b"The updated 2021 outlook guidance includes the following additional assumptions:\n$300 - $600 million of investments at an average 5.5% to 6.0% yield;\n$65 - $100 million of dispositions at a 5.0% to 7.0% yield;\ngeneral and administrative costs of $43 - $46 million;\naverage fully diluted shares of between 226 and 229 million fully diluted shares of common stock outstanding, with proceeds from equity previously raised on a forward basis being utilized to fund acquisitions as they close; and\ndevelopments being substantially completed as planned.\nThe lower end of the range assumes settlement of forward equity agreements without deployment of cash proceeds for investments.\nHTA expects leverage, measured as (i) debt less cash and cash equivalents to total capitalization, and (ii) measured as debt less cash and cash equivalents to Adjusted EBITDAre to range between 5.5x and 6.0x throughout the year.\nHTA's 2021 guidance is based on a number of various assumptions that are subject to change and many of which are outside the control of the Company.Additionally, HTA's guidance does not contemplate impacts from gains or losses from dispositions, potential impairments, or debt extinguishment costs, if any.If actual results vary from these assumptions, HTA's expectations may change.There can be no assurance that HTA will achieve these results.\nAbout Healthcare Trust of America, Inc.\nHealthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of MOBs in the United States, with assets comprising approximately 25.6 million square feet of GLA, and with $7.5 billion invested primarily in MOBs.HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations.Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions, which generally translates to superior demographics, high-quality graduates, intellectual talent and job growth.The strategic markets HTA invests in support a strong, long-term demand for quality medical office space.HTA utilizes an integrated asset management platform consisting of on-site leasing, property management, engineering and building services, and development capabilities to create complete, state of the art facilities in each market.We believe 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.
