HCP's Flaherty: Most conservative capitalization in 25 years

11/20/2009 | REIT.com

HCP Chairman and CEO Jay Flaherty III said his company is the most conservatively capitalized it has been in its 25-year history. HCP continues to look for acquisition opportunities, particularly debt investments, he said. In the past 18 months, HCP has invested $1.6 billion in debt positions in companies that have exposure to the Medicare program.

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