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Who owns your hospital? Community Healthcare Trust files for a $144 million IPO

April 2, 2015

Community Healthcare Trust, a newly-formed REIT focused on acquiring non-urban healthcare properties, filed on Thursday with the SEC to raise up to $144 million in an initial public offering.

Peer Physicians Realty Trust (DOC) has traded up 53% since its July 2013 IPO.

The Franklin, TN-based company, which was formed in 2014, plans to list on the NYSE under the symbol CHCT. Community Healthcare Trust initially filed confidentially on February 17, 2015. Sandler O'Neill and Suntrust Robinson Humphrey are the joint bookrunners on the deal. No pricing terms were disclosed.