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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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