LONG BEACH, CA-Healthcare and life sciences REIT HCP reported increases in FFO, earnings and same-property NOI this morning in its quarterly conference call. The REIT’s improvements in those financial performance metrics come at a time of continued investor interest in healthcare real estate, as reflected in events like the upcoming medical office buildings conference that GlobeSt.com parent company ALM will present in November in Scottsdale, AZ.

HCP reported that year-over-year diluted FFO per share increased to 63 cents for the three months ended Sept. 30, while diluted FFO as adjusted per share increased to 67 cents and diluted earnings per share increased to 41 cents. Year-over-year three- and nine-month adjusted NOI same property performance increased 4.5% and 4.6%, respectively.

Jay Flaherty, president and CEO of HCP, noted a number of strategic moves that the company completed during the quarter, including its venture with Brookdale Senior Living Inc. that includes 37 HCP-owned senior living communities previously leased to or operated by Horizon Bay Retirement Living. As part of this transaction, Brookdale acquired Horizon Bay and assumed an existing triple-net lease for nine of HCP’s properties, entered into a new triple-net lease related to four other properties and assumed Horizon Bay’s management of three HCP communities, one of which was recently developed by HCP. Brookdale also entered into management contracts, a joint venture agreement and other agreements with HCP.