Articles from Physicians Realty Trust

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2023.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending December 31, 2023. “We are proud to declare and pay our 42nd consecutive quarterly dividend. Our outpatient medical facilities continue to perform as expected, and we look forward to continued focus on operational excellence and cash flow growth. We are excited about our pending merger to join Healthpeak Properties and look forward to continued growth, success, and the creation of sustainable value as a combined company,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the third quarter ended September 30, 2023.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending September 30, 2023. “We are proud to declare and pay our 41st consecutive quarterly dividend. This quarter, we celebrated a momentous milestone as we celebrated the 10th anniversary of our IPO on the New York Stock Exchange on July 19, 2013. Through strategic investments in outpatient medical facilities and disciplined financial management, we believe the Company has solidified its position as a trusted partner for investors seeking stable, long-term returns. We look forward to sharing more about our third quarter 2023 results in our earnings release and related conference call, scheduled for November 3, 2023,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the second quarter ended June 30, 2023.

On July 19, 2023, Physicians Realty Trust (the “Company”) (NYSEDOC) proudly marks a momentous milestone as it celebrates the 10th anniversary of its Initial Public Offering (IPO) on the New York Stock Exchange on July 19, 2013.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending June 30, 2023. “We are proud to declare and pay our 40th consecutive quarterly dividend. We believe our balance sheet is poised for opportunistic investment and our outpatient medical facilities continue to produce reliable cash flows and resiliency to market downturns. We look forward to sharing more about our second quarter 2023 results in our earnings release and related conference call, scheduled for August 3, 2023,” said John T. Thomas, the Company’s President and Chief Executive Officer.

On June 5, 2023, Physicians Realty Trust (the “Company”) released its fourth annual ESG Report, detailing its continued progress toward its sustainability goals and notable achievements in managing its environmental impact, contributing to reduced costs for health care providers at its properties through capital investments, promoting team and community engagement, and implementing effective governance practices.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that it has closed on a $400 Million Term Loan maturing May 2028 (the “Term Loan”).

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the first quarter ended March 31, 2023.

Physicians Realty Trust (NYSEDOC) (the “Company”) earned a 2023 ENERGY STAR® Partner of the Year Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy (DOE).

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending March 31, 2023. “We are proud to declare and pay our 39th consecutive quarterly dividend. We believe our balance sheet is strong and our operations are performing well. We continue to be steadfast as we deliver reliable cash flows during market uncertainty. We look forward to sharing more about our first quarter 2023 results in our earnings release and related conference call, scheduled for May 4, 2023,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2022.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending December 31, 2022. “We are proud to declare and pay our 38th consecutive quarterly dividend. This year has been a strong year focused on maintaining and improving our existing portfolio while delivering reliable cash flows during recent market uncertainty. We are looking forward to sharing more about our fourth quarter 2022 results in our earnings release and related conference call, scheduled for February 22, 2023,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the third quarter ended September 30, 2022.

Physicians Realty Trust (NYSEDOC) (the “Company”) earned a score of 75 in the 2022 GRESB Real Estate Assessment, outperforming the international average of 74 out of 100. The Company also received a Green Star designation, awarded to submitters achieving scores of 50+ on GRESB’s implementation and measurement of the management & policy sections. The Company is proud to maintain these year-over-year honors from our inaugural GRESB participation in 2021. In addition, the Company’s 2022 GRESB Public Disclosure Level earned an “A” rating and a score of 98 out of 100, ranking first in its health care comparison group.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending September 30, 2022. “We are proud to declare and pay our 37th consecutive quarterly dividend. We are very pleased to improve our first class medical office portfolio with our recent acquisition of Calko Medical Center, in Brooklyn, New York, on the heels of our recent sale of the Great Falls, Montana assets. We are looking forward to sharing more about our third quarter 2022 results in our earnings release and related conference call, scheduled for November 3, 2022,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company”), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC (“MedProperties”) is proud to announce the closing of the acquisition of Calko Medical Center. This Class-A, free-standing facility, built in 2013, contains 85,567 rentable square feet, anchored by Maimonides Medical Center and physicians associated with Maimonides, and is 100% leased and occupied. The Company owns 90% of the joint venture, with MedProperties owning the remaining 10%. The stabilized cash yield on the investment is 5.5%.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the second quarter ended June 30, 2022.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending June 30, 2022. “We are proud to declare and pay our 36th consecutive quarterly dividend. Cash flows from medical office buildings remain stable during inflationary times and economic slowdowns. Our health care provider partners and tenants are busier than ever and financially strong. We are also seeing stronger opportunities to retain our tenants as construction costs are rising faster than existing market rental rates, enhancing our lease renewal rates and retention. We are looking forward to sharing more about our second quarter 2022 results in our earnings release and related conference call, scheduled for August 4, 2022,” said John T. Thomas, the Company’s President and Chief Executive Officer.

On June 6, 2022, Physicians Realty Trust (the “Company”) released its third annual ESG Report, detailing the company’s continued progress towards its environmental, social, and governance (ESG) goals and highlighting numerous notable achievements in the space over the prior year.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the first quarter ended March 31, 2022.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending March 31, 2022. “We are proud to declare and pay our 35th consecutive quarterly dividend. Through the efforts of our talented team, we have an organization built for long-term success, benefitting our shareholders, our health care provider partners, and their patients. The cash flows from medical office buildings are among the most predictable and reliable in the entire commercial real estate industry, trusted to grow through both strong and difficult economies. Our focus remains on maintaining a disciplined capital allocation for the benefit of our shareholders and stakeholders who put their faith in our team. We look forward to discussing our first quarter 2022 results in our earnings release and related conference call, scheduled for May 4, 2022,” said John T. Thomas, the Company’s President and Chief Executive Officer.

