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Entries Tagged as 'Senior Housing Stocks'

Nationwide Health Properties Sees FFO Rise in Q2 2010

August 3rd, 2010 · Comments Off

Nationwide Health Properties, Inc. (NYSE: NHP) announced results of operations for the second quarter ended June 30, 2010. NHP’s Q2 2010 revenues increased 12.9% TO $109 million compared to $96 million in second quarter 2009 and its Funds From Operations (FFO) rose to $68 million versus $65 million in Q2 2009.  NHP reported second-quarter income [...]

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Tags: Senior Housing Stocks

Brookdale Results For Q2 Show Revenue Growth, Occupancy Increases

August 2nd, 2010 · Comments Off

Brookdale Senior Living Inc. (NYSE: BKD) announced financial and operating results for the second quarter of 2010 that showed an increase in revenue of 9.6% compared to Q2 2009 to $549 million for second quarter 2010.  Brookdale’s Cash From Facility Operations ("CFFO") was $57.0 million, or $0.48 per share, in the second quarter, versus $52.5 [...]

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Tags: Senior Housing Stocks

Ventas Q2 2010 FFO Up 6.4% to $119 Million; Looks For More Opportunities in MOBs, Senior Living

August 1st, 2010 · Comments Off

Ventas, Inc. (NYSE: VTR) announced results for Q2 2010 that show an increase of 6.4% in its normalized Funds From Operations (“FFO”).  The companies net income for the quarter ended June 30, 2010 was $58.1 million, or $0.37 per diluted common share, after discontinued operations of $5.5 million, compared with net income attributable to common [...]

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Tags: Senior Housing Stocks

Five Star Quality Care Q2 Revenues Higher, Occupancy Flat

July 29th, 2010 · Comments Off

Five Star Quality Care, Inc. (NYSE Amex: FVE) announced its financial results this week for the quarter and six months ended June 30, 2010 that showed total revenues for the second quarter of 2010 increased 5.7% to $311.9 million from $295.0 million for the same period last year.  FVE’s net income for Q2 2010 was [...]

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Tags: Senior Housing Stocks

Sun Healthcare Group, Inc. Reports Higher Q2 2010 Revenues

July 28th, 2010 · Comments Off

Sun Healthcare Group, Inc. (NASDAQ: SUNH) announced its operating results for the second quarter ended June 30, 2010 that showed an increase in revenues of 1.3% compared to the same period in 2009.  The company posted second quarter net income of $9.97 million or $0.22 per share, compared to $10.1 million or $0.23 per share [...]

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Tags: Senior Housing Stocks

The Ensign Group Successfully Graduates Fourth Nursing Home From CMS Special Focus Program

July 27th, 2010 · Comments Off

The Ensign Group, Inc. (Nasdaq: ENSG) announced today that its Copper Ridge Health & Rehabilitation Center in West Jordan, Utah has successfully graduated from the Centers for Medicare and Medicaid Services’ Special Focus Facility program.

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Tags: Community News · Senior Housing Stocks

Sunrise Reaches Settlement on SEC Investigation

July 25th, 2010 · Comments Off

Sunrise Senior Living, Inc. (NYSE: SRZ) announced last week that it has reached a settlement agreement with the U.S. Securities and Exchange Commission ("SEC") relating to the SEC’s investigation.  The complaint and investigation, previously disclosed by Sunrise, includes allegations with respect to the financial reporting from 2003 through 2005 relating to certain accrual and reserve [...]

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Tags: Senior Housing Stocks

Gentiva Health Services Announces Preliminary Q2 2010 Operating Results

July 21st, 2010 · Comments Off

Gentiva Health Services, Inc. (Nasdaq: GTIV) announced its Q2 2010 results that showed increased revenues of 4% compared to the same period in 2009.  Gentiva, which announced the acquisition of Odyssey HealthCare in May, plans to issue updated guidance after the closing of the transaction expected in Q3 2010.  Preliminary second quarter 2010 financial highlights [...]

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Tags: Senior Housing Stocks

Equity Lifestyle Q2 Results Show Lower Occupancy, Higher Income

July 20th, 2010 · Comments Off

Equity Lifestyle Properties Inc. (NYSE: ELS) reported net income of $6.0 million, or $0.20 per share on a fully-diluted basis for the quarter ended June 30, 2010 compared to $2.9 million, or $0.11 per share on a fully-diluted basis for the same period in 2009.  Second quarter 2010 property operating revenues were $119.0 million, compared [...]

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Tags: Senior Housing Stocks

SKH Agrees to Mutual Standstill in Humbolt County Litigation

July 15th, 2010 · Comments Off

Skilled Healthcare Group, Inc. (NYSE: SKH) announced that it has agreed to a stipulation with the parties of the lawsuit in Humbolt County that was previously announced last week.  Pursuant to the stipulation, the parties have agreed to stay all proceedings in the litigation to pursue mediation and is subject to court approval.  from the [...]

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Tags: Nursing Homes · Senior Housing Communities · Senior Housing Stocks

Senior Star Set To Operate Ohio Senior Living Community

July 15th, 2010 · Comments Off

Senior Star Living announced that it has completed a long-term agreement with Toledo-based Health Care REIT, Inc. (NYSE: HCN) to lease and operate the senior living community formerly known as The Stratford at Kenwood.  The 288-unit community, located on the bluffs of the Ohio River Valley in Northeast Cincinnati, provides a full continuum of care [...]

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Tags: CCRCs · Senior Apartments · Senior Housing Stocks

NHI Announces Purchase/Lease Back Transaction and Sale of Two Skilled Nursing Facilities

July 12th, 2010 · Comments Off

National Health Investors, Inc. (NYSE:NHI) announced earlier this month the sale of two skilled nursing facilities in Texas and a $11.5 million purchase/leaseback transaction with Bickford Senior Living and its affiliates (“Bickford”) involving two assisted living facilities in Iowa and one in Indiana.  The sale of the two skilled nursing facilities in Texas was to [...]

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Tags: Nursing Homes · Senior Housing Finance · Senior Housing Sales · Senior Housing Stocks