Wednesday, February 16, 2011

Health Care REIT $3.2 billion Of Gross Investment In 2010

Health Care REIT, Inc.  today announced operating results for the company's fourth quarter and year ended December 31, 2010.
"Health Care REIT creates shareholder value through its relationship investment strategy," commented George L. Chapman, chief executive officer at Health Care REIT, Inc. "We completed $3.2 billion of gross investment  in 2010 and announced $1.3 billion to-date in 2011. Of these investment , 90% were originated off-market through long-term industry relationships. Last year alone, we formed new relationships with nine outstanding operators and 14 high-quality health systems. We believe we have built a best-in-industry management team to successfully and profitably integrate these acquisitions.

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