Health Care REIT, Inc. (NYSE:HCN) announced today the opening of a Western Regional Office in Newport Beach, California. The company’s enhanced presence on the West Coast is a natural extension of Health Care REIT’s relationship investing strategy and the concentration of its portfolio in East and West Coast markets and top 31 MSA’s. The office will be led by Mercedes Kerr, Health Care REIT’s Senior Vice President – Marketing.
“The opening of our Western Regional Office underscores our commitment to leading seniors housing operators and health care providers in Western markets,” commented George L. Chapman, Chairman, Chief Executive Officer and President of Health Care REIT. “It will enable us to be better connected and to more rapidly respond to opportunities in this area.”
Health Care REIT distinguishes itself as a relationship-focused company, and the opening of a Western Regional Office will complement the company’s strategic focus. The expansion will enhance Health Care REIT’s presence in the West while providing a local base to support the needs of the company’s new and existing partners.
“Health Care REIT is taking a leadership role in the transformation of seniors housing and health care delivery systems in the Western regional market,” stated Mercedes Kerr. “I am excited about the many opportunities for our current and future partners on the West Coast.”
About Health Care REIT, Inc. Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is a real estate investment trust that invests across the full spectrum of seniors housing and health care real estate. The company also provides an extensive array of property management and development services. As of December 31, 2011, the company’s broadly diversified portfolio consisted of 937 facilities in 46 states. More information is available on the company’s website at www.hcreit.com.