Health Care Property Investors Inc., a real estate investment trust based in Long Beach, Calif., has announced that it is changing its name to HCP Inc., effective on or about Sept. 7.The REIT said its portfolio has grown from two acute care hospitals and 22 skilled nursing homes in 1985 to assets of approximately $13 billion (upon the closing of the acquisition of Slough Estates USA Inc.) concentrated in private-pay senior housing facilities, life science campuses, and medical office buildings. "The new name recognizes the evolution of the company's real estate portfolio and operating platforms," the REIT said. The company can be found on the Web at http://www.hcpi.com.
REIT Changing Name to HCP
July 31, 2007, 2:00 p.m. EDT 1 Min Read
