Capital Senior Living

New sales and cost-reduction initiatives should help future performance, Capital says

New sales and cost-reduction initiatives should help future performance, Capital says

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Capital Senior Living saw occupancy dip in the first quarter, but new sales and marketing initiatives, as well as efforts to reduce costs through the centralization of several operating functions, should translate to improved performance in future quarters, company executives said in an after-hours earnings call Tuesday.

More than music

More than music

Capital Senior Living residents and children are taking part in music-making experiences designed to build relationships across generations and enhance quality of life for all ages. Read more, and learn how to submit your photos!

People in the News, Feb. 27

People in the News, Feb. 27

Appointments, promotions and other news involving Capital Senior Living Corp., Charter Senior Living, Five Star Senior Living, GlenBrook Health Center, Jefferson's Ferry, Morning Pointe Senior Living, The RMR Group, Senior Housing Properties Trust, Waltonwood, WESTliving and Ziegler.

Sunrise, Holiday, Capital come out on top in new J.D. Power senior living study

Sunrise, Holiday, Capital come out on top in new J.D. Power senior living study

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Sunrise Senior Living, Holiday Retirement and Capital Senior Living had the highest scores in the inaugural study of senior living conducted by J.D. Power, the consumer research company announced Monday.

ASHA launches Senior Living Hall of Fame, inducts six

The American Seniors Housing Association launched a new Senior Living Hall of Fame and inducted six industry veterans at its annual meeting.

Largest senior living providers in 2017 named by Argentum

Largest senior living providers in 2017 named by Argentum

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This year's list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.

Capital Senior Living tries new operating model to boost performance

Capital Senior Living tries new operating model to boost performance

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Expressing disappointment in the company's recent operational and sales performance, Capital Senior Living executives outlined for shareholders and analysts the steps the company is taking to get back on track on Wednesday evening during a third-quarter earnings call.

Cohen: Hurricanes may reduce headwinds for senior living

Cohen: Hurricanes may reduce headwinds for senior living

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Capital Senior Living communities and others have been affected by Hurricane/Tropical Storm Harvey and may be affected by Hurricane Irma as well. CEO Larry Cohen sees silver linings in the storm clouds for the senior living industry, however, he said Thursday in a presentation at the Wells Fargo Healthcare Conference in Boston.

Enlivant cracks top 10 list of largest senior housing owners

Enlivant cracks top 10 list of largest senior housing owners

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Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.

Senior living continues to respond to Harvey

Senior living continues to respond to Harvey

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Senior living organizations in Texas and elsewhere continue to respond to the needs created by Tropical Storm Harvey.

Senior living operators share secrets to finding, keeping executive directors

Senior living operators share secrets to finding, keeping executive directors

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Leaders of Capital Senior Living and Five Star Senior Living used their second-quarter earnings calls this week in part to discuss their companies' approaches to recruiting and retaining executive directors.

People in the news, July 11

People in the news, July 11

Appointments, promotions and awards involving Always Best Care, Capital Senior Living, Covenant Retirement Communities, The Goodman Group, Newmark Knight Frank, Perkins Eastman and Watercrest Senior Living Group.

Will we see CEO pay ratios in 2018?

Will we see CEO pay ratios in 2018?

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Don't count on the federal government repealing or delaying a rule requiring companies to disclose the discrepancy between CEO compensation and the median compensation of employees.

People in the news, March 14

People in the news, March 14

Promotions, appointments and honors involving Asbury Place, Capital Senior Living, East Ridge at Cutler Bay, Erickson Living and The LaSalle Group.

More acquisitions, conversions on tap for Capital Senior Living

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Capital Senior Living in 2017 will be focused on acquiring new communities, increasing the number of properties it owns rather than leases, and converting some existing independent living units to assisted living and memory care units, executives told shareholders, analysts and others participating in an earnings call.

Senior living's 'Holy Grail' is bigger role in post-acute care continuum, Capital CEO says

Senior living's 'Holy Grail' is bigger role in post-acute care continuum, Capital CEO says

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Finding a way to increase partnerships with health systems and payers to play a bigger part in the post-acute care continuum is the "Holy Grail" for the senior living industry, Capital Senior Living CEO Larry Cohen said in an earnings call on Tuesday.

