Care Investment Trust is a newly-organized, real estate investment and finance company formed principally to invest in healthcare-related commercial mortgage debt and real estate. Co....
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jerry Doctrow - Stifel Nicolaus & Company. Jerry Doctrow - Stifel Nicolaus & Company Congratulations on restructuring with CIT. That’s certainly a big step. On that, the one thing that I was curious about is to why...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jerry Doctrow - Stifel Nicolaus. Jerry Doctrow - Stifel Nicolaus I guess a couple of things. One, just prospects for continuing to sell loans to CIT, just based on their financial situation was going on in the markets? Scott Kellman...
WESTLAKE VILLAGE, Calif. -- LTC Properties, Inc. (NYSE:LTC) announced today that it had declared the quarterly cash dividend of $0.53125 per share on its 8.5% Series E Cumulative Convertible Preferred Stock. The dividend is payable on January 16, 2009 to stockholders of record on January 2, 2009. Additionally,...
MURFREESBORO, Tenn. -- National Health Investors, Inc. (NYSE: NHI), a real estate investment trust, announced today that it will pay a special dividend of 14 cents per common share to shareholders of record on December 31, 2008 and payable on January 30, 2009. This special dividend reflects the company's continued...
2008 Third Quarter Highlights - Acquired two Assisted Living Facilities for $10.3 million during the third quarter. - Reduced Base Management Fee payable to our Manager from an annual rate of 1.75 percent of shareholders' equity to 0.875 percent of shareholders' equity. - Declared...
- New CoolLipo Trio allows physicians to do more in less time with minimal investment using trusted and effective CoolTouch technology for laser-assisted lipolysis and skin tightening, non-ablative skin rejuvenation and endovenous ablation - ROSEVILLE, Calif., Nov. 3 /PRNewswire/ -- Debuting from CoolTouch Inc., a leading U.S.-based...
NEW YORK, Oct. 31 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. , today announced that it will release third quarter 2008 financial results before the market opens on Friday, November 14, 2008. The Company will host a conference call on Friday, November 14, 2008, at 11:00 a.m. Eastern...
TOLEDO, Ohio -- Health Care REIT, Inc. (NYSE:HCN) announced today that its Board of Directors declared a dividend for the quarter ended September 30, 2008 of $0.68 per share as compared to the prior year rate of $0.66 per share. The dividend will be the company's 150th consecutive quarterly payment,...
NEW YORK -- ALPS ETF Trust today announced that ALPS ETF Trust will transfer the listing of the Cohen & Steers Global Realty Majors ETF currently listed on the NYSE Alternext US formerly the American Stock Exchange to NYSE Arca in the fourth quarter of 2008 following the recent close...
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. ("Care"), a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt, today announced that its Board of Directors has authorized the purchase, from time to time, of up to 2 million shares...
NEW YORK, Oct. 22 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. ("Care") today announced it named Steven N. Warden, President and Co-Head of CIT Healthcare to Care's Board of Directors. Mr. Warden's appointment, effective immediately, fills the vacancy on the Board. Mr. Warden joined CIT Group...
TOLEDO, Ohio -- Health Care REIT, Inc. (NYSE:HCN) announced today that the Purchase and Sale Agreement for the previously announced acquisition of Arcapita, Inc.'s 90% interest in a venture owning 29 senior housing communities has been amended to extend the due diligence period from October 17, 2008 until October 31,...
NEW YORK, Oct. 6 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. ("Care"), a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt, today announced that it has accepted the resignation of Walter J. Owens from its Board of Directors. Coincident with his resignation...
WESTLAKE VILLAGE, Calif. -- LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly common dividend on its common stock for the fourth quarter of 2008. The Company declared a monthly cash dividend of $0.13 per common share per month for the months of October, November...
WESTLAKE VILLAGE, Calif. -- LTC Properties, Inc. (NYSE:LTC) announced today that it had declared the quarterly cash dividend of $0.53125 per share on its 8.5% Series E Cumulative Convertible Preferred Stock. The dividend is payable on October 15, 2008 to stockholders of record on October 1, 2008. Additionally,...
BIRMINGHAM, Ala. -- Medical Properties Trust, Inc. (NYSE: MPW) announced today that none of its five properties in southeast Texas suffered significant damage from Hurricane Ike. All hospitals maintained full operations during and after the storm. The Company does not expect any financial impact from the effects of the storm....
Dana Holding Corporation and Health Care REIT, Inc. have reached a contingent agreement for Dana to sell its corporate headquarters building and grounds to Health Care REIT, a Toledo-based real estate investment trust, for an undisclosed sum. The sale agreement, which is contingent on the support of State and local...
Extendicare Real Estate Investment Trust ("Extendicare REIT" or "Extendicare") (TSX: EXE.UN) today said claims made in a lawsuit filed August 21, 2008, in Washington State Court in Seattle, against Extendicare Homes, Inc. and Fir Lane Terrace Convalescent Center, Inc., two wholly owned U.S. based subsidiaries of Extendicare REIT, are false...
TOLEDO, Ohio -- Health Care REIT, Inc. (NYSE:HCN) and Dana Holding Corporation (NYSE:DAN) jointly announced today that the companies have reached a contingent agreement for Dana to sell its corporate headquarters building and grounds to Health Care REIT, a Toledo-based real estate investment trust, for an undisclosed sum. The sale...
TOLEDO, Ohio -- Health Care REIT, Inc. (NYSE:HCN) announced today that its Board of Directors declared a dividend for the quarter ended June 30, 2008 of $0.68 per share as compared to the prior year rate of $0.66 per share. The dividend will be the company's 149th consecutive quarterly payment,...
