Health Care REIT Gross Investments of $3.2 Billion for 2010

Health Care REIT, Inc. HCN announced today that it completed $3.2 billion of gross investments during calendar 2010. During the year, the company had dispositions of $196 million, resulting in 2010 net investments of $3.0 billion. For the three months ended December 31, 2010, the company completed $1.6 billion of gross investments, offset by $77 million of asset sales and loan payoffs, generating $1.5 billion of net new investments for the fourth quarter. Approximately $1.2 billion of our fourth quarter investments closed during the final week of December.
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