Real Estate Trust Gains

Nationwide Health Properties Inc., a real estate investment trust that invests in health-care facilities, reported a 10% increase in net income for the first quarter on a 21% gain in revenue. Net income totaled $12.6 million, or 32 cents a share, up from $11.5 million, or 31 cents a share, for the same period last year. Revenue rose to $22.9 million from $18.9 million.