Healthcare Realty Trust rporated(US:HR)2026-02-13 21:16Real Estate Investments - The Company had gross investments of approximately $10.3 billion in 502 consolidated real estate properties as of December 31, 2025[10]. - The total real estate investments amounted to $10.29 billion with an occupancy rate of 90.4% across 502 properties[10]. - The Company’s total investments, including unconsolidated joint ventures, amounted to approximately $10.7 billion as of December 31, 2025[10]. - The occupancy rate for medical office/outpatient properties was 89.6%, while inpatient properties had a 100% occupancy rate as of December 31, 2025[10]. - The Company’s properties are primarily located on or near acute care hospital campuses, aiming to reduce financial and operational risk by focusing on high-growth markets[19]. - As of December 31, 2025, the Company had 5,730 leases covering a total of 25,988,658 square feet[16]. - The weighted average remaining years to expiration of the Company's leases was approximately 4.4 years as of December 31, 2025[15]. - The Company’s real estate portfolio is leased to a diverse tenant base, with no single tenant accounting for 10% or more of consolidated revenues for the year ended December 31, 2025[14]. Property Dispositions and Development - In 2025, the Company disposed of 70 properties for total sales prices of approximately $1.1 billion, yielding net cash proceeds of about $1.0 billion[20]. - The Company funded $136.6 million toward the development and redevelopment of properties in 2025[21]. - The weighted average capitalization rate for property sales in 2025 was 6.7%[20]. Liquidity and Financial Management - The Company expects to meet its liquidity needs through cash on hand, cash flows from operations, asset sales, and equity and debt issuances[18]. - The Company is subject to numerous federal, state, and local environmental laws that could impose significant liabilities related to hazardous substances[32]. Employee and Workforce Management - The Company employed 539 people as of December 31, 2025, focusing on diversity and inclusion in its workforce[36]. - The Company offers a dollar-for-dollar match on 401(k) contributions up to $2,800, encouraging higher employee savings[41]. - The Company pays 100% of long-term disability and life insurance premiums, and provides tuition reimbursement up to $3,000 annually for employees pursuing higher education[41]. - The Company offers health benefits and 401(k) eligibility starting on the first day of employment, with a dollar-for-dollar match on 401(k) contributions up to $2,800[41]. Environmental, Social, and Governance (ESG) Practices - The Company has adopted various frameworks for ESG performance, including participation in the annual GRESB Assessment[41]. - The Company's Board of Directors is committed to overseeing the integration of ESG principles throughout the Company, with executive officers' incentive programs including ESG performance measures[40]. - The Company aims to drive positive impact while mitigating risk and creating long-term value for stakeholders, including tenants, investors, employees, and communities[42]. - The Company is working toward expanding its climate risk and resiliency strategies in alignment with the Task Force on Climate-Related Disclosure[43]. - The Company participates in the annual GRESB Assessment and aligns its reporting disclosures with the Sustainability Accounting Standards Board[41]. Corporate Governance - The Company makes its Proxy Statement, Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q available to the public free of charge on its website[44]. - The Company has adopted Corporate Governance Principles relating to the conduct and operations of the Board of Directors, which are available on its website[45]. - The Board of Directors has established an Audit Committee, Compensation and Human Capital Committee, and Nominating and Corporate Governance Committee, with written charters posted online[46]. - Information regarding the executive officers of the Company is available in Part III, Item 10 of the report[47]. Competition and Market Position - The Company faces competition from various entities in acquiring and developing healthcare properties, which may affect its operational results[23].