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Healthcare Realty Trust Expands Nuveen JV, Bringing Total Year-to-Date Proceeds to Approximately $700 Million
HRHealthcare Realty Trust rporated(HR) GlobeNewswire News Room·2024-09-03 21:00

NASHVILLE, Tenn., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE:HR) completed the contribution of eight properties for 193millioninajointventurewithNuveenRealEstate("Nuveen").Thenew80/20JVobtainedsecuredfinancingforapproximately40193 million in a joint venture with Nuveen Real Estate ("Nuveen"). The new 80/20 JV obtained secured financing for approximately 40% of the contribution value. This previously announced JV expansion brings the total value of JVs with Nuveen to over 600 million. Year-to-date the Company has completed over $800 million of joint venture and asset sales transac ...