Health Care REIT, Inc. (NYSE:HCN) earlier this week announced its 3rd quarter operating results for the third quarter ended September 30, 2009 that showed net income attributable to shareholders of $.17 per share and released an investor presentation for November 2009 that outlines its operations and financial performance. The company announced as part of its [...]
Sunrise Senior Living, Inc. (NYSE: SRZ) announced third quarter results today that showed a net loss for the third quarter of 2009 was ($44.4) million, or ($0.88) per fully diluted share, as compared to net loss of ($68.7) million, or ($1.36) per fully diluted share, for the third quarter of 2008. Highlights from the Sunrise’s [...]
A new research paper released by the The National Investment Center for the Seniors Housing & Care Industry (NIC) analyzed the results of research seeking to find how satisfaction levels moved seniors housing residents to recommend their communities to others. The white paper, which is printed in the 2009 Seniors Housing & Care Journal along [...]
The New Jersey Housing and Mortgage Finance Agency (HMFA) recently celebrated the groundbreaking of John O. Parker, Jr. Hall, a 77-unit affordable housing apartment building located in the Centerville Retirement Community in Camden, New Jersey. Parker Hall will be a four-story, mid-rise building of one-bedroom and two-bedroom apartments for seniors and will feature wood floors [...]
Mather LifeWays recently celebrated the grand opening of The Mather, a new continuing care retirement community in Evanston, Illinois. The celebration caps six years of planning and development for the one of the more recently constructed CCRC’s in the Chicago Area. Residents of The Mather began moving into the recently completed north building in early [...]
HCP (the “Company”) (NYSE:HCP) announced results for the quarter ended September 30, 2009 that showed Funds From Operation (FFO) applicable to common shares was $32.2 million, or $0.11 per diluted share, for the quarter ended September 30, 2009, compared to FFO applicable to common shares of $174.3 million, or $0.70 per diluted share, in the [...]
The U.S. division of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF) released the latest edition of its Unretirement℠ Index, which reveals 65 percent of American workers will delay their retirement by at least one year – an 11 percent increase since the end of 2008. THe research released shows Americans plan to remain in the workforce [...]
Chartwell Seniors Housing Real Estate Investment Trust (TSX:CSH.UN) announced last month that it acquired from Spectrum Seniors Housing Development LP 100% of Chartwell Select Thunder Bay, an independent living community comprised of a 102-suite main residence and seven townhouses. The current occupancy is approximately 71% and management expects occupancies will stabilize at approximately 95% within [...]
The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign(TM) group of skilled nursing, rehabilitative care services, hospice care and assisted living companies, reported an increase in total revenue for $132.9 million for the quarter, up 14.3% from the same quarter in 2008 and the consolidated net income for the quarter climbed 13.1% [...]
