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Investor Site Last Updated:
June 23, 2009
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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 264 senior care facilities and capacity for approximately 29,500 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's Subsidiaries Amend U.S. and Canadian Lines of Credit - June 23, 2009
Extendicare REIT renews and amends its U.S. Line of Credit ahead of schedule; and amends its Canadian Line of Credit ...More
Extendicare REIT Declares June 2009 Distribution of C$0.07 per Unit - June 15, 2009
Extendicare REIT announces a cash distribution of C$0.07 per unit for the month of June 2009, to be paid on July 15, 2009 to unitholders of record on June 30, 2009 ...More
Extendicare REIT Announces Improved 2009 First Quarter Results - May 6, 2009
Extendicare REIT reports 2009 first quarter revenue of $584.2 million; EBITDA of $64.8 million and AFFO from continuing operations of $24.2 million ($0.332 per basic unit). Cash on hand of $120.1 million ...More
Federal Court Throws Out Washington Class Action Lawsuit Against Extendicare - March 24, 2009
Extendicare REIT announced that a federal district court judge ruled today that a class action lawsuit brought against Extendicare in the State of Washington could not be proven and ordered the case closed ...More
Extendicare REIT Announces Federal Court Throws Out Minnesota Class Action Lawsuit - March 4, 2009
Extendicare REIT announced that a federal district court judge ruled today that a class action lawsuit brought against Extendicare in Minnesota was improper and ordered the case dismissed in its entirety. ...More
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