HCP, Inc. (HCP) is a real estate investment trust (REIT), focusing primarily on properties serving the healthcare industry. The Company acquires, develops, leases, disposes and manages healthcare real estate and provide mortgage and financing to healthcare providers. HCP’s portfolio comprises investments in the five healthcare segments: senior housing, life science, medical office, hospital, and skilled nursing. The Company makes investments within five healthcare segments using the five investment products: properties under lease, investment management, developments, mezzanine loans, and non-managing member LLCs (DownREITs). As of December 31, 2008, HCP had interests in 264 senior housing facilities, including 25 facilities owned by the Company’s Investment Management Platform. As of December 31, 2008, HCP had interests in 104 life science properties, including eight facilities owned by Investment Management Platform.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, HCP, Inc.'s Property Investors, Inc.'s revenues increased 2% to$774M. Net income from continuing operations decreased 69% to $46.5M. Revenues reflect an increased rental & related revenues and higher tenant recoveries. Net income was offset by higher depreciation & amortization, a rise in general & administrative, the presence of litigation provision and higher impairments.
Company Address
HCP, Inc.
3760 Kilroy Airport Way Suite 300 Long Beach CA 90806
P: +1562.7335100