On February 22, 2022, Ava E. Lias-Booker accepted the invitation of the Board of Trustees (the “Board”) of Physicians Realty Trust (NYSEDOC) (the “Company”) to join the Company’s Board, effective as of March 1, 2022. In connection with Ms. Lias-Booker’s appointment, the Board increased its size from eight to nine trustees. Ms. Lias-Booker will stand for election at the Company’s 2022 annual meeting of shareholders.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter and year ended December 31, 2021.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending December 31, 2021. “We are proud to declare and pay our 34th consecutive quarterly dividend. Our year-to-date acquisitions totaling over $1.027 billion have been a significant expansion to our portfolio of high-quality outpatient medical facilities as well as a testament to the long-standing relationships we have maintained. We look forward to discussing our fourth quarter and annual 2021 results in our earnings release and related conference call, scheduled for February 23, 2022,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, announced today that it closed the previously announced pending purchase of medical office facilities from Landmark Healthcare Facilities LLC (“Landmark”). The transaction included 14 Class-A medical office buildings located in eight states, comprising 1,434,672 square feet, for an aggregate purchase price of approximately $750.0 million and an expected first-year unlevered cash yield of 4.9%.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the third quarter ended September 30, 2021.

In its first year of submission to GRESB, Physicians Realty Trust (NYSEDOC) (the “Company”) earned a score of 75 in the 2021 GRESB Real Estate Assessment, outperforming the international average of 73 out of 100. In addition, the Company received a Green Star designation, awarded to submitters achieving scores of 50+ on GRESB’s implementation and measurement of the management & policy sections.

Physicians Realty Trust (NYSEDOC) (the “Company”), a self-managed healthcare real estate company, announced today that its operating partnership, Physicians Realty L.P., a Delaware limited partnership (the “Operating Partnership”), priced an offering of $500.0 million aggregate principal amount of 2.625% senior unsecured notes due 2031 (the “Notes”). The closing of the offering is expected to occur on October 13, 2021, subject to customary closing conditions.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate company, announced today that the Company, through its operating partnership, Physicians Realty L.P., a Delaware limited partnership (the “Operating Partnership”), has executed a Master Transaction Agreement for the acquisition of 15 Class-A medical office buildings located in eight states, comprising approximately 1,460,000 square feet, for an aggregate purchase price of approximately $764.3 million, subject to closing prorations and other adjustments (collectively, the “Pending Acquisitions”).

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed healthcare real estate investment trust, today announced that it entered into a third amended and restated credit agreement (the “Credit Agreement”), extending the maturity date of the Credit Agreement from September 18, 2022 to September 24, 2025 (extendable by two, 6-month periods). In addition, the Credit Agreement reduces the interest rate margins, increases the amount of commitments under the revolving credit facility from $850,000,000 to $1,000,000,000, and modifies certain covenants and terms thereunder to provide the Company and its subsidiaries (including the Operating Partnership) with greater flexibility.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending September 30, 2021. “We are proud to declare and pay our 33rd consecutive quarterly dividend. As we continue to seek opportunities to expand our portfolio of world class medical office real estate, our existing portfolio continues to deliver exceptional performance through 2021. We are also excited and humbled to announce that DOC is among Modern Healthcare’s 2021 Best Places to Work. Our ranking of 26th in the Supplier category represents our debut appearance earning this distinction while serving as the highest-rated health care real estate provider among the honorees. We look forward to discussing this and our third quarter 2021 results in our earnings release and related conference call, scheduled for November 5, 2021,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the second quarter ended June 30, 2021.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today that the Company’s Board of Trustees has authorized, and the Company has declared, a quarterly cash dividend of $0.23 per common share and unit for the quarter ending June 30, 2021. “We are proud to declare and pay our 32nd consecutive quarterly dividend. As we remain committed to our strategy of providing clean and safe strategically located health care facilities, we continue to seek opportunities to expand our portfolio of world class medical office real estate. We look forward to discussing our second quarter 2021 results in our earnings release and related conference call, scheduled for August 4, 2021,” said John T. Thomas, the Company’s President and Chief Executive Officer.

Physicians Realty Trust (NYSEDOC) (the “Company”) announced today the publication of the Company’s 2020 Environmental, Social, and Governance (ESG) Report. The comprehensive and fully interactive report, available digitally at www.docreit.com/esg, details the Company’s ESG achievements and progress toward ongoing ESG goals.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” and “we”), a self-managed healthcare real estate investment trust, today announced that Standard & Poor’s Ratings Services (“S&P”) has upgraded each of the Company’s corporate credit ratings to ‘BBB’ with a stable outlook, from the previous rating of ‘BBB-’. In its commentary, S&P attributes the upgrade to the Company’s increased exposure to investment-grade health systems as well as solid operating performance and improved credit metrics despite the pressure of the COVID-19 pandemic.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the first quarter ended March 31, 2021.

Physicians Realty Trust (NYSEDOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, is proud to announce that we have earned a 2021 ENERGY STAR® Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy.