What Happened to Healthcare Trust of America? A $10 Grubb & Ellis REIT Share Became 1 HR Share Plus $4.82

Four names, one SEC registrant

The same company, CIK 1360604, has carried four names. Statements from the broker-dealers that sold it may show any of them.

The former Healthcare Realty Trust (a different company) became a subsidiary, HRTI, LLC. If your statements say "Healthcare Realty" from before 2022, they are about that other company, not about this one. Do not confuse it either with Griffin-American Healthcare REIT III and IV, a different pair of non-traded healthcare REITs: see what happened to Griffin-American Healthcare REIT III and IV, or with the CNL Healthcare Properties and Sonida chain.

What the original buyer paid for

The 2011 10-K said the $10.00 value was the offering price, not an appraisal, and that stockholders might not receive $10.00 if they sold. It said it would keep using the offering price until August 28, 2012, 18 months after the follow-on closed.

June 2012: Class A and B shares, a tender offer and the end of redemptions

Listing was not a swap into a new security. A charter amendment approved by stockholders on December 20, 2010 converted all common stock into Class A, B-1, B-2 and B-3 shares. The filings describe no reverse split. Shares outstanding were 229,502,006 before the listing and 215,560,240 on February 22, 2013 (100,993,986 Class A plus 114,566,254 Class B), after the company bought back 14,850,964 shares (our arithmetic: the two counts are of the same size).

A holder who tendered sold at $10.10, 1% above the original price, before the other classes converted. A holder who did not was left with Class A or Class B shares and a distribution that was lower than the 7.25% rate on the old statements. Declared distributions were $0.637317 a share in 2012 against $0.725 in 2011. The Class A price range after listing was $10.05 to $9.75 in the second quarter of 2012, $10.21 to $9.07 in the third and $11.68 to $9.61 in the fourth. Stockholders of record fell to about 4,360 by February 22, 2013, which says only that most shares then sat in brokerage accounts (our reading, not a statement in the filing).

July 2022: HTA bought Healthcare Realty and took its name

HTA holders were not exchanged into anything and were not diluted by a ratio: the shares they held on July 20, 2022 are the shares that now trade as HR. The $4.82 was a cash dividend declared under the merger agreement, and the 8-K says only holders who owned the stock through closing received it. It is dividend income, not a return of the original $10.00 as such. Check your 1099-DIV for how your broker reported it.

What one original $10 share is today (our arithmetic)

Worked example for 1,000 original shares (our arithmetic): 1,000 HR shares, $4,820 received in July 2022, and a dividend of $240 a quarter at the current rate. A holder who reinvested distributions has more shares than that.

Healthcare Realty today: the September 30, 2026 10-Q

The Q3 2026 10-Q was filed on October 29, 2026. These are the figures a holder is most likely to ask about.

The dividend is covered by Normalized FFO ($0.42 against $0.24 in Q3), but the company reports a net loss, carries more debt than at the start of the year and is selling properties while it buys back shares. This is a description of the filings, not a view on the stock.

What a former HTA or Grubb & Ellis Healthcare REIT holder can do with this

• Match your statements to HR. Old statements titled Grubb & Ellis Healthcare REIT, Healthcare Trust of America, HTA, Class A, B-1, B-2 or B-3 all refer to the shares that now trade as HR (CUSIP 42226K105 in the company's 2024 annual report). If your old statements show shares that were never converted, ask your broker or the transfer agent.
• Name the transfer agent. The 2011 10-K says DST Systems was the transfer agent from August 10, 2009. The company's 2024 annual report to shareholders names Computershare Investor Services, P.O. Box 43078, Providence, Rhode Island 02940-3078, telephone 1.888.801.0107. Confirm that it is still current before you send documents.
• If the holder has died. Computershare's own checklist, retrieved November 13, 2026 (the PDF carries no date), starts with notifying it of the death, then checking how the account is registered. A transfer-on-death or survivorship registration passes to the named person without probate. Otherwise it lists the will or letters of administration, a certified death certificate, an affidavit of domicile and an inheritance tax waiver where the state requires one, and then a transfer request on transferstock.computershare.com. Whether your account needs a medallion signature guarantee or other papers depends on the account; ask the agent.
• Cost basis. This is for a tax professional to confirm. The merger left HTA shares as they were and the company states no reverse split, so the share count did not change in 2012 or 2022. The $4.82 dividend and any return of capital in the annual Form 1099-DIV adjust the basis.
• Nothing is owed that we found. The filings describe no repurchase or redemption program for old HTA holders; the plan ended with the listing in 2012. Shares sell on the NYSE like any other listed stock.

FAQ

Sources, read on November 13, 2026: Healthcare Trust of America, Inc. Forms 10-K for 2011 (accession 0001445305-12-000793) and 2012 (0001445305-13-000428); Form 8-K of May 18, 2012 (0001193125-12-238790); Schedule TO-I of June 6, 2012 (0001193125-12-261383); Forms 8-K of July 1, 2022 (0001360604-22-000035 with the press release in 0001360604-22-000036) and July 6, 2022 (0001360604-22-000043); Healthcare Realty Trust Incorporated Form 8-K of July 26, 2022 (0001193125-22-202185), Form 10-K for 2025 (0001360604-26-000018), the 2024 annual report to shareholders (0001360604-25-000049), Form 10-Q for the quarter ended September 30, 2026 (0001360604-26-000070); and Computershare's checklist "Steps to Handle Shareholder Assets After a Loss". This is analysis of public documents, not investment, legal or tax advice.