Men's health group plans to open clinic at Saint Thomas Midtown

Facility would be company's 24th
May 9, 2014 6:48 AM

Earnings wrap: FirstBank, Healthcare Realty

Margins rise further at community bank; REIT leasing up buildings in transition
May 1, 2014 7:24 AM

Fitch: Healthcare Realty metrics improving

Analysts at credit rating agency Fitch have given Healthcare Realty Trust's new $200 million term loan a BBB- rating, the same as its opinion of the company as a whole. The firm says it likes the look of the medical office real estate investment trust's business but is keeping an eye on how slower leasing activity might affect its dividend coverage.

But maybe, just maybe, there's an upgrade in the company's future: Fitch's analysts say their models have the 2015 ratio of Healthcare Realty's net debt to recurring operating EBITDA at 6.5 times, "which may be consistent with a higher rating all else being equal."

Mar 13, 2014 9:53 AM

$200M term loan for Healthcare Realty

Healthcare Realty Trust last week signed papers for a new $200 million, five-year term loan that carries the nice and low interest rate of LIBOR plus 1.45 percent. Along with the banking names you'd expect to find on such a deal — including Wells Fargo, PNC and U.S. Bank — are more local names First Tennessee and Pinnacle.

Mar 4, 2014 8:41 AM

One City developer seeks height limit increase for future buildings

Project's first office structure set to land two more tenants
Feb 21, 2014 12:10 PM

24|40 refis MOB portfolio

The commercial mortgage team at 24|40 Real Estate Capital Advisors recently wrapped up a $28.5 million, 10-year refinancing secured by a portfolio of five local medical office properties. The Class A buildings are owned by a unit of Florida-based Kurtell Growth Industries and are in Brentwood, Bellevue, Cool Springs and Lebanon. Handling the deal for 24|40 were Senior Vice President Alan Schork and Managing Partner Carl Bedwell.

Jan 29, 2014 8:38 AM

Analyst action: Clarcor, Healthcare Realty

Richard Eastman at Robert W. Baird says investors should take a more cautious stance on Clarcor following the Franklin-based filtration company's earnings report. He has cut his rating to 'neutral' from 'outperform' and trimmed his price target to $59 from $62. Clarcor (Ticker: CLC) was changing hands at $58.40 in early Friday trading.

Analysts at JPMorgan have similarly lowered their opinion of Healthcare Realty Trust to 'neutral' from 'overweight' and taken down their target to $23 from $26. Shares of Healthcare Realty (Ticker: HR) were down slightly at $22.32 this morning. They've fallen about 8 percent in the past three months.

Jan 17, 2014 10:28 AM

Earnings wrap: CHS, Healthcare Realty

Hospital operator close to big DOJ settlement, REIT lifts occupancy rate
Oct 31, 2013 12:29 PM

oneC1TY site changes ownership hands

Dallas-based Cambridge Holdings Inc. has bought from Health Care REIT the land on which the mixed-use One City (stylized as oneC1TY) will rise, The Tennessean reports. In addition, Cambridge, (check the company's work here) has hired Ryan Doyle, who had been with Health Care REIT, to serve as general manager. The oneC1TY site spans 19 acres located bordered on the west by 28th/31st Avenue Connector, on the north by Charlotte Avenue. Cambridge's Physicians Medical Center of San Diego is seen below.

 

Aug 30, 2013 10:30 AM

Future One City tenant anticipates groundbreaking within 60 days

Tennessee Orthopaedic Alliance targets January 2015 move-in date
Jul 18, 2013 7:32 AM