# Healthcare Realty Trust Inc

Summary updated: 2026-10-02T15:42:06.054445Z
Canonical: https://finbar.com/research/companies/healthcare-realty-trust-inc

## Overview

Healthcare Realty Trust Inc. is a U.S. healthcare real estate investment trust (REIT) that owns, leases, manages, acquires, finances, develops, and redevelops properties primarily serving outpatient healthcare. Its portfolio includes medical outpatient buildings, with 501 consolidated properties in 26 states and interests in 62 unconsolidated joint-venture properties reported at June 30, 2026. The company states its purpose is to improve experiences for healthcare professionals and their patients through service and investment in medical outpatient buildings. [1](https://app.finbar.com/go?id=P144996459)[2](https://www.healthcarerealty.com/company-profile/culture/)

At June 30, 2026, the company reported 562 properties across its portfolio, totaling approximately 32.8 million square feet. For the year ended December 31, 2025, it reported total revenues of $1.18 billion. [3](https://app.finbar.com/go?id=P144996883)[4](https://app.finbar.com/go?id=T16581244)[5](https://app.finbar.com/go?id=T123844)
[1](https://app.finbar.com/go?id=P144996459)[2](https://www.healthcarerealty.com/company-profile/culture/)[3](https://app.finbar.com/go?id=P144996883)[4](https://app.finbar.com/go?id=T16581244)[5](https://app.finbar.com/go?id=T123844)[2](https://www.healthcarerealty.com/company-profile/culture/)

## Products & services

Healthcare Realty Trust’s core offering is leased outpatient medical space. As of December 31, 2025, it had approximately $10.3 billion invested in 502 consolidated properties and interests in 61 unconsolidated joint-venture properties, and provided leasing and property-management services for about 93% of its portfolio. [6](https://app.finbar.com/go?id=P85682142) Its primary revenue source is rental income under non-cancelable leases, with building operating-expense reimbursements also recognized as revenue. [7](https://app.finbar.com/go?id=P112336306)

Leasing and property-management services include working with physician and hospital tenants, coordinating tenant mix, property management and maintenance-engineer support. The company reported quarterly tenant-retention rates of 77%–80% during 2025. [8](https://app.finbar.com/go?id=P91035403) Tenant resources also include service-request and rent-payment channels, request-status access, additional-service billing reports, property forms and building announcements. [9](https://www.healthcarerealty.com/leasing-and-management/)[10](https://www.healthcarerealty.com/tenant-center/)[11](https://assets.healthcarerealty.com/docs/tenant_service_portal_presentation.pdf)

The company also develops and redevelops outpatient medical facilities, using in-house project management and working with developers associated with local health systems and physicians. [12](https://app.finbar.com/go?id=P23583454)[13](https://www.healthcarerealty.com/developments/) In its Q2 2026 filing, it reported approximately 28.9 million square feet across consolidated properties and leasing and property-management services covering 92% of its portfolio. [1](https://app.finbar.com/go?id=P144996459) Healthcare Realty reports one operating segment rather than separate product or service lines, and does not disclose revenue percentages by offering. [12](https://app.finbar.com/go?id=P23583454)[7](https://app.finbar.com/go?id=P112336306)
[6](https://app.finbar.com/go?id=P85682142)[7](https://app.finbar.com/go?id=P112336306)[8](https://app.finbar.com/go?id=P91035403)[9](https://www.healthcarerealty.com/leasing-and-management/)[10](https://www.healthcarerealty.com/tenant-center/)[11](https://assets.healthcarerealty.com/docs/tenant_service_portal_presentation.pdf)[12](https://app.finbar.com/go?id=P23583454)[13](https://www.healthcarerealty.com/developments/)[1](https://app.finbar.com/go?id=P144996459)[9](https://www.healthcarerealty.com/leasing-and-management/)[10](https://www.healthcarerealty.com/tenant-center/)[11](https://assets.healthcarerealty.com/docs/tenant_service_portal_presentation.pdf)[13](https://www.healthcarerealty.com/developments/)

## Geographic presence

Healthcare Realty Trust’s outpatient-property portfolio spans the United States. As of June 30, 2026, its official portfolio page reported 562 properties across 49 markets, totaling approximately 32.8 million square feet; a separate Q2 2026 filing reported 501 consolidated real estate properties, a different portfolio scope. [14](https://www.healthcarerealty.com/portfolio/)[1](https://app.finbar.com/go?id=P144996459)

The company identifies Boston, Los Angeles, San Francisco, Seattle, and Washington, D.C., among the cities where it owns assets. Properties sold during Q2 2026 included locations in Atlanta, Oklahoma City, Austin, and Amarillo. Its principal executive office and corporate headquarters are in Nashville, Tennessee. [15](https://app.finbar.com/go?id=P23203568)[16](https://app.finbar.com/go?id=T16581239)[17](https://app.finbar.com/go?id=P144996373)[18](https://app.finbar.com/go?id=P99741086)

The company reports one operating segment; geographic revenue by state, city, or country and employee distribution by location are not provided in the cited disclosures. [19](https://app.finbar.com/go?id=P144996490)
[14](https://www.healthcarerealty.com/portfolio/)[1](https://app.finbar.com/go?id=P144996459)[15](https://app.finbar.com/go?id=P23203568)[16](https://app.finbar.com/go?id=T16581239)[17](https://app.finbar.com/go?id=P144996373)[18](https://app.finbar.com/go?id=P99741086)[19](https://app.finbar.com/go?id=P144996490)[14](https://www.healthcarerealty.com/portfolio/)

