Healing Realty Trust Closes First Tranche of Series A to Expand Clinic-Focused Portfolio for a New Generation of Medicine
Summary
"We are thrilled by the passionate investor support and confidence in our mission to revolutionize the conventional real estate investment space," said Joe Caltabiano, CEO of HRT. By leveraging its exclusive relationship with HealingMaps, a leading data provider connecting patients with practitioners in the multidisciplinary health space, HRT sources properties in high-demand regions using proprietary, real-time insights. With a growing pipeline of over 700,000 square-feet of healthcare real estate nationwide, the Company continues to identify high-quality properties, including medical offices, dialysis centers, mental health and ketamine clinics, rehabilitation centers, and alcohol and drug treatment facilities.Joe Caltabiano continued, "Our ability to successfully secure funding in such a unique and challenging environment is a testament to the dedication and passion of our team. With our increased capital backing, strong relationships, and experienced leadership, we have laid the groundwork to build a network for todays critical health services and tomorrows medicine. Venable LLP acted as Maryland counsel to HRT.Healing Realty Trust (HRT), formerly known as Healing Commercial Real Estate Inc., is a data-driven, self-managed real estate investment company with a portfolio centered on purchasing healthcare-related real estate assets dedicated to serving the mental, behavioral, and physical health sectors, as well as in the advancement of innovative and emerging psychedelic therapies.This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Series A stock or any other securities, nor shall there be any sale of such Series A stock or any other securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.