joining you, David, and Earnings you, Thank First Quarter of Conference for good for XXXX Call. and thank Healthcare Trust America's everyone, us morning, today
Chief on our is the today Officer. Robert call Milligan, me Joining Financial
near Occupancy performance the cash strong. the medical office class. based its reputation have need sector collections XXXX, Over in and as our patient a care's last visits key and systems to Tenant are to independent in asset lived utilization of up April remained steady, has year, given rebounding pre-COVID health care to returning and levels. Health markets shutdowns are are and from the March temporary demand. normal returning
growth in health subsidized cost passed additional population over the certainly while locations, in minimal we change our sectors, accelerated and and have pandemic. the impacts plans sector and be other and relatively including was increased implementation taking secondary to practices were also It fact, larger Compared care a trend struggled by feel by markets consolidations were significant put is the consolidated lower than markets. continued telemedicine, to the will has hold what most immune move expansion term. provider towards of more packages these from most, outpatient been on that longer place, systems the into have relief key Congress. Small However, positive not providers and more
amount the expected as the the the of health care. that demand Given health country in is ages care investment service population into population accelerates and
we relates there a that continues However, the impacts providers for growth are levels their which the and metrics in occupancy, of lasting longer news bodes doubt, approach The take progress key throughout developments acquisitions pandemic. back, as without for it this activity continue seeing integrated is to cautious business we on year. plans that coming well sector to the expectations as good for and
term. HTA, For the pandemic by to reacted have we long focusing on the
in positioned already and space operating that focus we had advantage with as evolves a Going can sector into leader an integrated key a on XXXX, the of team company as our the opportunities markets grows. take and
to year, from additional rebound. the positioned Over ensure ensuing the steps we have last we taken are
their difficult through through renewals on asset care times and them purchases. relationships, focus working deferrals, we First, rent health with our early
economic with and our positioned to concessions and unlikely new succeed growth, anticipate rebound are that structures either below-market the require commitments that for portfolio we we Second, cycle. oncoming to business our rents, limiting the focus long-term on or outpatient would tenants as lease models pivot inevitable abnormal or business
in remained our Third, disciplined we have investments.
that markets and pursue continued discipline assets focused remained market should As our to MOBs, to the the private committed next has XX over perform on we XX have underwriting years. to
strong, of pipeline that to quarter. in potential $XXX quarter and find of growth. accretively first stage million development finance sheet highlighted increase innovative prior preserved a and to $X.XX supporting ways this million term. first of as pre-leasing Even we in X.X% per fully growth and on dividend. of X.X% a $XXX our with Normalized we've compared remained almost focus, opportunities to by announcements $XX our earnings an quarter sequential its of our quarter Acquisitions development and X X.X% to signed, get million of third investments contract have on since annual and either feet $XXX in has million close to long-term the delivered leasing a highest under with exclusive by HTA today, with of is additional Finally, by of new at of quarter million share, our redevelopment developments and to new change basis. the up capital capital second FAD record long a square us feet million significant raised yields as key longer-term first in of had would long-term dividend of sheet, almost track and approaching with the pools. XX% expected an extremely X%. that new $XXX balance XXXX years our and diluted increase our the we closed have us balance our the million a in level to more in of we XXX,XXX XXXX of the over in ending million, performance to be can leases in year the This back targeted properties grow new portfolio markets, square range and X.X our or XXXX, row. for over $XX.X driven Further, of the Rent has increase X%. on renewals yields $XXX from activity, than of
in sheet billion forward incorporating just we more previously than have Finally, raised. and X.Xx, $X.X equity a liquidity leverage balance with of
into attractive close pricing our markets. did not our dispositions, we we opportunities While in at sellout to longer-term key on invest have also entered any noncore and markets in the growth agreement
As result year. tighten able to performance, this for a of range guidance earnings the were we our
long-term of portfolio the economic is themselves present for years. upcoming XXXX, may HTA company position rest focused the and entirely for positioning to towards the effects continuing ahead that implications look we the on As the in and our
our turn sheet rent long our months, capital, key and dispositions on levels, and while XX protecting investments fundamentals. strong long-term non and still illustrated our over will will on earnings, underlying I our now focus As long-term in the occupancy This creating value growing our to investment capital, in in based term balance on growth. we focus last a includes of enterprise portfolio our markets, value our key we the maintaining maximizing markets our call Robert. utilization for have