Health Care REIT (HCN) is upgraded to a BBB credit rating at S&P from BBB- previously....

|By:, SA News Editor

Health Care REIT (HCN) is upgraded to a BBB credit rating at S&P from BBB- previously. "HCN's diversified and good quality portfolio will produce steady cash flow over the next couple of years," says S&P, but further ratings improvement is unlikely thanks to the company's "fairly robust growth appetite and the need to fully integrate the Sunrise acquisition."