Brookdale Senior Living, Inc. (NYSE:BKD) is looking to build upon the success of its entry fee continuing care retirement community sales in 2014 after reporting strong fourth quarter and full-year 2013 results. BKD reported its cash from facility operations (CFFO) increased 29% in the fourth quarter to $88.5 million, or $0.71 per share, compared to […]
Capital One Bank Announces $115 Million in Financial Transactions Capital One Bank recently announced it acted as a joint bookrunner for an $85 million, seven-year senior secured term loan to subsidiaries of Parkwood Properties, Inc. and a $30 million revolver loan to Palm Garden Healthcare Holdings, LLC. Parkwood Properties will use the term loan to refinance […]
Grandbridge Seniors Housing Group Facilitates Acquisition Financing Grandbridge’s Seniors Housing and Healthcare Finance Team facilitated bridge financing for the joint venture between Focus Healthcare Partners and Artemis Real Estate Partners on the 192-unit Skagit Valley Senior Village in Burlington, Wash. As the project had been purchased without debt, the loan allowed the joint venture to […]
Health Care REIT, Inc. (NYSE: HCN) today announced a net income of $71.8 million in the first quarter ended March 31, 2013, up 25% from $57.5 million reported one year previously. On a per-share basis, HCN earnings for the first quarter rose to $0.21 per diluted share, compared to $0.19 from the same period a […]
Ventas Inc. (NYSE:VTR) saw its net income drop 55% to $86.3 million, or $0.29 per share, in the fourth quarter ended Dec. 31, 2012 compared to the previous year, when income was boosted by litigation gains. Last year’s fourth quarter profits of $192.9 million, or $0.66 per share, benefited from $116.9 million in litigation proceeds. […]
Net profits for long-term care pharmacy Omnicare Inc. (NYSE:OCR) rose to $18.7 million, or $0.17 per share, in the quarter ended June 30, 2012, compared to the same quarter in 2011 when the company lost $1.4 million and $0.01 per share due to discontinued operations. Gross profits rose 9.2% to $367.3 million, while net sales […]
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 […]
Equity LifeStyle Properties, Inc. (NYSE:ELS) reported a net loss of $0.2 million, translating to $0.00 per share, available to common stockholders on a fully-diluted basis for the fourth quarter ended Dec. 31, 2011, as the company continues to encounter costs associated with an acquisition made in May 2011. Overall net income for the year was […]
Ventas Inc. (NYSE: VTR) reported an increase in normalized funds from operations (FFO) to $255.1 million, or $0.88 per diluted share, for the third quarter ended September 30, up 20.5% from the previous year’s $115.4 million, or $0.73 per diluted share during the third quarter of 2010. Net income attributable to common stockholders for the […]
By Sally C. Pipes Bad news continues to plague the Obama Administration’s signature achievement — health reform. Medicare’s Chief Actuary recently projected that the nation’s healthcare bill will increase — not decrease — as a result of the new law. And a separate study from private research firm Avalere Health estimates that more than three […]
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