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Home > Company Index > Real Estate > REIT - Healthcare Facilities > Health Care REIT, Inc.

Health Care REIT, Inc.
NYSE: HCN
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 NEWS FROM THE WIRES
New Issue - Health Care REIT sells $175 mln 6-yr notes
Aug 07 2001 02:08 PM PDT

More WIRE STORIES about this company

 PROFILE
Health Care REIT is a real estate investment trust that invests in long-term-care facilities. The majority (two-thirds) of the trust's investments are in assisted-living facilities designed for older people needing help with everyday living, with another quarter in nursing homes. Health Care REIT also has interests in specialty care and behavioral care facilities. The trust owns more than 200 facilities leased to nearly 40 health care operators in 34 states; major customers include Merrill Gardens, Alterra Healthcare, and Life Care Centers of America. The company also makes mortgage loans and provides construction financing. It owns 30% of Atlantic Healthcare Finance, which invests in nursing homes in Europe.

 COMPETITION
Health Care Property Investors, Inc. (HCP)
National Health Investors, Inc. (NHI)
Nationwide Health Properties, Inc. (NHP)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 137.00
1-Yr. Sales Growth: 5.9%
Employees: 22
Revenue per employee: $6,227,272.73

 KEY PEOPLE
• George L. Chapman
    CEO
• Raymond W. Braun
    CFO

 CONTACT INFO
1 SeaGate, Ste. 1500
Toledo, OH 43604
US
Phone: 419-247-2800
Fax: 419-247-2826
Online: Web Site

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