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  • PRICE$22.37
  • % CHANGE0.13%


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Sentiment (10 days)

  •  Strong Buy
  •  Buy
  •  Hold
  •  Sell
  •  Strong Sell


  • BullishBullish
  • BearishBearish
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Disclaimer: Past performance may not be indicative of future results. Therefore, you should assume that the future performance of any specific investment, investment strategy (including robo-strategies), or product made in reference directly or indirectly on this website, will be profitable or equal to corresponding indicated performance levels. Robot-Traders like other investment methods rely on favorable market conditions to provide positive outcomes.

HCP, INC. (HCP) News

HCP and Atria Senior Living Announce Agreement to Transition Management of 24 Senior Housing Communities to Atria

March 5, 2018 -- HCP (NYSE: HCP) and Atria Senior Living ("Atria") announced today they have reached agreements to transition management on a portfolio of 24 HCP-owned senior housing communities from Brookdale Senior Living to Atria.

"We are pleased to meaningfully grow our relationship with Atria," said Tom Herzog, HCP President and Chief Executive Officer. "Atria has a proven track record of providing outstanding care for residents and strong property operating performance for owners. We have been discussing ways to grow together and this agreement is a win-win for both organizations."

"We are excited to partner with HCP and grow our relationship with such a high-quality, long-term owner," said Atria Senior Living Chairman and CEO John Moore. "We look forward to expanding our management services platform to these quality properties and serving more residents and families."

The transitions will begin in March 2018 and are expected to be completed by September 2018 as the required regulatory approvals are obtained.

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