HCP has one of the largest and most diversified portfolios of any healthcare REIT. HCP utilizes the following five investment products: (i) properties under lease; (ii) debt investments; (iii) developments and redevelopments; (iv) investment management; and (v) DownREITs. Our revenues are derived from and are spread among the principal healthcare sectors, including senior housing, life science, medical office, hospital and skilled nursing.
As of March 31, 2010, our portfolio of properties, including properties owned by unconsolidated joint ventures consisted of:
| HCP INVESTMENT PORTFOLIO | NUMBER OF FACILITIES |
|---|---|
| SENIOR HOUSING | 257 |
| LIFE SCIENCE | 100 |
| MEDICAL OFFICE | 251 |
| HOSPITAL | 21 |
| SKILLED NURSING | 48 |
| TOTAL | 677(1) |
| NUMBER OF STATES | 42 |
| TOTAL INVESTMENTS | $ 14.1 BILLION(2) |
(1) Excludes mezzanine loans, secured loans or other debt investments.
(2) Represents the historical cost of real estate owned by HCP, the carrying amount of debt investments and 100% of the cost of real estate owned by unconsolidated joint ventures, excluding assets held for sale and under development and land held for future development, at March 31, 2010.