Health Care REIT posts investments of $702M
10/11/2010Toledo's Health Care REIT Inc. said Monday that it invested $702.5 million on senior housing, medical office buildings, and other properties and projects in the third quarter.
The real estate investment trust has made gross investments totaling $1.6 billion so far this year and anticipates exceeding the $2 billion mark for the full year.
“Our robust investment pipeline, which currently exceeds $5 billion, further demonstrates the success of our platform and relationship-based investment approach,” Chief Executive Officer George Chapman said. Health Care Reit will report its third-quarter financial results on Nov. 3.