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Health Care REIT- (HCN)-is an equity real estate investment trust that invests across the full spectrum of senior housing and health care real estate, including independent living/continuing care retirement communities, assisted living facilities, skilled nursing facilities, hospitals, long-term acute care hospitals and medical office buildings. Founded in 1970, the company was the first real estate investment trust to invest exclusively in health care facilities. The company also offers a full array of property management and development services. As of March 31, 2008, the companys broadly diversified portfolio consisted of 646 properties in 38 states. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.
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DIRECT COMPETITORS
The following dividend stocks are considered direct competitors of Health Care REIT (HCN):