Goldman Sachs Comments on Healthcare Realty Trust Following Meetings Day

In a report focusing on Healthcare Realty Trust Inc. HR, among other companies in the healthcare REIT sector, Goldman Sachs reports that the company targets long-term net operating income growth of 3%-4%, “comprising 2.0%-2.5% same-store cash NOI (it was 2.0% in the first quarter) with improvement in its stabilization-in-progress portfolio and acquisitions generating the remainder of the gain.” “Management also reiterated its view, expressed on its quarterly earnings conference call, that there is an emerging opportunity, given constrained bank lending, to parlay mortgage investments into property ownership,” Goldman Sachs writes. Healthcare Realty Trust closed Wednesday at $22.19.