TOLEDO, OH—Health Care REIT said Thursday afternoon that its acquisition pipeline for the second half of the year would total $1.7 billion, mainly in the seniors health and housing segments. To that end, the Toledo, OH-based REIT on Friday priced a stock offering that could raise more than $1 billion.

HCN has priced the offering of 15.5 million common shares at $63.75, and will give the underwriters an option to purchase up to 2,325,000 additional shares. That would yield up to $1.1 billion, which the REIT plans to use to repay debt and acquire properties.

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