SCOTTSDALE, Ariz., March 6, 2018 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE: HTA) announced today that Founder & CEO Scott D. Peters will participate in the Kent State University Center for Entrepreneurship and Business Innovation's (CEBI) second annual pitch competition, CEBIpitch. CEBIpitch is an annual pitch competition to help grow and nurture startups within the College of Business Administration's entrepreneurship program.
Mr. Peters, a graduate of Kent State University, will sit on the 2018 judging panel for CEBIpitch and will provide mentoring to the finalists. Finalists will be competing for funding at the Final Live Pitch Competition and Awards Ceremony on April 19 from 3 p.m. to 5 p.m. at the Kent State University Hotel and Conference Center. Mr. Peters will also be presenting, "From Zero to $10 Billion: How a Kent State Grad created the most successful Medical Office Building REIT in the U.S." on April 18 at 7:00 pm at the Kent State University Center for Visual Arts to graduate and undergraduate students. His goal is to inspire students to believe in themselves and hear his success story that will give confidence and motivation to future leaders.
"It's an honor to be part of the CEBIpitch judging process and help these aspiring entrepreneurs follow their dreams," said Mr. Peters. "I know firsthand how hard it can be to convince people your idea will be successful and that's why I want to give my knowledge of business and innovation back to the Kent State students who will be our future leaders."
Mr. Peters is CEO, chairman and founder of Healthcare Trust of America, Inc. (NYSE: HTA), a publicly traded real estate investment trust and the largest dedicated owner of medical office buildings in the country. HTA was founded in 2006 and listed on the New York Stock Exchange in 2012. Mr. Peters has taken three real estate companies public, including HTA, which combined controlled over $18 billion in commercial real estate assets. Previously, Mr. Peters served as CEO and Director of Grubb & Ellis Company, listed on the NYSE, taking that role following its acquisition through reverse merger by Triple Net Properties, Inc., where Mr. Peters served as CEO; and CFO and Director of Golf Trust of America, Inc., which listed on the AMEX in 1999. In addition, Mr. Peters was an executive with Pacific Holdings Properties and Castle & Cooke Properties. Mr. Peters has appeared in numerous video and television programs in addition to being featured in a wide array of publications including; Forbes, Modern Healthcare and REIT Magazine.
CEBIpitch applicants must be an entrepreneurship major or minor to qualify. Teams are accepted as long as one student is an entrepreneurship major or minor. Once selected, six finalists endure a three-month-long mentorship program to help prepare for the live pitch event. The cash prize will be awarded at the live CEBIpitch event and the prizes are structured so that all six finalists are guaranteed to win a cash prize. For more information about CEBIpitch, visit www.kent.edu/business/cebipitch.
About HTA
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, based on gross leasable area. We provide the real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Over the last decade, we have invested approximately $7 billion primarily in medical office buildings and other healthcare assets comprising over 24 million square feet of GLA. Our investments are targeted in 20 to 25 key markets that we believe have superior healthcare demographics that support strong, long-term demand for medical office space. We have achieved, and continue to achieve, critical mass within these key markets by expanding our presence through accretive acquisitions, and utilizing our in-house operating expertise through our regionally located property management and leasing platform. Headquartered in Scottsdale, Arizona and directed from our full-time service offices, HTA has developed a national brand with dedicated relationships at the local level. We have achieved scale in 16 markets with greater than 500,000 square feet and 10 markets with approximately 1 million or greater square feet; in each market we service our healthcare providers through our institutional full-service operational platform including property management, leasing and development services. This drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth, and long-term value creation across the portfolio. Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that we believe have significantly outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company's website, Facebook, LinkedIn and Twitter.
Forward-Looking Language
This press release contains certain forward-looking statements. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about HTA, stockholder value and earnings growth.
The forward-looking statements included in this press release are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond HTA's control. Although HTA believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, HTA's actual results and performance could differ materially and in adverse ways from those set forth in the forward-looking statements. Factors which could have a material adverse effect on HTA's operations and future prospects include, but are not limited to:
- changes in economic conditions affecting the healthcare property sector, the commercial real estate market and the credit market;
- competition for acquisition of medical office buildings and other facilities that serve the healthcare industry;
- economic fluctuations in certain states in which HTA's property investments are geographically concentrated;
- retention of HTA's senior management team;
- financial stability and solvency of HTA's tenants;
- supply and demand for operating properties in the market areas in which HTA operates;
- HTA's ability to acquire real properties, and to successfully operate those properties once acquired;
- changes in property taxes;
- legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry;
- fluctuations in reimbursements from third party payors such as Medicare and Medicaid;
- changes in interest rates;
- the availability of capital and financing;
- restrictive covenants in HTA's credit facilities;
- changes in HTA's credit ratings;
- HTA's ability to remain qualified as a REIT;
- changes in accounting principles generally accepted in the United States of America, policies and guidelines applicable to REITs;
- delays in liquidating defaulted mortgage loan investments; and
- the risk factors set forth in HTA's most recent Annual Report on Form 10-K and in HTA's most recent Quarterly Reports on Form 10-Q.
Financial Contact:
Robert A. Milligan
Chief Financial Officer
Healthcare Trust of America, Inc.
480.998.3478
RobertMilligan@htareit.com
View original content with multimedia:http://www.prnewswire.com/news-releases/healthcare-trust-of-america-incs-founder-scott-d-peters-to-participate-in-kent-state-university-center-for-entrepreneurship-and-business-innovation-competition-300608436.html
SOURCE Healthcare Trust of America, Inc.
Share this article