by Steve Monroe | Aug 25, 2021 10:26 am | Acquisitions
One group of investors essentially took control of Genesis HealthCare, another group is trying to do the same thing with Capital Senior Living, and a third group wants to buy Diversicare Healthcare Services, and just may get its way. All three are... Read More »
by Steve Monroe | Aug 23, 2021 9:24 am | Opinion
More than 25 years ago, when private-pay assisted living burst on the scene, there was a large percentage of nursing home residents that had no other choice in their local communities, but had the financial resources to pay out-of-pocket. Many of them turned to... Read More »
by Steve Monroe | Aug 16, 2021 9:38 am | Opinion
Early today, Capital Senior Living announced revisions to its second quarter earnings report, most likely as a result of our reporting last Friday of the very misleading error, as well as management’s denial of any reporting issue during the earnings call.... Read More »
by Steve Monroe | Aug 13, 2021 8:56 am | Opinion
Capital Senior Living released its second quarter earnings yesterday, and there was some good news with the bad. On the good news front, occupancy has increased from the February low of 75.3% to 81.8% at the end of July, for a whopping 650 basis point increase.... Read More »
by Steve Monroe | Aug 11, 2021 9:37 am | 60 Seconds
Transcript A few weeks ago, we wrote about the proposed recapitalization of Capital Senior Living. This will give effective control to the investor, Conversant Capital, and result in a lot of dilution to existing shareholders. The investment is also very expensive. We... Read More »