Carter Validus Mission Critical REIT has announced its Second Quarter operating results.
September 6, 2016 | by Beth Glavosek | Blue Vault
Carter Validus Mission Critical REIT has announced its Second Quarter operating results. Closed to new investors, its focus is on acquiring high quality, income-producing data centers and healthcare facilities. As of June 30, 2016, the Company’s data center portfolio consisted of 20 properties and its healthcare portfolio consisted of 64 properties, including medical office buildings, specialty surgical centers, and hospital properties, diversified across 46 metropolitan areas.
The company reported that its net income attributable to common stockholders had increased by 1% compared with the second quarter of 2015, while its net operating income had increased by approximately 13% over the same time period. Modified Funds from Operations (MFFO) attributable to common shareholders for the quarter grew 7% year-over-year compared to the second quarter of 2015.
Carter Validus Mission Critical REIT is sponsored by Carter/Validus REIT Investment Management Company, LLC. Click below to learn more.
