CHEVY CHASE, Md., Aug. 6 /PRNewswire-FirstCall/ -- CapitalSource Inc. (NYSE: CSE) announced today that a newly organized, wholly owned subsidiary, CapitalSource Healthcare REIT, has filed a registration statement on Form S-11 with the Securities and Exchange Commission relating to the proposed initial public offering of approximately $300 million of CapitalSource Healthcare REIT's common shares, which are expected to be sold by CapitalSource. The offering is expected to commence late in the third quarter or early in the fourth quarter of 2008 and is subject to review by the SEC and other regulatory authoritie
I agree with codehead, health care stocks/REITs are definitely a safe(ish) and growing sector with nice divvies. Just think about all the boomers aging and needing both in-home health care help and/or having to enter long term care facilities. The sector is set to take off.
Not going to do your DD for you, it's simple enough, you should be able to find out what you want with a minimal effort.
Do we CSE stockholders get any shares in the healthcare IPO? Or the option to convert CSE shares into the IPO? Since CSE will retain the earnings of the new REIT, I guess it doesn't make any difference except for pps gains in the new entity, right?