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Realty Capital Securities to Handle $2.2B Share Offering by Healthcare Trust of America

Alex Finkelstein

Posted by Alex Finkelstein 08/31/09 9:30 AM EST
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(BOSTON, MA) -- One of the largest initial public offerings this year is getting a new dealer manager.

Healthcare Trust of America, Inc. (NYSE: HCA), formerly Grubb & Ellis Healthcare REIT, Inc. and Realty Capital Securities LLC  (NYSE: RCS) of Boston  ("RCS") announce that effective Aug. 29, 2009, RCS, member FINRA/SIPC will be assuming exclusive dealer manager responsibilities for the company's initial public offering.

That offering involves up to $2.2 billion in shares of Healthcare Trust common stock, including $2 billion in shares offered at $10.00 per share in the primary offering and $200 million in shares offered at $9.50 per share according to the distribution reinvestment plan.

Healthcare Trust of America, Inc. is a self-managed non-traded, public REIT headquartered in Scottsdale, AZ with over $1 billion in assets and over 40 properties in 18 states.

The company was formed as a Maryland corporation on April 20, 2006, to invest in a diversified portfolio of real estate properties, focusing primarily on medical office buildings and healthcare-related facilities.

To obtain a prospectus, contact the company at 16427 N. Scottsdale Rd, #440, Scottsdale, AZ 85254, (480) 998-3478 or Realty Capital Securities, LLC, Three Copley Place, Suite 3300, Boston, MA 02116, (877)-373-2522.



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