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Stock Market & Financial Investment News

News Breaks
September 18, 2012
07:00 EDTSRZ, HCNHealth Care REIT provides update on Sunrise Senior Living acqiusition
Health Care REIT (HCN) announced an update to its pending Sunrise Senior Living (SRZ) acquisition and its previously announced $925M acquisition pipeline. Health Care REIT and Sunrise have accelerated the buy-out of majority partners in certain joint venture properties associated with the previously announced Sunrise acquisition, which increases the expected real estate value at closing from approximately $1.9B to approximately $3.2B.
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April 14, 2014
10:52 EDTHCNHealth Care REIT reaffirms FY14 normalized FFO $3.93-$4.03
Earlier today, the company reaffirmed its FY14 normalized FFO view of $3.93-$4.03, consensus is $4.03. CEO Thomas J. DeRosa said, “Our business continues to perform well, having completed over $500 million in gross new investments with both new and established partners in the first quarter. We are on track to meet our previously announced annual guidance and look forward to providing our detailed results on our regularly scheduled earnings call on May 8th.”
07:38 EDTHCNHealth Care REIT appoints DeRosa CEO
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