| Business Summary | | Health
Care
REIT,
Inc.
is
a
self-administered
real
estate
investment
trust
that
invests
in
healthcare
facilities,
primarily
nursing
homes
and
assisted
living
facilities.
The
Company
also
invests
in
specialty
care
facilities.
Long-term
care
facilities,
which
include
nursing
homes
and
assisted
living
facilities,
comprised
the
majority
of
the
Company's
investment
portfolio.
The
Company's
portfolio
of
properties
includes
150
Assisted
Living
Facilities,
47
Nursing
Homes,
six
Specialty
Care
Facilities
and
two
Behavioral
Care
Facilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HCN
is
a
real
estate
investment
trust
that
invests
in
health
care
facilities,
primarily
nursing
homes,
assisted
living
facilities
and
retirement
centers.
HCN
also
invests
in
specialty
care
facilities.
For
the
six
months
ended
6/30/01,
revenues
decreased
5%
to
$65.3
million.
Net
income
applicable
to
Common
fell
20%
to
$23.6
million.
Revenues
reflect
a
decrease
in
interest
income
due
to
the
repayment
of
loans.
Net
income
also
reflects
a
higher
depreciation
provision. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Chapman, 53 Chairman,
Pres, CEO | $1.3M | Raymond Braun, 43 CFO,
Chief Operating Officer, Exec. VP | 699K | Charles Herman, Jr., 35 VP-Operations | 259K | Erin Ibele, 39 VP
and Sec. | 262K | Michael Crabtree, 44 Treasurer,
Controller | 298K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|