Business Services Industry
Health Care REIT Inc. announces self-administered status
Business Wire, Dec 1, 1995
TOLEDO, Ohio--(BUSINESS WIRE)--Dec. 1, 1995--Health Care REIT Inc. (NYSE:HCN) is pleased to announce that today it became a self-administered REIT through completion of the merger of First Toledo Advisory Co. and the Company.
George L. Chapman, president of the Company, stated, "Health Care REIT Inc.'s move to self-administered status is another positive step in repositioning the Company in the capital markets."
Health Care REIT Inc. is a real estate investment trust that invests in health care facilities, primarily nursing homes and assisted living and retirement facilities. The Company also invests in specialty care hospitals and primary care facilities.
CONTACT: Health Care REIT Inc., Toledo
Erin Ibele or Robert Pruger, 419/247-2800
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