MoFo advised the underwriters in connection with Community Healthcare Trust Incorporated’s (NYSE: CHCT) approximately $136.6 million initial public offering of 7,187,500 shares of its common stock at a public offering price of $19.00 per share, which included 937,500 shares of common stock issued in connection with the exercise in full of the underwriters’ option to purchase additional shares. In addition, 123,684 shares of common stock were issued in concurrent private placements. All of the shares were offered by the Company. Community Healthcare Trust is a fully-integrated healthcare real estate company that acquires and owns properties that are leased to hospitals, doctors, healthcare systems or other healthcare service providers in non-urban markets.
Morrison & Foerster is advising the underwriters, led by Sandler O’Neill + Partners, L.P., Evercore Group L.L.C., and SunTrust Robinson Humphrey. The transaction team, led by Washington, D.C. corporate partner Justin Salon, included Washington, D.C. corporate associates Emily Beers and Courtney Schoch, as well as LA real estate partner Marc Young, New York tax partner Dom Bozzetti, San Diego tax partner Shane Shelley, LA real estate associate Susannah Cupp and LA tax associate Clara Lim.