On Wednesday, Shares of HCP, Inc. (NYSE:HCP), gained 4.07% to $39.59.
HCP, declared that J. Justin Hutchens will become Executive Vice President and Chief Investment Officer – Senior Housing and Care, effective September 8, 2015.
Mr. Hutchens joins HCP from National Health Investors, Inc. (NHI), where he was employed since 2009, and most recently served as President and Chief Executive Officer since 2011. He has over 20 years of investing and operating experience in senior care, counting multi-site administration of assisted living and skilled nursing facilities, in addition to national experience with Summerville Senior Living and Emeritus Senior Living.
“We welcome Justin to HCP and look forward to his leadership of our senior housing and post-acute/hospital portfolios,” said Lauralee Martin, HCP’s President and Chief Executive Officer. “Justin is an accomplished executive with a proven track record in REIT investments and senior care operations. We are excited to bring Justin on board to complement our practiced team.”
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry counting sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing.
Shares of Corporate Office Properties Trust (NYSE:OFC), inclined 1.34% to $23.43, during its last trading session.
Corporate Office Properties Trust, has accomplished the acquisition of 100 Light Street and its 560-space structured parking garage, 30 Light Street in downtown Baltimore for $121.0 million.
Corporate Office Properties Trust, a real estate investment trust (REIT), engages in the acquisition, development, ownership, administration, and leasing of suburban office properties.
Finally, Enbridge Inc (USA) (NYSE:ENB), ended its last trade with 0.49% gain, and closed at $42.67.
Enbridge Pipelines Inc., declared that it has accomplished its transfer of EPI’s ownership interest in Enbridge Energy Company, Inc., a wholly-owned U.S. partner of EPI, to a wholly-owned partner of Enbridge Inc..
The U.S. Reorganization was part of a formerly planned structural reorganization, which commenced in 2011, and a pre-closing transaction for the transfer of Enbridge’s Canadian Liquids Pipelines Business and Renewable Energy Assets to the Enbridge Income Fund as formerly declared on June 19, 2015.
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals.
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