Sunrise Senior Living, Inc. (NYSE: SRZ) has entered into a settlement and restructuring agreement with HCP (NYSE:HCP) to transition Sunrise from management of 27 HCP-owned senior living communities for an aggregate cash payment of $50 million to Sunrise, and to settle the lawsuits between the Company and HCP pending in Virginia and Delaware.  HCP paid [...]

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Last week, the the Superior Court of the State of California, County of Humboldt, denied the Motion for Mistrial or New Trial on Grounds of Juror Misconduct filed previously by Skilled Healthcare Group, Inc. (NYSE: SKH).  In early July, Skilled Healthcare announced that the jury returned a verdict against the company for $671 million dollars. 

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Kindred Healthcare, Inc. (NYSE: KND) announced last week that its subsidiaries have signed a definitive agreement to acquire five long-term acute care ("LTAC") hospitals from Vista Healthcare, LLC ("Vista") for a purchase price of $180 million in cash.  Kindred also announced that its subsidiaries have signed a definitive agreement to acquire three recently constructed nursing [...]

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Sun Healthcare Group, Inc. (NASDAQ: SUNH) announced the completion of its previously announced sale of over 26 million shares of its common stock.  The net proceeds were approximately $224.8 million after deducting various expenses associated with the offering.  Sun intends to use the net proceeds from the offering to repay a portion of the outstanding [...]

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LTC Properties, Inc. (NYSE:LTC) recently reported results that show net income rising to $7.7 million for second quarter 2010 versus $6.8 million in Q2 2009.  Revenues rose to $18.2 million in Q2 2010 from $17.4 million for the same quarter in 2009.  During the quarter, LTC acquired two properties and paid off a $7.6 million [...]

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Assisted Living Concepts, Inc. (NYSE:ALC) announced earnings this week that showed net income of $2.9 million on revenues of $58 million in the second quarter of 2010.  The earnings were impacted by write-downs of equity investments and reorganization of various divisions and write-off of expenses with an expansion project was not completed.  ALC had occupancy [...]

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The Ensign Group, Inc. (Nasdaq: ENSG) last week reported net income of $9.6 million for the quarter on a 19% revenue increase to $157.9 million.  During Q2 2010, Ensign saw its occupancy stay essentially flat at 79.3% when compared to same quarter 2009 results and saw its overall average daily revenue increase from 2009 by [...]

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Skilled Healthcare Group Inc. (NYSE: SKH) recently reported Q2 2010 operating results where the company’s revenues rose to $200.97 million and the net income declined to $4.5 million when compared to the same period in 2009.  The company’s occupancy rates were 83.5 percent during the second quarter of 2010, compared to 84.0 percent in the [...]

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Health Care REIT, Inc. (NYSE:HCN) announced a second quarter 2010 net profit of $51.1 million versus $64.8 million during Q2 2009.  HCN attributed the lower profits to expenses associated with the extinguishment of debt and costs for acquisitions.  The company also announced that it will form an $817 million partnership with Merrill Gardens, LLC to [...]

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Capital Senior Living Corporation (NYSE:CSU) announced results for the second quarter of 2010 last week that showed a seven percent increase in revenues to $50.5 million in Q2 2010 when compared to a year earlier.  The company’s Cash From Facility Operations (“CFFO”) increased 26 percent to $4.4 million and showed net income of $1.5 million [...]

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Sunrise Senior Living, Inc. (NYSE: SRZ) announced its financial results and operating data for the second quarter of 2010 that showed revenues of $349.1 million in the second quarter, down 3 percent from $359.7 million a year earlier.  The company’s net income for the second quarter of 2010 was $46.3 million as compared to net [...]

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HCP announced results for the quarter ended June 30, 2010 that shows a drop in earnings by 13% for the quarter compared to the second quarter of 2009.  Revenues increased to $303 million for the quarter, an increase of 3.6%, and saw its Funds From Operations remain flat when compared to Q2 2009 at .55 [...]

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