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, […]
Entries Tagged as 'Nursing Homes'
Skilled Healthcare Group Finishes Financial Restatement Related to Accounts Receivable Reserves
June 30th, 2009 · No Comments
Tags: Long Term Care · Nursing Homes · Senior Housing Stocks · Senior housing
CAHSA Names Quality First Winners at Annual State Conference
June 23rd, 2009 · No Comments
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 […]
Tags: Management & Operators · Nursing Homes · Senior Housing Communities · retirement communities
Sun Healthcare Provides Investors Glimpse Of Its 2009 Business Operations
June 17th, 2009 · No Comments
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 […]
Tags: Nursing Homes · Senior Housing Finance · Senior Housing Stocks
Is The Theory Of Aging In Place Flawed?
June 15th, 2009 · 1 Comment
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 […]
Tags: Low Income Senior Housing · Nursing Homes · Reverse Mortgages · independent living
Skilled Healthcare Group Announces Expected Financial Restatement Related to Accounts Receivable Reserves
June 10th, 2009 · No Comments
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 […]
Tags: Nursing Homes · Senior Housing Finance · Senior Housing Stocks
Mainstreet Property Group Inks Deal To Develop Senior Campuses With Trilogy Health
June 9th, 2009 · No Comments
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 […]
Tags: Assisted Living Facilities · Nursing Homes · Senior Housing Developers · Senior Housing Finance
Cambridge Celebrates It’s First HUD Lean Refinance Of Kentucky Nursing Home
June 3rd, 2009 · No Comments
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 […]
Tags: Management & Operators · Nursing Homes · Senior Housing Developers · Senior Housing Finance
Australian Based GPT Continues To Broadcast Its Desire To Exit US Senior Housing Market
May 28th, 2009 · No Comments
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 […]
Tags: Assisted Living Facilities · Nursing Homes · Senior Housing Finance · Senior Housing Stocks
LTC Properties First Quarter 2009 Revenues And Income Are Flat
May 28th, 2009 · No Comments
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 […]
Tags: Assisted Living · Nursing Homes · Senior Housing Stocks
Top Senior Living Communities Honored At NAHB 50+ Awards
May 25th, 2009 · No Comments
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, […]
Tags: Assisted Living Facilities · CCRCs · Nursing Homes · Senior Housing Architecture · Senior Housing Communities · retirement communities
Ensign Group Announces 1st Quarter Earnings And Acquisitions
May 25th, 2009 · No Comments
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 […]
Tags: Assisted Living · Nursing Homes · Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Senior Housing Stocks
NHP Reports First Quarter 2009 Results And Balance Sheet Moves
May 19th, 2009 · No Comments
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 […]
Tags: Assisted Living · Long Term Care · Nursing Homes · Senior Housing California · Senior Housing Finance · Senior Housing Stocks


