National Healthcare Properties, Inc. · NASDAQ:NHP
National Healthcare Properties — Healthcare Trust — Q2 2022 Earnings Presentation
22 slides from National Healthcare Properties's earnings presentation, Aug 31, 2022
Slide 1: Second Quarter 2022 Investor Webcast Presentation
Healthcare Trust, Inc. Second Quarter 2022 Investor Webcast Presentation 1
Slide 2: Q2'22 Company Overview
Q2’22 Company Overview HTI is a $2.6 billion(1) healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings (“MOB”) and Senior Housing Operating Properties (“SHOP”) ✓ High-quality portfolio featuring 199 healthcare properties that are 77% MOB and 23% SHOP(2) ✓ Hig
Slide 3: Portfolio Snapshot
Portfolio Snapshot HTI’s dynamic portfolio features an MOB portfolio that is 91% occupied with embedded long-term cash rent growth and an over 4,300-unit SHOP portfolio with significant Occupancy upside that is operated by four operators ($ in millions and SF in thousands) MOB SHOP Rentable Square F
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 $22 billion(1) ✓ Streamlined SHOP portfolio to only four operators, including tw
Slide 6: Revamped SHOP Marketing Program
Revamped SHOP Marketing Program In the second quarter of 2022, HTI’s SHOP operating partners launched a new social media marketing campaign that HTI's Advisor believes will significantly increase lead generation for the SHOP portfolio The new SHOP marketing campaign is a social media focused marketi
Slide 7: Diligent Acquisition Program
Diligent Acquisition Program In Q2’22, HTI acquired three properties for $18 million at an 8.6% weighted average Cap Rate and continues to diligently evaluate attractive MOB and SHOP acquisitions ($ in millions, square feet in thousands and lease term remaining in years) Wtd. Avg. Number of Square P
Slide 8: Conservative Leverage Profile
Conservative Leverage Profile In Q2’22, HTI continued to manage its capital structure and ensure financial flexibility and acquisition capacity by maintaining conservative Net Leverage (1) and ample Liquidity(1) Debt Capitalization(2) ($mm) Q2’21 Q2’22 Balanced Capital Structure Mortgage Notes Payab
Slide 9: Key Operating Highlights
Key Operating Highlights Year-over-year, HTI proactively managed the Company’s portfolio and positioned the Company for growth and as a result, increased MOB NOI, SHOP Occupancy, and generated a 67,600 SF MOB Leasing Pipeline Operating Highlights Durable and Resilient MOB NOI Performance(1) $24.1 ✓
Slide 10: Company Highlights
Company Highlights In the second quarter, HTI continued to focus on increasing Occupancy, acquiring high-quality MOB assets, enhancing its SHOP assets, and maintaining a conservative balance sheet ✓ High-Quality Portfolio of 199 healthcare properties comprised of 77% MOB and 23% SHOP properties(1) ✓
Slide 11: 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 12: Dedicated SHOP Team
Dedicated SHOP Team John Rimbach and his core team collectively have over 110 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 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 WUST 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) • 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 18: Appendix
HEA WUST 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 Three Months Ended June 30, 2022 Seniors Housing Medical Office — Operating (In thousands) Buildings Properties Consolidated Revenue from tenants $ 32,493 $ 51,333 $ 83,826 Property operating and maintenance 8,352 44,240 52,592 NOI $ 24,141 $ 7,093 $ 31,234 Im
Slide 21: Reconciliation of Non-GAAP Metrics: NOI
Reconciliation of Non-GAAP Metrics: NOI Six Months Ended June 30, 2022 Seniors Housing Medical Office — Operating (In thousands) Buildings Properties Consolidated Revenue from tenants $ 64,841 $ 102,635 $ 167,476 Property operating and maintenance 17,041 88,641 105,682 NOI $ 47,800 $ 13,994 $ 61,794
Slide 22: 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 22