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 »
by Steve Monroe | Aug 6, 2021 9:13 am | Opinion
The one thing that has been beneficial about COVID is the enhanced reporting by the public companies. By the time they release quarterly earnings results, they have already been issuing monthly updates, mostly on occupancy, so there is rarely much of a surprise. Such... Read More »
by Steve Monroe | Jul 27, 2021 4:02 pm | Financings
Sometimes to get a deal done you have to get creative and be flexible. It appears that was the case for a recent sale of a 55-unit assisted living and memory care community located in Utah. Of the total, 42 units are assisted living and 13 are memory care. Even though... Read More »
by Steve Monroe | Jul 27, 2021 2:52 pm | 60 Seconds
Just when we thought we were emerging from the pandemic crisis, the news seems to be getting worse about this Delta variant. The good news, at least for seniors housing providers, is that it is a much younger population that is getting hit, not senior care residents... Read More »