Healthcare Realty Q3 2023 Earnings Report
Key Takeaways
Healthcare Realty Trust reported a net loss attributable to common stockholders of $67.8 million, or $0.18 per diluted common share, for the quarter ended September 30, 2023. Normalized FFO for the three months ended September 30, 2023 totaled $148.1 million, or $0.39 per diluted common share. Merger combined total same store cash NOI for the third quarter increased 2.3% over the prior year.
Normalized FFO per share totaled $0.39.
Merger combined total same store cash NOI for the third quarter increased 2.3% over the prior year.
Average occupancy increased 20 basis points to 89.2%.
The company executed new leases totaling 447,000 square feet in the quarter that will commence in future periods, an increase of 19% over the second quarter and 86% over the first quarter.