Exhibit 25.1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE

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CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)

THE BANK OF NEW YORK MELLON
TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)

(State of incorporation if not a U.S. national bank)	95-3571558 (I.R.S. employer identification no.)
700 South Flower Street Suite 500 Los Angeles, California (Address of principal executive offices)	90017 (Zip code)

HCP, INC.
(Exact name of obligor as specified in its charter)

Maryland (State or other jurisdiction of incorporation or organization)	33-0091377 (I.R.S. employer identification no.)
3760 Kilroy Airport Way, Suite 300 Long Beach, California (Address of principal executive offices)	90806 (Zip code)

Debt Securities
(Title of the indenture securities)

1.     General information. Furnish the following information as to the trustee:

(a)

Name and address of each examining or supervising authority to which it is subject.

Name	Address
Comptroller of the Currency United States Department of the Treasury	Washington, D.C. 20219
Federal Reserve Bank	San Francisco, California 94105
Federal Deposit Insurance Corporation	Washington, D.C. 20429

(b)

Whether it is authorized to exercise corporate trust powers.

Yes.

2.     Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

        None.

16.   List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).

1.

A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A., formerly known as The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).



2.

A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).



3.

A copy of the authorization of the trustee to exercise corporate trust powers (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).



4.

A copy of the existing by-laws of the trustee (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-157537).



6.

The consent of the trustee required by Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration Statement No. 333-152875).



7.

A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE

        Pursuant to the requirements of the Act, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles, and State of California, on the 24th day of August, 2009.

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
By:	/s/ RAYMOND TORRES
Name:	RAYMOND TORRES
Title:	SENIOR ASSOCIATE

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Exhibit 7

Consolidated Report of Condition of
THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
of 700 South Flower Street, Suite 200, Los Angeles, CA 90017

        At the close of business June 30, 2009, published in accordance with Federal regulatory authority instructions.

				Dollar Amounts
				in Thousands
ASSETS
Cash and balances due from depository institutions:
		Noninterest-bearing balances and currency and coin			4,627
		Interest-bearing balances			111,263
Securities:
		Held-to-maturity securities			22
		Available-for-sale securities			492,259
Federal funds sold and securities
		purchased under agreements to resell:
		Federal funds sold			0
		Securities purchased under agreements to resell			0
Loans and lease financing receivables:
		Loans and leases held for sale			0
		Loans and leases, net of unearned income			0
		LESS: Allowance for loan and lease losses			0
		Loans and leases, net of unearned income and allowance			0
Trading assets					0
Premises and fixed assets (including capitalized leases)					11,783
Other real estate owned					0
Investments in unconsolidated subsidiaries and associated companies					1
Direct and indirect investments in real estate ventures					0
Intangible assets:
	Goodwill				876,153
	Other intangible assets				258,262
Other assets					157,588
Total assets				$	1,911,958
LIABILITIES
Deposits:
		In domestic offices			599
			Noninterest-bearing		599
			Interest-bearing		0
		Not applicable
Federal funds purchased and securities
			sold under agreements to repurchase:
			Federal funds purchased		0
			Securities sold under agreements to repurchase		0
Trading liabilities					0

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			Dollar Amounts
			in Thousands
Other borrowed money:
		(includes mortgage indebtedness and obligations under capitalized leases)		268,691
Not applicable
Not applicable
Subordinated notes and debentures				0
Other liabilities				195,831
Total liabilities				465,121
Not Applicable
EQUITY CAPITAL
Perpetual preferred stock and related surplus				0
Common stock				1,000
Surplus (exclude all surplus related to preferred stock)				1,121,520
Not Applicable
	Retained earnings			321,726
	Accumulated other comprehensive income			2,591
	Other equity capital components			0
Not Available
	Total bank equity capital			1,446,837
	Noncontrolling (minority) interests in consolidated subsidiaries			0
Total equity capital				1,446,837
Total liabilities and equity capital				1,911,958

        I, Karen Bayz, Managing Director of the above-named bank do hereby declare that the Reports of Condition and Income (including the supporting schedules) for this report date have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true to the best of my knowledge and belief.

Karen Bayz                )                Managing Director

        We, the undersigned directors (trustees), attest to the correctness of the Report of Condition (including the supporting schedules) for this report date and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

        Troy Kilpatrick, MD                        )

        Frank P. Sulzberger, MD                )                         Directors (Trustees)

        William D. Lindelof, VP                  )

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