Business & Finance
Thu, May 3, 2012
TOLEDO, Ohio--([ BUSINESS WIRE ])--Health Care REIT, Inc. (NYSE:HCN) announced today the opening of a Western Regional Office in Newport Beach, California. The companyas enhanced presence on the West Coast is a natural extension of Health Care REITas relationship investing strategy and the concentration of its portfolio in East and West Coast markets and top 31 MSAas. The office will be led by Mercedes Kerr, Health Care REITas Senior Vice President a" Marketing.
"The opening of our Western Regional Office underscores our commitment to leading seniors housing operators and health care providers in Western markets"
aThe opening of our Western Regional Office underscores our commitment to leading seniors housing operators and health care providers in Western markets,a commented George L. Chapman, Chairman, Chief Executive Officer and President of Health Care REIT. aIt will enable us to be better connected and to more rapidly respond to opportunities in this area.a
Health Care REIT distinguishes itself as a relationship-focused company, and the opening of a Western Regional Office will complement the companyas strategic focus. The expansion will enhance Health Care REITas presence in the West while providing a local base to support the needs of the companyas new and existing partners.
aHealth Care REIT is taking a leadership role in the transformation of seniors housing and health care delivery systems in the Western regional market,a stated Mercedes Kerr. aI am excited about the many opportunities for our current and future partners on the West Coast.a
About Health Care REIT, Inc. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of seniors housing and health care real estate. The company also provides an extensive array of property management and development services. As of December 31, 2011, the companyas broadly diversified portfolio consisted of 937 facilities in 46 states. More information is available on the companyas website at [ www.hcreit.com ].
