AcquisitionsManagement has accelerated its acquisition pace and closed on $80 million in acquisitions, with another portfolio under contract for $70 million.
Financial PerformanceThe company maintained very high occupancy at 96.1%, supported by high credit healthcare operators with a strong 4.6x rent coverage ratio.
LeasingThe announcement of a replacement tenant for a hospital previously leased by Steward Healthcare removes an overhang and strengthens the company's leasing position.