Ventas, Inc. (NYSE:VTR) saw its net income attributable to common stockholders rise 8.7% to $111.9 million in the third quarter ended Sept. 30, 2012 on strength of the $1.7 billion in acquisitions the real estate investment trust has completed so far this year. As the largest senior housing and care REIT and second-large healthcare REIT, […]
Atria Senior Living
Louisville, Ky. will soon be home to an eight-story building dedicated to the creation new of healthcare products and research on the aging population, the New York Times reports. The building, located in the city’s Nucleus Innovation Park, is expected to serve as an “incubator” for innovative health ideas by including an exhibition hall dedicated […]
Growing revenues helped net profit for senior housing and healthcare real estate investment trust Ventas Inc. (NYSE:VTR) to nearly quadruple in the second quarter ended June 30, 2012 compared to the same period in the previous year, to $74 million, or $0.25 per share, versus $19.7 million or $0.11 per share. “This increase in net […]
Stop the presses! Wait….we don’t have presses but we are starting a new feature called SHN Awards Corner. We get a number of submissions from senior living companies in a variety of fields—from design and architecture to construction to management—who have gotten national recognition for their achievements. Here’s a roundup of some of the companies […]
Construction: Completed Atria Adds Memory Care Apartments to Rhode Island Senior Living Community Atria Senior Living recently opened a memory care “neighborhood” at its Atria Bay Spring Village assisted living community, located in West Barrington, R.I., reports the local Patch.com. The growing dementia population led the senior living company to add new memory care development. […]
Ventas Inc. (NYSE:VTR) saw its net income balloon in the first quarter ended March 31, 2012 to $90.6 million, an 85% increase over the previous year’s $49 million, thanks to pumped up revenue from favorable acquisitions. “Ventas continues to reap the benefits from executing on our strategy of growing and diversifying our portfolio, increasing private […]
Construction for seniors housing is still very low, according to the National Investment Center for the Seniors Housing & Care Industry, but if the most recent round of quarterly earnings calls are any indication, it looks like some real estate investment trusts (REITs) are cautiously beginning to finance some development projects. HCP, Inc.: Partnering with Brookdale for […]
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