Real estate investment trust purchases HCR for $6.1 bln
By
Liza Berger
Jan 03, 2011
HCP Inc., a real estate investment trust, has signed an agreement to purchase the assets of HCR ManorCare Inc. for $6.1 billion from The Carlyle Group, a private investment firm.
Two major chains anticipate strong earnings during 2011
By
Liza Berger
Feb 01, 2011
Two skilled nursing companies maintained strong earnings outlooks for 2011, citing the new Medicare payment system and overall business growth.