Senior Housing Properties Trust (NYSE:SNH) recently announced the public offering of six million common shares. SNH intends to put the proceeds of this offering toward repaying outstanding amounts from its revolving credit facility and for general business purposes, including funding acquisitions. Underwriters may also be granted a 30-day option to purchase up to an additional […]
As we head into the final quarter of 2011, employers in the senior housing and living industry are busy makes moves on their payroll. Is your company looking for top-notch talent? See our all the jobs in senior living on SHN’s job board. For $50, you can post your jobs at Senior Housing News and […]
There has been an increase in the coverage about the Obama Administration’s desire to stimulate the housing market during the last few weeks. Housing stimulus and the reform of the housing finance agencies have taken a back seat during the summer months with the debt limit drama, but there seems to be renewed interest. Many […]
It’s a steamy summer out there but this week’s Movers and Shakers are a cool and collective group. Got staffing annoucements you want to share with the world? Send those staffing announcments to us at [email protected]. Looking for top notch talent in the senior living industry? SHN’s job board has got options for you job […]
Homeownership in the United States has been the cornerstone of personal finance for the better part of 50 years. As the Baby Boomer generation faces choices about downsizing their living quarters with the prospect of either full or partial retirement on the horizon, the decision to re-invest the proceeds of a McMansion to purchase a smaller […]
Omnicare, Inc. (NYSE:OCR) reported its second quarter results that show an increase in its GAAP net income to .32 per share versus .20 per share for the same period in 2011 and an adjusted EBITDA of $146.3 million compared to $144.5 million in Q2 2011. Omnicare’s cash flow from continuing operations during Q2 saw a […]
Ok. We’ve been loathe to cover the debt ceiling drama but it appears that one of the key programs on the chopping block for the ‘Gang of Six’ proposal is the CLASS Act. The Gang of 6 plan calls for the repeal of the CLASS act as part of the ObamaCare plan, which is part […]
Summer’s heating up and so are positions in the senior living field. Are you looking to find top industry talent? Look no further than SHN’s senior housing jobs board that has all types of senior living jobs from sales and marketing, operations and executive level offerings from across the United States. But in the meantime, […]
Equity LifeStyle Properties, Inc. (NYSE: ELS) announced its results for the quarter ending June 30, 2011that shows net income available to common stockholders totaled $6.8 million for the quarter compared to $6.0 million for the same period in 2010. ELS had Funds From Operations (“FFO”) of $27.3 million for the quarter compared to $27.1 million for […]
Summertime is shorts weather, but we’re not talking about the “Bermuda” type. In the spirit of summer reading, I just finished “The Big Short” by Michael Lewis, author of the books “Liar’s Poker” and “The Blind Side.” For those who have not read “The Big Short”, it examines different business people taking short positions against the subprime […]
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