Skilled Healthcare Group, Inc. (NYSE: SKH) announced the completion of its special investigation relating to the understatements of its accounts receivable reserves in its financial statements for the periods January 1, 2006 through March 31, 2009. Skilled Healthcare has completed the restatement of its consolidated financial statements for the three years ended December 31, […]

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Last month the Colorado Association of Homes and Services for the Aging named nine winners for the association’s fifth annual Quality First Awards. Quality First is a voluntary program that senior living communities nationwide are undertaking to build excellence in aging services. CAHSA, a leading organization in Colorado for senior housing and care, has […]

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Sun Healthcare Group, Inc. ("Sun") (NasdaqGS:SUNH) is participating and presenting at the Jefferies Healthcare Conference this week and released a copy of its presentation for the general public.  The presentation gives investors an overview of its current business operations and presents some financial information from its first quarter 2009 operations.  The company reports that […]

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The concept of aging in place has long been held by many as the most cost effective solution for senior housing and one that provides a high degree of satisfaction.  Is that perspective a reality or a commonly held misconception?  Professor Stephen Golant from the University of Florida submitted this paper to Senior Housing News […]

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Skilled Healthcare Group, Inc. (NYSE: SKH) today announced that the Skilled Healthcare Group expects to restate its consolidated financial statements for the quarterly and annual periods from January 1, 2006 through March 31, 2009. As a result, the Audit Committee of the Board of Directors today has concluded that investors should no longer rely on […]

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Mainstreet Property Group and Trilogy Health Services recently announced a strategic agreement to develop senior care campuses in key markets throughout Indiana, Michigan and Ohio. Under this agreement, Mainstreet will underwrite and develop six to eight properties per year for Trilogy through the year 2012.  Mainstreet has already funded and developed several like properties in […]

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Cambridge Realty Capital Companies recently announced that it completed its first refinance using HUD’s new Lean funding process for the 83-bed (58 skilled and 25 personal care beds) Beaver Dam Nursing & Rehab Center in Beaver Dam, Kentucky.  Cambridge Chairman Jeffrey A. Davis said a $4.2 million FHA-insured loan was arranged for the owner and […]

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Australian based real estate investor, the GPT Group, is feeling the effects of the strain of the global housing & credit market when it showed a $3 billion dollar loss for 2008.  This is a different take from when GPT acquired and interest in Benchmark Assisted Living and a portfolio of New England assisted […]

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LTC Properties, Inc. (NYSE:LTC) released results of operations for the three months ended March 31, 2009 earlier this month and announced that net income allocable to common stockholders for the first quarter was $8.0 million or $0.35 per diluted share which includes $0.6 million related to the repurchase of 109,484 share of preferred stock, as […]

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The National Association of Home Builders’ (NAHB) 50+ Housing Council announced the winners for its 2009 Best of 50+ Housing Awards, which honor excellence and innovation in the design, development and marketing of housing for older consumers late last month. The annual awards program, held during the Building for Boomers and Beyond: 50+ Housing Symposium, […]

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The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services and assisted living companies, reported record results earlier this month for the first quarter of fiscal year 2009.  The company reported total revenue of $130.3 million, a 14% increase from the same period in 2008 and […]

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Nationwide Health Properties, Inc.(NHP) reported results last week that showed an increase in revenues of 14% and an increase in diluted funds from operations (FFO) compared to first quarter of 2008.  During the quarter NHP sold three buildings in the first quarter for approximately $35.0 million in gross proceeds and invested $8.0 million in revenue […]

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