Health Care REIT Prices Stock Offering

Health Care Property Investors, a Newport Beach, Calif.-based real estate investment trust, has priced an offering of 29.15 million shares of common stock at $29.85 per share.The gross proceeds are expected to be approximately $870 million, or about $1 billion if the underwriters exercise their overallotment option in full, the REIT said. The joint book-running managers of the offering were Goldman, Sachs & Co., Merrill Lynch & Co., Banc of America Securities LLC, and UBS Investment Bank. The REIT can be found online at http://www.hcpi.com.

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