Irvine, CA-based HCP has hired Scott Brinker as executive vice president and chief investment officer, with an effective date of January 4, 2018. Brinker will report to HCP’s CEO, Tom Herzog.
“Scott will be a tremendous addition as we continue to successfully execute our strategic initiatives and grow our Company,” says Herzog, the REIT’s Chief Executive Officer. “He has an outstanding track record of building and asset managing large-scale portfolios through a disciplined investment process, and we are excited to welcome him to our Company.”
Brinker most recently served as chief investment officer at Welltower Inc. from July 2014 to January 2017. Prior to that, he served as Welltower’s Executive Vice President of Investments from January 2012 to July 2014. From July 2001 to January 2012, he served in various investment and portfolio management related capacities with Welltower.
“I am honored and thrilled by the opportunity to join HCP,” says Brinker. “HCP has a strong portfolio in attractive healthcare segments, and I believe my experience and background will be complementary to the company’s skilled executive team.”
HCP invests primarily in real estate serving the healthcare industry in the United States. HCP owns a large-scale portfolio diversified across multiple sectors, led by senior housing, life science and medical office.
According to the REIT’s most recent Q1 report, it plans to continue the process of building out its executive team. According to Analyst Michael Carroll of RBC Capital Markets, HCP is also in the process of repositioning the portfolio in order to drive solid cash flow growth.