- For several years, Healthcare Trust of America has been plodding slowly forward, like a healthy COW (Cash Only Wanted) REIT.
- In August, CEO Scott Peters resigned, amid allegations of misappropriation of company funds. The CEO vacancy still has not been filled, six months later.
- The company acknowledged on its latest earnings call that it is seeking a buyer.
- The company declined to participate in December's Jefferies virtual healthcare summit in Denver.
- Hedge fund managers have reduced their holdings in Healthcare Trust of America, according to Goldman Sachs.
For further details see:
Healthcare Trust of America: Still No CEO, Possible M&A