TOLEDO, Ohio — Health Care REIT Inc. (NYSE:HCN) has added Colin Catherwood as vice president – investments, Canada. Catherwood will lead HCN’s new office in Toronto, Ontario. He is responsible for managing the company’s Canadian portfolio and identifying and managing growth opportunities in Canada.
Catherwood has 15 years of experience in real estate, seniors housing, healthcare, and corporate finance in Canada. He most recently served as partner for Brookfield Financial, a global investment bank with headquarters in Toronto that is affiliated with Brookfield Asset Management. While at Brookfield, he worked closely with many of HCN’s existing Canadian partners, including Revera and Chartwell.
“Colin’s relationships and track record of success will enable us to build on our excellent market position in Canada,” says Tom DeRosa, HCN’s CEO. “The positive demographics and evolving healthcare landscape in Canada present substantial growth opportunities for HCN.”
Based in Toledo, HCN is a real estate investment trust that invests across the full spectrum of seniors housing and healthcare real estate. As of the end of 2014, the portfolio consisted of 1,328 properties in 46 states, the United Kingdom and Canada.