Community Healthcare prices IPO at $19, the low end of the range

Community Healthcare Trust, a newly formed REIT focused on acquiring non-urban healthcare properties, raised $119 million by offering 6.3 million shares at $19, the low end of the range of $19 to $21. Community Healthcare Trust plans to list on the NYSE under the symbol CHCT. Sandler O'Neill, Evercore Partners and Suntrust Robinson Humphrey acted as lead managers on the deal.