MedCap Properties LLC acquires, builds and manages hospitals, medical office buildings, specialty physician clinics, ambulatory surgery centers, parking structures and other ancillary medical facilities. MedCap was recently acquired by Health Care Property Investors, Inc. (HCPI) and now, as a wholly owned subsidiary, they are responsible for all HCPI's real estate development and management. HCPI is the largest publicly traded healthcare REIT in the nation with a market capitalization of $5.4 Billion and a portfolio exceeding 550 medical facilities, totaling over 34 million square feet, in 44 states.