Financial

Sienna Announces 4Q 2021 Results Release Date, Conference Call

Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) announced that it will report its 2021 fourth quarter results after market close on Thursday, February 24, 2022. Nitin Jain, President and Chief Executive Officer, and Karen Hon, Chief Financial Officer and Senior Vice President, will host a conference call for …

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Sonida Senior Living Announces December 2021 Occupancy

Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services announced its December 2021 occupancy. December Highlights December average occupancy increased 40 bps sequentially – in a typically slow seasonal period—from November 2021 to 81.6%—its highest point in 2021. …

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Eagle Senior Living to Restructure to Achieve Healthier Financial Future, Long-Term Success

American Eagle Delaware Holding Company LLC and certain of its subsidiaries (collectively, “Eagle Senior Living” or the “Company”) today announced that they have taken necessary action to complete a comprehensive financial reorganization to achieve a more balanced and sustainable capital structure, creating a stronger foundation for their communities’ long-term success. …

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Sienna Announces January Dividend

Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of January 2022, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on February 15, 2022 …

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Edgemere Dallas, Lifespace Communities Announce Forbearance Agreement, Ongoing Discussions to Strengthen Financial Position

Edgemere Dallas (“Edgemere” or “the community”) and Lifespace Communities (“Lifespace”), as owner and operator, announced entry into a forbearance agreement with UMB Bank, as indenture trustee (the “Indenture Trustee”) for the Retirement Facility Revenue Bonds (the “Revenue Bonds”), and Intercity Investment Properties, Inc., as lessor (the “Lessor”) dated December 21, 2021 (the …

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Brookdale Completes $100 Million Refinancing, Prepays Substantially All Remaining 2022 Debt Maturities

Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “the Company”) announced today that it completed another significant financing transaction totaling $100 million. In addition, the Company prepaid substantially all of its remaining 2022 maturities, which will save several million dollars in annual interest expense. On December 20, 2021, the Company obtained $100 million of mortgage …

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Sienna Announces December Dividend

Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of December 2021, representing $0.936 per Common Share on an annualized basis. The dividend will be payable on January 14, 2022 …

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