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Spruce Point Shorts Healthcare Trust Of America

Short activist Spruce Point Capital today announced a short call against Healthcare Trust of America, Inc. The firm said: "Spruce Point has conducted a critical forensic and fundamental analysis of the Company, a real estate investment trust (REIT) in the medical office building ("MOB") sector. Our report will detail HTA's CEO Scott Peters' past failures and inter-relationships with bad actors in the REIT industry . The report will also explore the statistically improbable Same-Property Cash NOI metric reported by HTA, and comparisons to the Brixmor and American Realty Capital Realty (ARCP) accounting scandals. Despite shares trading at a discount to estimated NAV, HTA...