real-estate

BLADE STAFF Toledo’s Health Care REIT Inc. said Tuesday it has substantially completed its $817 million partnership with Merrill Gardens LLC, a deal announced a month ago. The Toledo real estate investment trust took an 80 percent stake in Merrill Gardens, which has 38 retirement communities, primarily in affluent markets in California and Washington state. The deal is expected to close before ………click here to continue reading

Health Care REIT Inc., a real estate investment trust, reported a rise in Funds From Operations for the second quarter, on higher rental income. On an adjusted basis, FFO per share topped Street estimates by a penny. Going forward, the company revised its earnings outlook for fiscal 2010, while expecting a significant increase in investments…….click here to continue reading

Health Care REIT Inc. said Tuesday it priced an offering of $152 million in debt due Dec. 1, 2029. The real estate investment trust plans to use the proceeds to buy back debt that comes due in 2026 and 2027…….click here to continue reading