Healthcare Trust Of America Gets a Big Upgrade

Last week, S&P upgraded Healthcare Trust of America's (NYSE: HTA  ) investment grade credit rating to BBB, with a stable outlook. S&P specifically cited Healthcare Trust of America's well occupied, on-campus medical office building portfolio, conservative credit metrics, and the successful progress of the company's in-house asset management and leasing platform as rationale for the upgrade.

As an owner of Healthcare Trust of America, the S&P upgrade confirms my stock picking decision as one based on sound value investing principles. In other words, it's my goal to own high-quality REITs that offer a steady dividend with the prospects for solid share price appreciation. Healthcare Trust of America is now only one of four health care REITs with a rating of BBB or higher; Ventas, Inc. and HCP, Inc. both have an S&P rating of BBB+ and Health Care REIT is rated BBB.

Recently I visited HTA's corporate headquarters in Scottsdale Arizona to provide you this exclusive Motley Fool interview with Scott Peters, CEO of HTA.

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  • Report this Comment On May 31, 2014, at 12:30 PM, RondoAZ wrote:

    I am an investor in HTA common.

    Originally, I became interested in HTA when my wife was in the hospital in Greenville, SC. Several of the buildings, mostly newer, were owned and leased back by HTA. This is a demographically growing area with increasing investment by major employers, and desirable living standards.

    So, I looked at the other properties of the company, as well as its financials and strategies.

    While on a trip to Arizona, I stopped into the offices of HTA and was provided some one-on-one time by an member of the executive team. This was just after their December announcement of increased capital availability, and new projects in Florida.

    In general, the management is open, has a strategy that I believe will be successful in multiple ways, and is competent.

    I will look to increase my holdings on regular basis and for the long term.

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