Quarterly Results


1Q 2018

First Quarter 2018 Highlights
  • Net income, FFO and FFO as adjusted per common share were $0.08, $0.47 and $0.48, respectively
  • Announced transaction to exit U.K. holdings; initial transaction structured as joint venture with exit rights to sell remaining interest by no later than 2020
  • Completed sale of six assets to Brookdale Senior Living, Inc. ("Brookdale") for $275 million
  • As previously announced, agreed to transition 24 assets to Atria Senior Living ("Atria"); 13 assets transitioned to date
  • As previously announced, closed on the sale of our Tandem mezzanine loan investment for $112 million 
  • Completed 150,000 square feet of leasing at our $62 million Ridgeview development, bringing the project to 100% leased
  • Scott Brinker joined HCP as Executive Vice President and Chief Investment Officer   
  • Appointed two new independent directors; Brian Cartwright named Chairman of the Board
  • Published our 7th annual Sustainability Report, a comprehensive assessment highlighting our Environmental, Social and Governance ("ESG") goals and achievements
  • Reaffirmed full-year 2018 FFO as adjusted and SPP Cash NOI guidance ranges