Capital Senior Living mourns president

Capital Senior Living mourns president

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Keith Johannessen, president, chief operating officer and a board member of Capital Senior Living, died Tuesday after battling cancer, the company announced Wednesday.

People in the news, Nov. 23

People in the news, Nov. 23

Appointments, promotions, awards and other news related to Aegis Living, Brandywine Senior Living, Brookdale Senior Living, Capital One, Capital Senior Living, Covenant Retirement Communities, Eliza Bryant Village, Genesis HealthCare, Greystone, Jefferson's Ferry, LeadingAge, Lifespace Communities, North Hill, Welltower, Wheelock Terrace and more.

Business model helps Capital Senior Living avoid some problems, CEO says

Business model helps Capital Senior Living avoid some problems, CEO says

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A business model focused on owned, private-pay assets in markets with high barriers to entry and little construction, as well as a decision not to offer healthcare ancillary services, are positioning Dallas-based Capital Senior Living for success, CEO Larry Cohen said Tuesday in a third-quarter earnings call.

Largest senior living providers named by Argentum

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New lists by Argentum name the largest overall senior living providers as well as the largest independent living, assisted living and memory care providers and the top markets for senior living.

Providers share strategies behind record-setting occupancy levels

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Capital Senior Living and Brookdale Senior Living saw record occupancy levels in June, and occupancy has continued to be healthy, leaders of the two companies said at the Wells Fargo Healthcare Conference in Boston. They shared their strategies with attendees.

Move-in record caps positive quarter for Capital Senior Living

Move-in record caps positive quarter for Capital Senior Living

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A record number of move-ins the last week of June capped off a quarter of growth in revenue, occupancy, average monthly rent, net operating income and other metrics in the second quarter as compared with the prior year, Capital Senior Living CEO Larry Cohen told participants in an earnings call on Tuesday.

Operators pursue unit conversion strategy

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Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this week.

Capital Senior Living to add board member, seek Lucus input

Capital Senior Living to add board member, seek Lucus input

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Capital Senior Living will appoint a new member to its board under the terms of an agreement with investment firm Lucus Advisors announced March 21 in advance of the organization's annual meeting.

Leaders share ways to minimize risk in senior living

Leaders share ways to minimize risk in senior living

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Senior living operators are taking several approaches to minimize payment and outcomes-related risk, participants in a panel discussion told National Investment Center for Seniors Housing & Care CEO Robert Kramer during the March 11 closing session of the group's 2016 Spring Investment Forum.

Capital Senior Living 'very optimistic' about 2016

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Capital Senior Living leaders said they are "very optimistic about our growth prospects" during an after-hours conference call Feb. 25 about the company's fourth-quarter and full-year 2015 earnings.

ASHA names executive committee members

ASHA names executive committee members

Lawrence A. Cohen, CEO and vice chairman of Capital Senior Living, has been elected chairman of the American Seniors Housing Association by the group's executive board, the organization announced Feb. 23. Other executive committee members were announced as well.

Red Alder continues to press Capital Senior Living to sell

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Investment management firm Lucus Advisors' Red Alder Master Fund continues to press Capital Senior Living to explore a sale to a third party, issuing an online presentation directly to shareholders Jan. 25 as a follow-up to a Dec. 10 public letter to the company's board of directors.

Capital Senior Living continues stock repurchase

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Capital Senior Living will continue a stock repurchase program that allows the company to buy back up to $10 million of its common stock, the company announced Jan. 14.

Major operator feeling heat to sell

Major operator feeling heat to sell

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Activist shareholder Schuster Tanger has urged Capital Senior Living Corp. to hire an investment firm to enact major changes at the firm, including a possible sale.

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In Focus

May 16

$3 million milestone

Parkville, FL 

Oak Crest recently passed the $3 million mark in the amount of scholarship funds the community has awarded to employees over the past 22 years.