Health Care Property Investors Inc., Costa Mesa,...

Health Care Property Investors Inc., Costa Mesa, has acquired 11 long-term care facilities valued at $24.9 million from The Hillhaven Corp. of Tacoma, Wash., and has leased them back to Hillhaven affiliates on a long-term basis. The acquisition was made by a newly formed limited partnership, HC Investors I, in which HCP Investors holds a 50% interest.