National Healthcare Properties ( (HLTC) ) has issued an update.
National Healthcare Properties, Inc. presented its fourth quarter and full year 2024 financial results, highlighting significant achievements in portfolio performance and financial leverage. The company reported a substantial increase in Adjusted Funds from Operations (AFFO) and a decrease in net debt to annualized adjusted EBITDA, driven by strategic dispositions and internalization of management. The company completed the sale of 26 assets for $233 million and reduced its outstanding secured debt, positioning itself for future growth and a potential public listing. These efforts reflect NHP’s commitment to enhancing its market position and delivering value to stakeholders.
More about National Healthcare Properties
National Healthcare Properties, Inc. operates in the healthcare real estate sector, focusing on outpatient medical facilities and senior housing operating properties. The company manages a portfolio of properties across the United States, aiming to deliver strong returns through strategic partnerships with leading healthcare institutions and senior housing operators.
YTD Price Performance: -33.40%
Average Trading Volume: 734
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $151.1M
See more data about HLTC stock on TipRanks’ Stock Analysis page.