Healthcare Realty: Strong Leasing Velocity, Hefty Dispositions, And A Bold Capital Strategy

At the start of the year, HR's management announced an ambitious recapitalization strategy. Through a combination of asset sales, formation of joint ventures, and expansion of existing JVs, HR has raised nearly $500 million year to date. According to a press release from July 3rd, HR expects to surpass $1 billion of net proceeds from disposition and joint venture activity by year-end. As previously disclosed, KKR has committed up to an additional $600 million of capital to increase the potential value of it ...