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Company Name: HCP

Description: Health Care Property Investors, Incorporated (HCP), a publicly traded company, was established in 1985. HCP is principally located at Long Beach, California, with offices in Chicago, Nashville and San Francisco.

The company’s top executive team is composed of Jay Flaherty as the Chairman and Chief Executive Officer (CEO), Paul Gallagher as the Chief Investment Officer, Edward Henning as the General Counsel and the Chief Administrative Officer and Corporate Secretary, Thomas Klaritch as Vice President for Medical Office Properties and Mark Wallace as the Chief Financial Officer and Treasurer.

The company operates as a real estate investment trust (REIT) in the US with its focus on properties that are used for the delivery of healthcare services. The company invests in healthcare-related properties and likewise provides mortgage financing to various healthcare facilities which the company later acquire and lease to healthcare providers. All of thee are made possibly directly through HCP or the=rough its subsidiaries or partners in joint ventures.

The company’s services are classified into several categories such as Long Term Care Facilities, Congregate Care and Acute Care Hospitals, CMedical Office Buildings Assisted Living Facilities, Freestanding Rehabilitation Hospitals and Psychiatric Care Center.

As a real estate investment trust, the company appropriates a big chunk of its proceeds to its stockholders. In 2007 alone, the company paid a dividend of $1.78 for each common share and for the year 2008, it expects to pay a dividend of $1.82 for every common share. To exempt the company from income tax, the company chose to be real estate investment trust provided it allocates 90% of it taxable profits to its stockholders.

Health Care Property Investors, Incorporated operates in various fields such as Hospital and Skilled Nursing, Senior Housing, Life Science and Medical Office. As of the middle of 2008, the company has a very expansive property portfolio which includes 267 senior housing properties, 256 medical offices, 107 life science properties, 25 hospital properties and 51 skilled nursing properties for a total pf 706 properties.

The principal goal of the company is to augment the shareholder value that it intends to achieve through an investment strategy guided by three principles, namely, opportunistic investing, portfolio diversification and conservative financing.

Some of the company’s major rivals in the industry are Nationwide Health Properties, Health Care REIT, Healthcare Realty Trust, Omega Healthcare Investors and National Health Investors.

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