Sun, Sep 21, 2014, 8:54 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Sunrise Senior Living Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • loriskhireward loriskhireward Feb 25, 2011 8:10 AM Flag

    RT: Q4/2010-Year End Shows Excellent Forward Progress

    my observations were much the same, and anticipated, and I am excited they are able to grow occupancy in these times (88.3% is exceptional imo), that debt has been butchered thru asset sales, revised mgt agreements and JVs, there is cash on hand. I also am impressed at the structure of the JV deal that gives SRZ the OPTION to purchase the facilities down the road; not a commitment, but an OPTION. This makes the restructuring of the balance sheet all the more important, as with 88% occupancy growth will need to come from multiple sources: 1) Ordan's identified overhead reduction efforts from managing fewer ALFs; 2) rate increases which show up as improved year-over-year rev growth; 3) increase in occup from 88% to 90+%; and, 4) new acquisitions, using owned ALFs as collateral. I agree that things are rosy for SRZ. 1Q11 & 2Q11 should show vast improvements in operations for continuing ops, on a year-over-year basis, and there is upside on the acquisition front. IMO, smart growth will continue to come from creative purchase decisions by Ordan & Co.


Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Genworth Financial, Inc.
NYSEFri, Sep 19, 2014 4:03 PM EDT
Hercules Offshore, Inc.
NasdaqGSFri, Sep 19, 2014 4:00 PM EDT