Engaged by medical office building REIT for purchase price allocation
Engaged by medical office building REIT for purchase price allocation
Healthcare Trust of America (HTA), a U.S.-based public REIT, completed the acquisition of the medical office building assets and medical development platform of Duke Realty Corporation for $2.75 billion on May 1, 2017. We assisted HTA with allocating the purchase price for financial reporting purposes under ASC 805.
The acquired assets included 78 buildings spread across medical offices, urgent care centers, veterans affairs clinics, and acute care hospitals.
Note: This work was performed prior to joining Stout.