Health Care Property Investors, Inc. Stock Offering Nets $1 Billion

January 22, 2007 Health Care Property Investors, Inc. Stock Offering Nets $1 Billion Health Care Property Investors, Inc, (HCP) closed a public stock offering in November 2006, that netted about $1 billion. A portion of proceeds from the sale were used to repay outstanding debt incurred when HCP acquired CNL Retirement Properties, Inc. (CRP), on October 5, 2006 for a total sum of about $5.3 billion. The remainder of the public stock proceeds were used for general corporate purposes. On January 16, 2007, HCP announced an additional public offering of six million shares of common stock. Proceeds from this . . .