Health Care REIT, Toledo, Ohio, has priced an offering of 3.2 million shares of common stock at $30.25 per share.The net proceeds will be used to invest in additional health care properties, the REIT said. The joint book-running managers for the offering were Deutsche Bank Securities and UBS Investment Bank. The underwriters have been granted a 30-day option to buy up to 480,000 additional shares to cover any overallotments. The REIT can be found online at http://www.hcreit.com.
-
Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
11h ago -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
July 7 -
A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
July 7 -
The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
July 7









