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Investor Site Last Updated:
May 9, 2008
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Extendicare Real Estate Investment Trust ("Extendicare REIT" or "Extendicare"), through its wholly owned subsidiaries, is one of North America’s largest long-term care providers with 269 nursing and assisted living facilities and capacity for approximately 30,300 residents. Extendicare is a proven operator that, over the last 40 years, has developed a reputation for providing quality, clinically-based services. Extendicare's strategy is to increase revenue rates and cash flows by focusing on high-margin, high-acuity residents with intense therapy needs. Growing demand, driven by an aging population, and significant industry consolidation, provide Extendicare with attractive growth opportunities, both internally and through acquisitions.
Extendicare REIT Announces 2008 First Quarter Results - May 8, 2008
Extendicare REIT reports 2008 first quarter AFFO from continuing operations of $19.0 million, or $0.270 per basic unit and declares May distribution of $0.0925 per unit. Integration of Tendercare exceeding expectations ...More
Extendicare REIT Declares April 2008 Distribution and Announces Change to the Composition of Distributions for U.S. Tax Purposes - April 18, 2008
Extendicare REIT announces a cash distribution of C$0.0925 per unit for April 2008, to be paid on May 15, 2008 to unitholders of record on April 30, 2008, and announces change to the composition of distributions for U.S. tax purposes beginning with the May distribution ...More
Extendicare REIT Appoints Timothy L. Lukenda as New President and CEO - April 7, 2008
The Board of Trustees of the REIT appoints Timothy L. Lukenda as the new President and Chief Executive Officer of Extendicare REIT. Philip W. Small has resigned as President and Chief Executive Officer and as a trustee of Extendicare REIT effective today due to family reasons ...More
Extendicare REIT Delivers Solid 2007 Financial Results - February 21, 2008
Extendicare REIT reports 2007 earnings from continuing operations of $75.1 million or $1.06 per diluted unit. Douglas J. Harris appointed Senior Vice-President and CFO ...More
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