Healthcare Trust, Inc. is a publicly listed real estate investment trust (REIT) that strategically builds its portfolio by acquiring a diverse range of healthcare properties across the United States. The company places a particular emphasis on investments in senior living communities and medical office buildings.
National Healthcare Properties Announces Redemption of All Outstanding Preferred Stock
National Healthcare Properties announced it will redeem all outstanding shares of its 7.375% Series A and 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock.
The redemption covers 3,289,061 Series A shares and 2,850,427 Series B shares at a price of $25.00 per share plus accrued dividends, with respective redemption dates of September 4 and October 6, 2026.
This action removes the high-yield dividend obligations associated with these preferred issues, effectively deleveraging the company's capital structure.