Healthcare Realty Trust Incorporated HR

Company Overview

Healthcare Realty Trust Incorporated is a self-managed real estate investment trust (REIT) specializing in the ownership, acquisition, and management of medical office buildings (MOBs) and other healthcare-related outpatient facilities. The company operates within the U.S. healthcare real estate industry, with a primary focus on properties that support outpatient medical services and are typically affiliated with health systems or located on or near hospital campuses. Its core revenue driver is rental income generated from long-term leases with healthcare providers, physician groups, and hospital systems.

Founded in 1992, the company has evolved into one of the largest owners of medical office real estate in the United States. A significant milestone in its history was the 2022 merger with Healthcare Trust of America, Inc., which materially expanded its asset base, geographic reach, and tenant diversification. The combined platform strengthened the company’s positioning as a pure-play MOB REIT with scale advantages in operations, leasing, and capital markets access.