Company Overview

Community Healthcare Trust Incorporated (“CHCT”) is a real estate investment trust (REIT) focused on owning and acquiring healthcare-related properties in the United States. The company primarily invests in outpatient healthcare facilities and other real estate assets that are leased to healthcare service providers. CHCT operates within the healthcare real estate and commercial REIT industries, with an emphasis on properties that support localized and community-based healthcare delivery. Its revenue is primarily generated through long-term lease agreements with healthcare operators, physician groups, hospitals, and outpatient service providers.

The company’s portfolio includes medical office buildings, physician clinics, ambulatory surgery centers, behavioral health facilities, inpatient rehabilitation facilities, and specialty healthcare properties. CHCT has positioned itself as a niche healthcare REIT focused largely on secondary and non-urban markets where competition from larger institutional investors is comparatively lower. The company was founded in 2014 and completed its initial public offering the same year. Since its formation, CHCT has expanded its portfolio through targeted acquisitions designed to increase geographic diversification and tenant stability.

Business Operations

CHCT operates primarily through a single reportable segment centered on healthcare real estate ownership and leasing activities. Its core business model involves acquiring, owning, and managing healthcare properties that are leased under long-term agreements, frequently structured as triple-net or absolute-net leases. These arrangements typically place responsibility for taxes, maintenance, and insurance on tenants, supporting relatively predictable rental income streams. The company’s portfolio includes properties affiliated with regional hospitals, independent physician practices, behavioral health providers, and outpatient care networks.

Operations are concentrated domestically within the United States, with investments spanning multiple states and healthcare service categories. CHCT controls a diversified portfolio of healthcare assets and works with a broad tenant base rather than relying heavily on a single operator. The company has historically pursued relationships with regional healthcare systems and physician groups to source acquisition opportunities. While CHCT does not operate healthcare facilities directly, its strategic value derives from property ownership, tenant relationships, and specialized healthcare real estate expertise.

Strategic Position & Investments

CHCT’s strategic direction has focused on disciplined acquisition growth, portfolio diversification, and maintaining exposure to outpatient and community-based healthcare delivery trends. The company has emphasized investments in medical office buildings and specialty healthcare facilities that benefit from demographic trends such as population aging, increased healthcare utilization, and migration toward lower-cost outpatient care settings. Management has also highlighted tenant diversification and conservative balance sheet management as important strategic priorities.

The company has completed numerous acquisitions of healthcare properties across the United States, including medical office facilities, behavioral health centers, and rehabilitation properties. CHCT’s investment approach has generally targeted smaller transactions and secondary markets that may be underserved by larger institutional healthcare REITs. The company has also pursued development and redevelopment opportunities selectively when aligned with healthcare system demand and long-term leasing visibility. Public filings indicate continued interest in expanding outpatient-focused assets and healthcare infrastructure tied to regional provider networks.

Geographic Footprint

CHCT is headquartered in Franklin, Tennessee, and operates exclusively within the United States. Its portfolio spans multiple states across regions including the Southeast, Midwest, Southwest, and portions of the Northeast and Mountain West. The company’s properties are generally located in suburban, regional, and secondary metropolitan markets rather than major gateway cities.

The company’s geographic diversification strategy is intended to reduce concentration risk while maintaining exposure to local healthcare demand drivers. CHCT has established a broad national footprint through acquisitions in numerous healthcare markets, with investments serving community hospitals, physician networks, outpatient providers, and specialty care operators. Public disclosures indicate that the company continues to evaluate opportunities across multiple U.S. healthcare real estate markets.

Leadership & Governance

CHCT is governed by a board of directors and executive management team with backgrounds in healthcare real estate, investment management, finance, and healthcare operations. The company’s leadership has consistently emphasized disciplined capital allocation, tenant relationship management, and long-term portfolio stability. Strategic communications in public filings and investor materials have focused on sustainable growth, conservative leverage practices, and expansion within community-oriented healthcare real estate markets.

Key executives include:

• Timothy G. Wallace – Chairman, President and Chief Executive Officer
• Ronald M. Mullins – Executive Vice President and Chief Financial Officer
• David M. Nevins – Executive Vice President and Chief Operating Officer
• Andrew A. Schaeffer – Executive Vice President of Asset Management

Information regarding leadership roles, operating strategy, and governance structure has been consistently reflected in SEC filings, investor presentations, and public company disclosures. Data regarding certain strategic initiatives and market positioning is based on management commentary and publicly available corporate materials.