HCR ManorCare

Reuters is reporting that private equity firm The Carlyle Group will soon take HCR ManorCare public in an offering that could raise as much as $500 million. The company is expected to file IPO registration paperwork with the U.S. Securities and Exchange Commission within the next month. The IPO...

Morgan Keegan reports that it expects “strong internal NOI growth and a significant benefit going forward from the accretive addition of the HCR ManorCare master lease” from HCP, Inc. (NYSE: HCP). “Various nonrecurring items affect earnings comparability in the first half of the year,” Morgan...

Goldman Sachs said that while it expected a transaction with HCR ManorCare due to HCP, Inc.'s (NYSE: HCP) significant debt investment, “we believed the timing of any deal would be closer to the associated debt's maturity in 2012/13.” That being said, Goldman Sachs writes, “the potential...