Company Profile For Nationwide Health Properties, Inc.

Nationwide Health Properties, Inc. (NHP.N) (New York Stock Exchange)
sector: Financials · industry: REIT - Residential & Commercial ·
As of  3 Dec 2009
34.08USD
Price Change
-0.06
Percent Change
-0.18%
 
 
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Overview

Nationwide Health Properties, Inc. (NHP) is a real estate investment trust (REIT) that invests primarily in healthcare-related senior housing, long-term care properties and medical office buildings. As of December 31, 2008, the Company had investments in 583 healthcare facilities located in 43 states. Its operations are organized into two segments: triple-net leases and multi-tenant leases. In the triple-net leases segment, NHP invests in healthcare related properties and lease the facilities to unaffiliated tenants. In the multi-tenant leases segment, it invests in healthcare related properties that have several tenants under separate leases. As of December 31, 2008, approximately 93% of NHP’s revenues are derived from its leases, with the remaining 7% from the Company’s mortgage loans and other financing activities.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Nationwide Health Properties Inc.'s revenues increased 7% to $292.4M.Net income from continuing operations applicable to Common increased 26% to $95.4M. Revenues reflect an increase in triple-net lease rental income and higher interest & other income. Net income also reflects a decrease in interest & amortization of deferred financing costs and an increase in income from gross margins.

Company Address

Nationwide Health Properties, Inc.
610 Newport Center Drive
Suite 1150
Newport Beach   CA   92660
P: +1949.7184400
F: +1949.7596876

Total Employees

33

Find Out More About NHP.N

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