by creitadmin on November 7, 2008
Third quarter results for Extendicare RIET show that stability and a measured approach to goals allow this REIT to continue in aquisitions and development even is this time of slowdown. Read the press release from Market Watch that explains their approach and results.
by creitadmin on September 23, 2008
The Board of Trustees of the REIT today declared a cash distribution of $0.0925 per unit for the month of August 2008, payable to unitholders of record at the close of business on August 29, 2008, and will be paid on September 15, 2008.
Extendicare Limited Partnership (the “Partnership”) also announced that it has declared a cash distribution of $0.0925 per Class B limited partnership unit for the month of August 2008, payable to unitholders of record at the close of business on August 29, 2008, and will be paid on September 15, 2008.
Extendicare REIT, through its wholly owned subsidiaries, is a major provider of short and long-term care services for seniors in North America. They operate 268 nursing and assisted living facilities in North America, with capacity for approximately 30,300 residents. As well, they offer medical specialty services such as subacute care and rehabilitative therapy services in the United States, and home health care services in Canada, and employ approximately 38,100 people in North America.
Read the full story on Market Watch at: http://www.marketwatch.com/news/story/extendicare-reit-announces-2008-second/story.aspx?guid=%7BD66CC80D-218C-4F7A-B4DC-DCC342515370%7D&dist=hppr