On June 6, 2012, I wrote my first article on Healthcare Trust of America (NYSE:HTA), just days before the Scottsdale-based REIT listed 229.5 million shares on the New York Stock Exchange. Since that time, I have been diligently researching the health care REIT in an effort to build a long-term ownership position.
Although HTA had a track record as a non-listed REIT, I was not anxious to jump in early until Mr. Market had acknowledged the stability in the underlying business model. Oftentimes non-traded REIT investors seek quick cash, and I wanted to wait for the dust to settle before I began to formulate a BUY price.
Also, HTA listed the shares over four phases and I thought...
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