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Investment
TOLEDO, Ohio — Health Care REIT, Inc. (NYSE: HCN) has priced its underwritten public offering of 17 million shares of common stock at $75.50 per share. HCN granted the underwriters an option to purchase up to an additional 2.5 million shares during the next 30 days.
TOLEDO, Ohio — Health Care REIT, Inc. (NYSE:HCN) has announced, based on investments closed thus far in the first quarter and potential investments with preliminary documentation, anticipates completing approximately $2.2 billion of investments in the first quarter of 2015.
With seniors housing property sales in 2014 hitting $17 billion – exceeding the $15 billion recorded last year – industry executives predict no slowdown in the acquisitions market in the year ahead. Capital continues to flood the sector from established and new players alike, as property prices are expected to continue to rise amid fierce competition for trophy facilities.
WESTLAKE VILLAGE, Calif. — LTC Properties, Inc. (NYSE:LTC), a real estate investment trust that primarily invests in seniors housing and health care properties, completed the re-leasing of 20 assisted living properties to Senior Lifestyle Corporation and Veritas InCare, LLC.