MedEquities Realty Trust, a REIT formed to invest in healthcare and healthcare-related real estate debt, filed on Thursday with the SEC to raise up to $150 million in an initial public offering.
The Nashville, TN-based company, which was founded in 2014 and booked $4 million in sales for the 12 months ended December 31, 2014, plans to list on the NYSE under the symbol MRT. FBR Capital Markets, J.P. Morgan, Citi, KeyBanc Capital Markets and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