## Business segments

Healthcare Realty Trust reports one operating segment and one reportable segment: its outpatient and other healthcare-related real estate business, including owning, leasing, acquiring, managing, financing, developing, and redeveloping properties. The company states that management reviews consolidated operations rather than separate business or geographic segments. [19](https://app.finbar.com/go?id=P144996490)

Accordingly, the single reported segment accounts for 100% of consolidated operations; filings do not allocate revenue, assets, or NOI among separately reported business lines or geographies. The 2025 Form 10-K likewise identifies one operating and reportable segment. [19](https://app.finbar.com/go?id=P144996490)[20](https://app.finbar.com/go?id=P67466283)
[19](https://app.finbar.com/go?id=P144996490)[20](https://app.finbar.com/go?id=P67466283)

## Company history

Healthcare Realty Trust was founded by David R. Emery in 1992 and went public on the New York Stock Exchange in 1993, raising $117 million to establish an initial portfolio of 21 properties. [21](https://www.healthcarerealty.com/investment-history/)[22](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2019/Healthcare-Realty-Trust-Announces-Death-of-Chairman-Emeritus-David-R-Emery/default.aspx) In 2004, it announced the acquisition of 20 medical-office properties from Baylor Health Care System, and in 2007 it announced the sale of its senior-living portfolio, sharpening its focus on medical outpatient properties. [23](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2004/Healthcare-Realty-Trust-to-Acquire-Medical-Office-Facilities-From-Baylor-Health-Care-System/default.aspx)[24](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2007/Healthcare-Realty-Trust-Announces-Plan-to-Sell-Senior-Living-Portfolio/default.aspx)

In 2016, Emery moved from president and chief executive officer to executive chairman, with Todd J. Meredith succeeding him as president and CEO. [25](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2016/Healthcare-Realty-Trust-Announces-CEO-Succession-Plan/default.aspx) A major corporate milestone followed in 2022, when Healthcare Realty combined with Healthcare Trust of America in a merger that closed on July 20; the resulting company retained the Healthcare Realty Trust name and NYSE ticker HR. [26](https://app.finbar.com/go?id=P44340293)[27](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2022/Healthcare-Realty-Trust-and-Healthcare-Trust-of-America-Announce-Closing-of-Merger/default.aspx) In 2025, Peter A. Scott became president and CEO, succeeding Meredith. [28](https://app.finbar.com/go?id=P93908554)[29](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2025/Healthcare-Realty-Names-Peter-A--Scott-President-and-Chief-Executive-Officer/default.aspx)
[26](https://app.finbar.com/go?id=P44340293)[28](https://app.finbar.com/go?id=P93908554)[21](https://www.healthcarerealty.com/investment-history/)[22](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2019/Healthcare-Realty-Trust-Announces-Death-of-Chairman-Emeritus-David-R-Emery/default.aspx)[23](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2004/Healthcare-Realty-Trust-to-Acquire-Medical-Office-Facilities-From-Baylor-Health-Care-System/default.aspx)[24](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2007/Healthcare-Realty-Trust-Announces-Plan-to-Sell-Senior-Living-Portfolio/default.aspx)[25](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2016/Healthcare-Realty-Trust-Announces-CEO-Succession-Plan/default.aspx)[27](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2022/Healthcare-Realty-Trust-and-Healthcare-Trust-of-America-Announce-Closing-of-Merger/default.aspx)[29](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2025/Healthcare-Realty-Names-Peter-A--Scott-President-and-Chief-Executive-Officer/default.aspx)

## Sources

1. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P144996459)
2. [www.healthcarerealty.com](https://www.healthcarerealty.com/company-profile/culture/)
3. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P144996883)
4. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16581244)
5. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=T123844)
6. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P85682142)
7. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P112336306)
8. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P91035403)
9. [www.healthcarerealty.com](https://www.healthcarerealty.com/leasing-and-management/)
10. [www.healthcarerealty.com](https://www.healthcarerealty.com/tenant-center/)
11. [assets.healthcarerealty.com](https://assets.healthcarerealty.com/docs/tenant_service_portal_presentation.pdf)
12. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P23583454)
13. [www.healthcarerealty.com](https://www.healthcarerealty.com/developments/)
14. [www.healthcarerealty.com](https://www.healthcarerealty.com/portfolio/)
15. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P23203568)
16. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=T16581239)
17. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P144996373)
18. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P99741086)
19. [Healthcare Realty Trust Inc — Full financial report (2026 Q 2)](https://app.finbar.com/go?id=P144996490)
20. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P67466283)
21. [www.healthcarerealty.com](https://www.healthcarerealty.com/investment-history/)
22. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2019/Healthcare-Realty-Trust-Announces-Death-of-Chairman-Emeritus-David-R-Emery/default.aspx)
23. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2004/Healthcare-Realty-Trust-to-Acquire-Medical-Office-Facilities-From-Baylor-Health-Care-System/default.aspx)
24. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2007/Healthcare-Realty-Trust-Announces-Plan-to-Sell-Senior-Living-Portfolio/default.aspx)
25. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2016/Healthcare-Realty-Trust-Announces-CEO-Succession-Plan/default.aspx)
26. [Healthcare Realty Trust Inc — Full financial report (2022 Y)](https://app.finbar.com/go?id=P44340293)
27. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2022/Healthcare-Realty-Trust-and-Healthcare-Trust-of-America-Announce-Closing-of-Merger/default.aspx)
28. [Healthcare Realty Trust Inc — Full financial report (2025 Y)](https://app.finbar.com/go?id=P93908554)
29. [investors.healthcarerealty.com](https://investors.healthcarerealty.com/corporate-profile/press-releases/news-details/2025/Healthcare-Realty-Names-Peter-A--Scott-President-and-Chief-Executive-Officer/default.aspx)

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