Sunday, Dec 04, 2016
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Revenue rise reportedby Health Care REIT

Health Care REIT Inc., a Toledo real estate investment trust, said it had gross revenues of $145 million in the third quarter, up from $139 million for the period a year ago, and had a profit of $19.1 million, or 17 cents a share, down from $53.6 million, or 55 cents a share, a year earlier.

Its funds from operations, a key measure in the industry, were 77 cents a share in the latest quarter, down from 86 cents a share a year ago.

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