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05/16/2012
There was a record issuance in the catastrophe bond market in the first quarter of 2012, with eight new non-life issues providing over US$1.3 billion of risk capital, according to the latest Insurance-Linked Securities (ILS) Market Update from Willis Capital Markets & Advisory (WCMA), part of global insurance broker, Willis Group Holdings.
05/15/2012
Northstar Healthcare Inc. announced its financial results for the three months ended March 31, 2012. The company had cash flows provided by operations of $0.4 million, representing a $0.2 million or 69.3 percent increase compared to the prior corresponding period.
05/15/2012
The company announced an increase in revenues of 9.7 percent and an increase in operating profit of 14.5 percent.
05/14/2012
Sysco Corporation announced the appointments of Chuck Staes, Joel Grade, Scott Sonnemaker, and Greg Bertrand to leadership positions within the company.
05/14/2012
Cambridge Realty Capital Companies reports first-quarter loan origination requests were up 26 percent over the same period last year.
05/14/2012
National Health Investors, Inc. will pay a second quarter dividend of $.65 per common share to shareholders of record on June 29, 2012 and payable on August 10, 2012. This represents an annualized dividend of $2.60 per share.
05/11/2012
Sysco reports its third quarter fiscal year 2012 financial results. Among the results, the company reported an operating income of $439 million, an increase of 2.7%, compared to last year's third quarter.
05/11/2012
National Health Investors, Inc. announced its normalized Funds From Operations, its normalized Funds Available for Distribution, and net income for the three months ended March 31, 2012.
05/11/2012
The board of directors of 3M today elected Inge G. Thulin chairman of the board, effective immediately. Thulin currently serves as president and CEO. The board also declared a dividend on the company’s common stock of 59 cents per share for the second quarter of 2012.
05/11/2012
Emeritus Corporation announced its first quarter 2012 results. Among the results, Emeritus' total revenue in the first quarter of 2012 increased 7.6 percent to $323.0 million.
05/10/2012
Pathway Senior Living plans to develop an assisted living community on 3.2-acres of land in Milwaukee, Wisconsin.
05/10/2012
National Health Investors, Inc. has entered into a 7-year interest rate swap agreement with a bank counterparty to fix the annual interest rate at 3.04 percent on the $40 million, 7-year term loan that was included in NHI’s $320 million bank credit facility announced on May 1, 2012.
05/08/2012
WellAWARE Systems announced the appointment of Teresa DiMarco as its chief executive officer. DiMarco joins WellAWARE with over 25 years of executive management experience in various sectors of healthcare.
05/08/2012
Jenny Teague comes onboard as the Community Administrator for the Arvada, Colorado location, set to open by January 2013.
05/08/2012
Health Care REIT, Inc. announced operating results for the company's first quarter ended March 31, 2012. The company reported a normalized FFO of $0.87 per share, an increase of 24 percent over the same period last year.
05/07/2012
Judy Pelham has been named to Health Care REIT, Inc. Board of Directors. Ms. Pelham has been actively involved in the health care industry for over 30 years.
05/03/2012
Brookdale Senior Living Inc. reported financial and operating results for the first quarter of 2012. Among the results, total revenue for the first quarter was $683.5 million, an increase of $96.6 million, or 16.5 percent, from the first quarter of 2011.
05/03/2012
Capital Senior Living Corporation announced operating results for the first quarter of 2012. Highlights include a revenue increase of 20.7 percent to $72.2 million in the first quarter of 2012, an increase of $12.4 million from the first quarter of 2011.
05/03/2012
Lancaster Pollard had a record month in April with 25 closed transactions totaling $166.2 million in par amount.
05/03/2012
Lancaster Pollard & Company has hired Craig S. Jones to support the company’s continued growth. Jones has over 30 years of experience in the senior housing and healthcare finance industry.