trending Market Intelligence /marketintelligence/en/news-insights/trending/ls2hjmsmmycgu7onfaxeog2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

MedEquities Realty Trust offers 2018 guidance

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition

Blog

Corporate Credit Risk Trends in Developing Markets: A Probability of Default Perspective


MedEquities Realty Trust offers 2018 guidance

MedEquities Realty Trust Inc offered guidance for full-year 2018 funds from operations per share of $1.17 to $1.21 and adjusted FFO of $1.18 to $1.22 while releasing its fourth-quarter 2017 results.

The S&P Capital IQ consensus estimate for full-year 2018 FFO is $1.21 per share.

On Nov. 10, 2017, the healthcare real estate investment trust acquired for $17.5 million a 23,619-square-foot acute care surgical hospital with four operating rooms. The property previously served as collateral for a $12.5 million interest-only mortgage loan, and the purchase price was satisfied by applying the outstanding $12.5 million aggregate principal amount on the mortgage note plus $5.0 million in cash.

The property was leased to AD Hospital East LLC under a 15-year triple-net lease with two 10-year renewal options at an initial yield of 9.6% with annual rent escalators.