Capital Senior Living Corporation (NYSE:CSU) reported earning of $1.2 million dollars of net income for the fiscal third quarter.   Operating expenses increased by $1.0 million or 4 percent from the third quarter of 2007. As a percentage of resident and healthcare revenues, operating expenses were 63.2 percent. Food costs in the third quarter of 2008 […]

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Last week, Senior Housing Properties Trust announced its third quarter earnings showing that net income was $29.1 million, or $0.25 per share, for the quarter ended September 30, 2008, compared to net income of $20.6 million, or $0.25 per share, for the quarter ended September 30, 2007.  The results include the gain on sale of […]

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Forbes Magazine and CFO.com both recently ran stories that painted a bleak picture for the outlook of Sunrise Senior Living (SRZ).  Sunrise recently reported a $68.7 million third-quarter loss and that it does not expect to meet certain financial covenants before they come due at the end of 2008.  The company is trying to refinance […]

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The Ensign Group, Inc. (Nasdaq: ENSG - News), the parent company of the Ensign(TM) group of skilled nursing, rehabilitative care services and assisted living companies, recently announced that it has purchased four skilled nursing facilities in Texas and California for an aggregate price of approximately $10.4 million.  The properties were acquired on October 28, 2008 […]

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Aegis Living, a national leader in retirement, assisted living, and memory care communities, recently announced the recent purchase of a property in Bellevue, Washington. The Bellevue location is the latest addition for the company, which has implemented a growth plan to serve the increasing needs for retirement communities throughout the West Coast. Set to open […]

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A problem that has plagued the Colorado Ski Country for many years is becoming a factor when developers are planning new senior communities in all parts of the country.  Many times, developers are required to provide a portion of their new construction to the local residents of Ski Areas at cost or a discounted rate […]

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