KKR Sees Billion-Dollar Potential In A Growing Medical Area: Will Healthcare Realty Trust Be A Long-Term Winner?

Benzinga08-28

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. By 2040, adults 65 and older will represent 22% of the American population. Changing demographics ...

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Changing demographics ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kkr-sees-billion-dollar-potential-220018304.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KKR Sees Billion-Dollar Potential In A Growing Medical Area: Will Healthcare Realty Trust Be A Long-Term Winner?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKKR Sees Billion-Dollar Potential In A Growing Medical Area: Will Healthcare Realty Trust Be A Long-Term Winner?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 06:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kkr-sees-billion-dollar-potential-220018304.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.\nBy 2040, adults 65 and older will represent 22% of the American population. Changing demographics ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kkr-sees-billion-dollar-potential-220018304.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/kkr-sees-billion-dollar-potential-220018304.html","article_id":"2462512563","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZyIuSSnklKKcLOSENP0V2w--~B/aD00ODA7dz03MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/benzinga_79/664618add73525c98422c4e2e201814a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462512563","pubTimestamp":1724796018,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.Like some of the other health care REITs, Healthcare Realty Trust has been a bit battered by the market and has struggled with the impact of the bankruptcy of ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","HR":"医疗保健房地产信托","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4203":"医疗保健房地产投资信托","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","BK4020":"通信设备","BK4588":"碎股","LU1935042488.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","LU1935043536.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (SGDHDG) INC A","HCSG":"医疗保健服务","BK4135":"资产管理与托管银行","LU1935042215.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (USD) INC A","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","BK4225":"医疗保健房地产信托","BK4137":"综合支持服务","LU0106831901.USD":"贝莱德世界金融基金A2","MOB":"Mobilicom Limited","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","KKR":"KKR & Co L.P.","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD"},"translate_title":"KKR在不断增长的医疗领域看到了数十亿美元的潜力：医疗保健房地产信托会成为长期赢家吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MOB":1,"HCSG":1,"KKR":1,"HR":0.9},"content_text":"Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.\nBy 2040, adults 65 and older will represent 22% of the American population. Changing demographics often lead to new areas of investment. The need for flexible health care options drives the growth of medical outpatient buildings (MOB). In an April report on the demand for medical outpatient buildings, Jay Johnson, U.S. Practice Leader, Healthcare Markets at real estate firm JLL, said that the shift to outpatient care will increase demand and that health systems will expand their outpatient facilities. “These positive dynamics are likewise driving investor interest in medical properties and beating other real estate investment sectors,” said Johnson. \nCheck It Out:\n\nA billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today. This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.\nThis billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10.This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus. Read them carefully before investing.\n\nOne of the biggest alternative asset managers, KKR & Co. (NYSE:KKR), may be ahead of the curve with a large investment in a joint venture with Healthcare Realty Trust (NYSE:HR). The partnership was first announced in May but has recently expanded. The initial agreement called for Healthcare Realty to put 12 properties into the venture. The properties were valued at nearly $383 million and were 98% occupied. They are located in seven top markets and on or near hospital campuses. KKR made an equity contribution equal to 80% of the value of the properties while Healthcare Realty retained 20% interest. At the time of the announcement, KKR said it committed up to $600 million to the venture to invest in acquisitions or other assets. \nA few months later, Healthcare Realty Trust announced it contributed $118 million in additional properties. The JV’s value is approaching $500 million, which could be just the beginning. Health care Realty Trust has sold other properties outside of the joint venture, and it hopes to raise $1 billion in proceeds from asset sales and JV transactions. It has a second joint venture with Nuveen, which expects to contribute around $400 million in assets. \nTime To Invest In Healthcare Realty Trust?\nLike some of the other health care REITs, Healthcare Realty Trust has been a bit battered by the market and has struggled with the impact of the bankruptcy of Steward Health, one of its tenants. The company operates 673 properties across 35 states, mostly on or adjacent to hospital campuses. The stock is down over 46% over the past five years but is up over 2.4% this year. It has a dividend yield of 7.05% with an annual payout of $1.24. Analysts are mixed on its prospects and it currently has a consensus of Neutral. However, since the initial announcement of the joint venture with KKR, seven analysts have raised their target price. \nRead More:\n\nCan you guess how much the average retirement account balance is? Here’s a hint — it’s only slightly more than a year’s worth of expenses.\nCommercial real estate has historically outperformed the stock market. This platform allows accredited investors to invest in commercial real estate, invest today for a 1% boost.\n\nThe company reported earnings at the start of August. It improved tenant retention to 85.5% compared to 84.8% in the first quarter 2024 and 79.3% for the full year 2023. It had 423,000 square feet of new leases during the quarter. CEO Todd Meredith told analysts the company is increasing 2024 FFO guidance based on strong first-half results and that full dividend coverage is well within reach. “External tail winds of limited MOB supply and robust outpatient demand are bolstering our outlook for the second half of '24 and 2025,” said Meredith.\nHealth care Realty Trust seems to have a solid plan to improve its bottom line. The partnership with KKR as well as other joint ventures represents a growth opportunity and a way to raise funds. Although there are still challenges ahead and the health care industry is experiencing a wide variety of pressures, the long-term demographics favor the growth of medical outpatient operators. \nBetter Yields Than Some REITs?\nThe current high-interest-rate environment has created an incredible opportunity for income-seeking investors to earn massive yields, but not through REITs.\nArrived Homes, the Jeff Bezos-backed investment platform has launched its Private Credit Fund, which provides access to a pool of short-term loans backed by residential real estate with a target 7% to 9% net annual yield paid to investors monthly. It paid 8.1% in July. The best part? Unlike other private credit funds, this one has a minimum investment of only $100. \nAs long-term rates go down and short-term rates stay high, there’s a unique chance to invest in fix & flip loans before yields drop. Check out Benzinga's favorite high-yield offerings. \nThis article KKR Sees Billion-Dollar Potential In A Growing Medical Area: Will Healthcare Realty Trust Be A Long-Term Winner? originally appeared on Benzinga.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462512563"}