HCP, Inc. (HCP) Tops Q4 FFO by 2c
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HCP Announces Results for the Quarter and Year Ended December 31, 2016
February 13, 2017 8:00 AM ESTIRVINE, Calif., Feb. 13, 2017 /PRNewswire/ --
FOURTH QUARTER 2016 AND RECENT HIGHLIGHTS
--Â Â Â EPS, FFO and FFO as adjusted per share, were $0.12, $0.35 and $0.59, respectively
--Â Â Â Achieved year-over-year three-month SPP Cash NOI and SPP NOI growth of 2.6% and 2.4%, respectively
--Â Â Â Completed the spin-off of Quality Care Properties, Inc. ("QCP") (NYSE: QCP) on October 31, 2016
--Â Â Â Completed $345 million of acquisitions and loan fundings and $472 million of dispositions in the fourth quarter; in January, we completed the previously announced sale and related financing of a 40% interest in our RIDEA II joint venture... More
