CHCT News

MedEquities Realty Trust, a recently-formed REIT focused on health care properties in Texas and California, raised $239 million by offering 19.9 million shares at $12, the low end of the range of $12 to $14. MedEquities Realty Trust plans to list on the NYSE under the symbol MRT. FBR Capital Markets, J.P. Morgan, Citi and KeyBanc Capital Markets acted as lead managers on the deal....read more

Five companies - no biotechs - went public in the past week and raised $1.0 billion. All five IPOs had positive returns and, even more rare, each one continued to trade up after the first day. 68 IPOs have raised $12 billion year-to-date, over 40% below 2014's level, but much closer to what we saw in '06, '07, '13 and the first half of '11 and '12....read more

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....read more

Five IPOs are set to raise nearly $1 billion in the week ahead. With just seven technology IPOs to date, this could be the first time in 2015 that two tech companies go public in the same week. None of the five IPOs are health care (the sector saw some resistance ...read more