(CHCT) Community Healthcare Trust - Ratings and Ratios

Community Healthcare Trust Incorporated (NYSE: CHCT) is a Maryland-based healthcare real estate investment trust (REIT) established on March 28, 2014. The company specializes in acquiring, owning, and managing healthcare properties leased to hospitals, physician practices, and other healthcare providers. As of March 31, 2024, CHCT has invested approximately $1.1 billion across 197 properties, spanning 35 states and totaling 4.4 million square feet. The portfolio was 92.3% leased, excluding two properties classified as held for sale, with a weighted average lease term of 6.9 years. The companys assets include a mix of medical office buildings, inpatient rehabilitation hospitals, and other healthcare facilities, positioning it as a key player in the healthcare real estate sector.

CHCT operates with a focus on healthcare providers, offering lease structures that align with the operational needs of its tenants. The companys properties are concentrated in non-urban and suburban markets, where access to healthcare services is often limited. This strategic focus allows CHCT to capitalize on the growing demand for outpatient and ambulatory care services. The companys portfolio includes a sales-type lease with a gross value of $3.0 million and two properties held for sale totaling $7.5 million. CHCTs website is accessible at https://www.chct.reit.