Hilliard Lyons Downgrades Health Care REIT (HCN) to Underperform
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Health Care REIT (HCN) Tops Q2 FFO by 1c
August 2, 2016 8:16 AM EDTHealth Care REIT (NYSE: HCN) reported Q2 FFO of $1.15, $0.01 better than the analyst estimate of $1.14. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.04 billion.
Outlook for 2016 Net income attributable to common stockholders has been revised to a... More
Welltower (HCN) to Acquire Vintage Senior Living Portfolio in $1.15B Deal
August 2, 2016 7:41 AM EDTWelltower Inc. (NYSE: HCN) announced it has entered into a definitive agreement to acquire a portfolio of properties operated by Vintage Senior Living for a purchase price of $1.15 billion. The transaction comprises 19 properties offering a combination of independent living, assisted living and memory care communities in premium locations concentrated in Southern and Northern California, including the Los Angeles and San Francisco metro markets, and in the state of Washington. Welltower will transition management of these communities to three of its best-in-class operating partners, Senior Resource Group (11 properties), Sunrise Senior Living (7 properties) and Silverado (1 property),... More
