Healthcare Realty Q2 2023 Earnings Report
Key Takeaways
Healthcare Realty Trust reported a net loss attributable to common stockholders of $82.8 million, or $0.22 per diluted common share, for the quarter ended June 30, 2023. Normalized FFO for the quarter totaled $149.8 million, or $0.39 per diluted common share. Merger Combined Same Store cash NOI increased 2.1% over the prior year.
Normalized FFO per share totaled $0.39.
Merger Combined Same Store cash NOI increased 2.1% over the prior year.
Average in-place rent increases of 2.7%.
The total portfolio leased percentage was 88.9% at June 30.
Healthcare Realty
Healthcare Realty
Healthcare Realty Revenue by Segment
Forward Guidance
The Company expects to generate over $300 million of proceeds related to properties under contract or letters of intent that are expected to be sold by year-end. Leverage is expected to decline from additional asset sales and underlying portfolio NOI growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income