HCP, Inc. (HCP) Tops Q2 FFO by 1c
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August 1, 2017 8:05 AM EDT
IRVINE, Calif., Aug. 1, 2017 /PRNewswire/ --
SECOND QUARTER 2017 AND RECENT HIGHLIGHTS
    EPS, FFO and FFO as adjusted per share, were $0.04, $0.35 and $0.48, respectively
    Achieved year-over-year three- and six-month SPP Cash NOI growth of 2.1% and 3.1%, respectively
    Completed or under contract on $75 million of acquisitions and generated $399 million of proceeds from dispositions and loan repayments through August 1st
    Announced $116 million of new development and redevelopment projects
    Repurchased $500 million of our 5.375% senior notes due 2021 and remain on-track to meeting our previously disclosed leverage targets
    Entered into a definitive agreement to sell our Tandem debt investment for $197 million
    Enhanced... More
