Health Care REIT Company Description
Health Care REIT is a real estate investment trust (REIT) that invests in senior living and health care facilities, primarily skilled nursing and assisted-living facilities designed for older people needing help with everyday living. The trust also has investments in independent living facilities, medical office buildings, and specialty care facilities. It owns some 630 properties leased to health care operators in about 40 states. Additionally, the company develops new build-to-suit properties through its HCN Development Services Group subsidiary. It also invests in mortgage loans and provides construction financing for its existing properties.
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The Company Description provides a historical perspective of Health Care REIT's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Health Care REIT's evolution in the marketplace.
