May 1, 2024 3:09 pm
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Scottsdale REIT quickens investment pace in 2nd quarter

hta-logoBy Russ Wiles | The Republic | azcentral.com

Scottsdale-based Healthcare Trust of America said it closed on $190 million worth of property acquisitions in the second quarter as its acquisition activity picked up.

The company is a REIT, or real estate investment trust, that owns and manages medical office buildings. Its second-quarter acquisitions dwarfed the $36 million spent in the first quarter.

Changes permeating the health-care industry have presented more opportunities for the company to make property acquisitions.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.