Tuesday, November 6, 2012

Senior Housing News for 11/06/2012

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Senior Housing News
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CNN Money Ranks 25 Best Places to Retire in 2012
By Alyssa Gerace

Money Magazine recently ranked the 25 Best Places to Retire in 2012 based on a variety of factors including housing prices, income tax rate, activities and nearby attractions, climate, and the availability of healthcare.  Surprisingly, Florida didn’t make the top-5 list, squeaking in at number ten. Most places on the list are located in warm-weather ...
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Earnings Call Snippets: Storm Impact, Sequestration, and Sweet Spots
By Alyssa Gerace

Each quarter, senior living companies and the entities that invest in them release earnings reports and hold calls with analysts. At the end of each earnings call, executives will generally field questions from analysts to provide further insight or color into portfolio performance or acquisition strategy. Here are a collection of “snippets” from calls held ...
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Brookdale Loses $12 Million in Q3 Despite Record Number of CCRC Sales
By Alyssa Gerace

Brookdale Senior Living (NYSE:BKD) reported a net loss of $12 million, or $(0.10) per diluted common share, in the third quarter ended Sept. 30, 2012, despite the company’s entrance fee CCRCs producing a record number of independent living sales. “We were pleased with our overall performance in the third quarter,” said Bill Sheriff, Brookdale’s CEO, ...
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National Long-Term Care News Bites: Community Sued for Disability Discrimination
By Alyssa Gerace

Here’s a collection of news bites pertaining to the senior housing and long-term care industries, gathered from around the nation. Click the links to read the full article.  From LehighValleyLive.com—Pa. Senior Living Center Sued for Disability Discrimination “A Hanover Township, Northampton County, independent senior community discriminated against disabled applicants, according to a federal lawsuit filed ...
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