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Health Care Reit: Companys
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Health Care REIT, Inc., a real estate investment trust (REIT), invests primarily in healthcare and senior housing facilities in the United States. The company’s investments include assisted living facilities, skilled nursing facilities, independent living care retirement communities, and specialty care facilities. As of December 31, 2005, it invested in 195 assisted living facilities, 203 skilled nursing facilities, 31 independent living care retirement communities, and 13 specialty care facilities. The company has elected to be taxed as REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided that it distributes at least 90% of its REIT taxable income to its shareholders. Health Care REIT was founded in 1970 and is headquartered in Toledo, Ohio.
Health Care REIT, Inc., a real estate investment trust, invests in health care facilities, primarily skilled nursing and assisted living facilities. It ... invests in specialty care facilities. As of March 31, 2003, the company had gross real estate investments in 248 facilities located in 33 states and managed by 46 different operators. The portfolio included 162 assisted living facilities, 78 skilled nursing facilities, and eight specialty care facilities. The assisted living facility is a combination of housing, personalized supportive services, and health care designed to meet the scheduled and unscheduled needs of those who need help with activities of daily living. Home health providers provide intensive medical needs of the resident within assisted living facilities.
Toledo-based Health Care REIT focuses on owning senior housing and health-care real estate. As of the first quarter of 2007, the company's portfolio consisted of 597 properties nationwide. This acquisition will boost the private-pay percentage of operators/tenants within its portfolio to 64 percent and increase MOB assets to about 26 percent.
Health Care REIT, Inc., headquartered in Toledo, Ohio, is a self-managed and self-advised REIT specializing in sale/leaseback and mortgage investments of long-term healthcare facilities. As of September 30, 2007, the company had investments in 631 healthcare facilities in 37 states.
Health Care REIT is headquartered in Toledo, Ohio. The company is a self-administered real estate investment trust that specializes in senior housing and health care real estate including hospitals, medical office buildings, assisted living facilities, skilled nursing facilities and independent and assisted living centers. In 2006, the company had more than 550 properties in 37 states.
TOLEDO, Ohio--(Business Wire)--Health Care REIT, Inc. (NYSE:HCN) announced today that its Board of Directors declared a dividend for the quarter ended June 30, 2007 of $0.66 per share as compared to the prior year rate of $0.64 per share. The dividend will be the company's 145th consecutive quarterly payment, payable August 20, 2007, to stockholders of record on August 3, 2007.
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