Healthcare Realty Trust Says Expansion Of Joint Venture With Nuveen Shows Steady Progress Towards Goal Of Generating More Than $1B In Capital
Portfolio Pulse from Benzinga Newsdesk
Healthcare Realty Trust has expanded its joint venture with Nuveen, aiming to generate over $1 billion in capital. The new 80/20 joint venture has secured financing for 40% of its contribution value, bringing the total value of joint ventures with Nuveen to over $600 million.
September 03, 2024 | 9:02 pm
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Healthcare Realty Trust has expanded its joint venture with Nuveen, securing financing for 40% of the contribution value. This expansion increases the total value of their joint ventures to over $600 million, with a goal of generating more than $1 billion in capital.
The expansion of the joint venture with Nuveen and the secured financing for 40% of the contribution value is a positive development for Healthcare Realty Trust. It indicates progress towards their goal of generating over $1 billion in capital, which could enhance their financial position and growth prospects.
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