| Market Capitalization (Millions $) |
395 |
| Shares
Outstanding (Millions) |
27 |
| Employees |
35 |
| Revenues (TTM) (Millions $) |
125 |
| Net Income (TTM) (Millions $) |
20 |
| Cash Flow (TTM) (Millions $) |
-2 |
| Capital Exp. (TTM) (Millions $) |
104 |
Business Description
Community Healthcare Trust Inc. (CHCT) is a healthcare real estate investment trust (REIT) that focuses on acquiring and owning healthcare facilities across the United States. The company was founded in 2014 and is headquartered in Franklin, Tennessee.
As a REIT, CHCT is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. The company's portfolio includes medical office buildings, outpatient facilities, and senior housing properties. These properties are typically leased to healthcare providers on long-term contracts, providing a stable stream of rental income for CHCT and its shareholders.
CHCT's portfolio is currently comprised of over 120 properties spanning 32 states, with a total of over 3 million square feet of leasable space. The company's properties are primarily located in suburban and secondary markets, with a focus on areas with strong demographic and economic fundamentals.
The company's management team and board of directors have extensive experience in healthcare real estate and are committed to maintaining a conservative approach to investing and managing the company's assets. CHCT's investment strategy focuses on targeting assets with long-term lease agreements, strong credit profiles, and predictable cash flows.
CHCT is also committed to sustainable and responsible business practices, including reducing its environmental impact through energy-efficient building practices and reducing waste. The company has been recognized for its sustainability efforts, including receiving the 2019 "Green Lease Leader" award from the Institute for Market Transformation.
Overall, CHCT is a well-established healthcare REIT with a strong portfolio and experienced management team. The company's focus on stable, long-term lease agreements and sustainable business practices position it well for continued growth and success in the healthcare real estate market.
Company Address: 3326 Aspen Grove Drive Franklin 37067 TN
Company Phone Number: 771-3052 Stock Exchange / Ticker: NYSE CHCT
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