Business Context and Reporting Period
This Form 8-K was filed by NNN Healthcare/Office REIT, Inc. (referred to in metadata as Healthcare Realty Trust Inc) on May 4, 2007. The report discloses a material acquisition event under Regulation FD.
Key Financial Metrics
The filing details a specific capital expenditure event but does not provide comprehensive financial statements for the period.
- Acquisition Cost: $21,500,000
- Assets Acquired: Yorktown Medical Center (Fayette County, Georgia) and Shakerag Medical Center (Peachtree City, Georgia).
- Revenue, Profit, Cash Flow, Debt, Liquidity: The filing text does not provide a clear value for these metrics.
Material Changes
The primary material change is the expansion of the company's property portfolio through the acquisition of two medical centers in Georgia. No comparative financial data or changes in operating metrics versus prior periods are included in this specific report.
Guidance, Outlook, and Risks
The filing incorporates a press release by reference but does not contain explicit management commentary, forward-looking guidance, or a discussion of risks and contingencies within the body of the 8-K text provided.
Investor Verification Checklist
- Verify the financing method used for the $21.5 million acquisition (debt vs. equity vs. cash on hand).
- Review the attached Exhibit 99.1 (Press Release) for details on the properties' occupancy rates and lease terms.
- Confirm the impact of this acquisition on the company's overall leverage ratios and liquidity position.
- Check subsequent filings for the closing date and final purchase price adjustments.