Senior Housing Stocks

Entries Tagged as 'Senior Housing Stocks'

HCP Transitions Senior Housing Portfolio to Emeritus

December 7th, 2008 · No Comments

HCP (NYSE:HCP) announced last week that it has transitioned a portfolio of 11 senior housing communities located in various states to Emeritus Corp. (NYSE:ESC) under a new master lease.
“We are pleased with the smooth transition of these communities to Emeritus,” said HCP Chairman and Chief Executive Officer, Jay Flaherty. “We have a significant number of […]

Five Star (NYSE: FVE) Acquires Seven Senior Housing Facilities

December 4th, 2008 · No Comments

Five Star Quality Care, Inc. (NYSE Alternext US: FVE) recently announced that it has purchased seven independent living, assisted living and Alzheimer’s care communities located in North Carolina (four communities) and South Carolina (three communities) for a purchase price of $44 million. Including these seven properties, Five Star currently operates nine senior living communities in […]

Senior Housing Companies & Consumers: Mountains of Debt and Rising Costs

December 2nd, 2008 · No Comments

The New York Times ran an article that talked about the mounting debt of Sunrise Senior Living and Brookdale Senior Living. The article shows some of the challenges that both companies face and how they differ but they share similar issues when it comes to their debt loads and bank covenants. The article mentions […]

Does Five Star’s Settlement Make Its Earnings Any Prettier?

December 1st, 2008 · No Comments

Five Star Quality Care, Inc. (NYSE Alternext US: FVE) recently announced that it has entered a settlement with UBS AG and its affiliates (“UBS”) regarding Five Star’s investments in auction rate securities made through UBS. Under the terms of the settlement, UBS will purchase 100% of Five Star’s $74.8 million (face amount) of investments in […]

Can Senior Housing Stocks Continue to Deliver These Yields?

November 30th, 2008 · No Comments

The Motley Fool posted an article discussing the attractive yields that many Senior Housing Stocks are providing to investors as of November 19: Health Care REIT (NYSE: HCN) - 7.6%, Senior Housing Properties (NYSE: SNH) - 9.7%, Medical Properties Trust (NYSE: MPW) - 18.8%, National Health Investors (NYSE: NHI) - 9.0%. The article ponders whether […]

HCP Announces 3rd Quarter Results

November 24th, 2008 · No Comments

HCP (the “Company” or “we”) (NYSE:HCP) announced results for the quarter ended September 30, 2008 a few weeks ago and it’s net income applicable to common shares for the quarter ended September 30, 2008 was $120.1 million, or $0.49 per diluted share of common stock, compared to net income applicable to common shares of $316.9 […]