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HCP (HCP) +1.9% premarket after announcing a deal to own 61 senior living communities operated...
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Wednesday, June 1, 2011, 9:24 AM ETHCP (HCP) +1.9% premarket after announcing a deal to own 61 senior living communities operated by Brookdale Senior Living (BKD). HCP says the venture "should produce attractive upside in cash flow growth for the portfolio, especially given where we are in the real estate cycle for senior housing." (PR)
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