Slide 14: Risk Factors
14 Risk Factors Our potential risks and uncertainties are presented in the section titled “Item 1A. Risk Factors” disclosed in our Annual Rep ort on Form 10 - K for the year ended December 31, 2016 and updated in our Quarterly Reports on Form 10 - Q from time to time. The following are some of the r
Slide 15: Risk Factors (Continued)
15 Risk Factors (Continued) ▪ The healthcare industry is heavily regulated, and new laws or regulations, changes to existing laws or regulations, loss of l ice nsure or failure to obtain licensure could result in the inability of tenants to make lease payments to us. ▪ We are depending on our Adviso
Slide 16: HealthcareTrustInc.com
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, statements and tax forms at www.dstvision.com ▪ Shareholders may access their accounts at www.ar - global.com