Health Care REIT Inc said it will acquire a 75 percent stake in privately held Canadian senior living services provider Revera Inc's $1.35 billion housing community portfolio. The portfolio, which is currently owned by Revera, primarily comprises independent living communities, the companies said in a statement.
Health Care REIT, Inc. is a real estate investment trust (REIT). Shares of HCN remained unchanged at $75.62. In the past year, the shares have traded as low as $53.51 and as high as $76.00. On average, 1733230 shares of HCN exchange hands on a given day and today's volume is recorded at 0.
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