Sign in

Jordan Sadler

former Managing Director and Equity Research Analyst at Keybanc Capital Markets,inc /oh/

Jordan Sadler is a former Managing Director and Equity Research Analyst at KeyBanc Capital Markets, where he specialized in real estate investment trusts (REITs) and led Wall Street’s largest REIT research franchise. Overseeing coverage of more than 65 public companies, including Digital Realty and other major data center REITs, he established a strong reputation for his depth of sector knowledge and collaborative analyst leadership. Sadler began his career at Fleet Financial Group, advancing through roles at Natexis Banques Populaires and Citigroup’s top-ranked real estate research team before joining KeyBanc in 2006; he remained there until March 2022, when he joined Digital Realty as Senior Vice President of Investor Relations. He holds a Bachelor of Science in Business Administration from Boston University and brings over two decades of experience in capital markets, equity research, and investor relations.

Jordan Sadler's questions to Marti Technologies (MRT) leadership

Question · Q2 2018

Jordan Sadler asked for details on the Texas Ten portfolio, including the re-tenanting process timeline, market rent coverage, CMS star ratings, and remaining collateral. He also inquired about the assumptions in guidance regarding this tenant's rent and the nature of the $2 million in transaction costs.

Answer

CEO John McRoberts and CFO Jeffery Walraven explained that they are in discussions with several parties to re-tenant or sell the Texas Ten portfolio, expecting a resolution within 60-90 days. They noted that while new deals are underwritten at 1.4x-1.5x coverage, a transition could be lower. An unidentified representative provided an updated CMS star rating of 3.9. Mr. Walraven confirmed that guidance assumes contractual rent will be collected, though payments may be slow. The transaction costs were described as related to a separate, large, complex, and ongoing transaction.

Ask follow-up questions

Question · Q1 2018

Jordan Sadler from KeyBanc Capital Markets inquired about the structural changes in the GruenePointe/OnPointe tenant relationship, the capitalization of the Adora Midtown property, the credit impact of OnPointe losing two facilities, and the nature of a planned Q2 acquisition.

Answer

Executive VP and CFO Jeffery Walraven detailed the ownership restructuring, explaining that the OnPointe principles now fully own the operating assets, which he and CEO John McRoberts view as a positive alignment of operations and ownership. Walraven also broke down the Adora property's $24 million cap stack and confirmed the two lost facilities had a net-zero credit impact. McRoberts added that the upcoming Q2 deal is a standard sale-leaseback of an inpatient rehabilitation facility.

Ask follow-up questions

Get Instant Answers from SEC Filings & Earnings Calls

Ask complex financial questions and get precise answers in seconds. Fintool scans millions of documents to surface insights beyond timely human analysis.

Search across 8,000+ companies
Access millions of SEC filings & transcripts
Get answers cited to the source
Try Fintool for Free

Trusted by leading investment firms and analysts