Health Care REIT Reports Q3 Gross Investments Of $156.3 Mln - Quick Facts

Health Care REIT, Inc. (HCN) announced that it has completed $156.3 million of gross investments during the third quarter of 2009.

During the quarter, the company had dispositions of $30.1 million, resulting in net new investments of $126.2 million.

For the nine months ended September 30, 2009, the company completed $507.7 million of gross investments, offset by $153.1 million of asset sales and loan payoffs, which generated $354.6 million of net new investments.

The company also announced that it will release its 2009 third quarter earnings results after the market closes on November 4, 2009.

by RTTNews Staff Writer

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