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Nationwide Health Properties Inc

 
Hoover's Profile: Nationwide Health Properties, Inc.
(NYSE:NHP)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Nationwide Health Properties, Inc.
610 Newport Center Dr., Ste. 1150
Newport Beach, CA 92660
CA Tel. 949-718-4400
Fax 949-759-6876

Type: Public
On the web: http://www.nhp-reit.com
Employees: 33
Employee growth: 17.9%

Health care crisis? What health care crisis? Nationwide Health Properties, a real estate investment trust (REIT) that specializes in health care facilities, is more than happy to do its part to care for the nation's health. The company invests in senior housing, long-term care, medical office, and other health care-related properties throughout the US. Its portfolio includes more than 580 properties in 43 states. The REIT builds or buys facilities and then leases them to such health care providers as assisted-living companies Brookdale Senior Living (its largest customer, operating about 100 of the company's properties and accounting for more than 15% of revenues) and Emeritus.

Key numbers for fiscal year ending December, 2008:
Sales: $278.2M
One year growth: (15.5%)
Net income: $268.1M
Income growth: 19.5%

Officers:
Chairman, President, and CEO: Douglas M. (Doug) Pasquale
SVP, CFO, and Chief Portfolio Officer: Abdo H. Khoury
VP Corporate Development: Derrick D. Pete

Competitors:
HCP
Healthcare Realty Trust
Ventas

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