Health Care REIT, Inc. Announces Gross Investments of $177.7 Million for Second Quarter 2009

TOLEDO, Ohio--(Business Wire)--
Health Care REIT, Inc. (NYSE:HCN) announced today that it completed $177.7
million of gross investments during the second quarter of 2009. During the
quarter, the company had dispositions of $78.7 million, resulting in net new
investments of $98.9 million. For the six months ended June 30, 2009, the
company completed $351.4 million of gross investments, offset by $123.0 million
of property sales and loan payoffs, which generated $228.4 million of net new
investments. The following is a summary of the company`s investment activities
(dollars in thousands):

2Q09 Year-To-Date 2009
Properties Amount Properties Amount
Construction in progress advances:
Development projects:
CCRC - entrance fee 3 $ 22,789 3 $ 50,797
CCRC - rental 1 422 1 905
Combination - entrance fee 4 22,636 4 44,340
Combination - rental 14 44,220 16 99,814
Freestanding dementia care 2 2,109 3 4,583
Freestanding skilled nursing 1 2,461 1 5,559
Specialty care facilities 3 29,645 3 51,855
Medical office buildings 5 19,444 5 45,749
Total development projects 33 143,726 36 303,602
Expansion projects:
CCRC - entrance fee 3 397 3 1,830
Combination - entrance fee 4 500 4 1,183
Total expansion projects 7 897 7 3,013
Total CIP advances 40 144,623 43 306,615

Capital improvements to existing properties 2,224 7,762
Loan advances 30,812 37,046
Gross investments 177,659 351,423

Property sales 60,304 104,572
Loan payoffs 18,440 18,440
Gross dispositions 78,744 123,012

Net investments $ 98,915 $ 228,411

The company also announced that it will release its 2009 second quarter earnings
results after the market closes on August 5, 2009. A conference call is
scheduled for 10:00 a.m. Eastern Time on August 6, 2009 to discuss these
results. The information to be discussed on the call will be contained in the
company's earnings release, which will be available in the News & Events section
of the company`s website at www.hcreit.com.

The conference call will be accessible by telephone and through the Internet.
Telephone access will be available by dialing 888-346-2469 or 706-758-4923
(international). For those unable to listen to the call live, a taped
rebroadcast will be available beginning two hours after completion of the call
through August 20, 2009. To access the rebroadcast, dial 800-642-1687 or
706-645-9291 (international). The conference ID number is 18931327. To
participate in the webcast, log on to www.hcreit.com or www.earnings.com 15
minutes before the call to download the necessary software. Replays will be
available for 90 days through the same websites.

Health Care REIT, Inc., an S&P 500 company with headquarters in Toledo, Ohio, is
a real estate investment trust that invests across the full spectrum of senior
housing and health care real estate. The company also provides an extensive
array of property management and development services. As of June 30, 2009, the
company`s broadly diversified portfolio consisted of 620 properties in 39
states. More information is available on the Internet at www.hcreit.com.

This document may contain "forward-looking" statements as defined in the Private
Securities Litigation Reform Act of 1995. When the company uses words such as
"may," "will," "intend," "should," "believe," "expect," "anticipate," "project,"
"estimate" or similar expressions, it is making forward-looking statements.
Forward-looking statements reflect current plans and expectations and are based
on information currently available. They are not guarantees of future
performance and involve risks and uncertainties. The company assumes no
obligation to update or revise any forward-looking statements or to update the
reasons why actual results could differ from those projected in any
forward-looking statements.

Health Care REIT, Inc.
Scott Estes, 419-247-2800
Mike Crabtree, 419-247-2800

Copyright Business Wire 2009