Nationwide Health Properties Inc.
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The Newport Beach real estate investment trust reported that funds from operations for the third quarter increased to $24.9 million, or 54 cents a share, from the $24.6 million, or 52 cents a share, recorded a year ago. Net income declined 4% to $15.8 million, or 34 cents a share, from $16.4 million, or 37 cents a share. Revenue increased 13% to $41.5 million.
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