1 min read
Add as a preferred source on GoogleSienna Senior Living Q3 Revenue Rises 12.4% to $295.7 Million
Net operating income rose 18.2% to $65.6 million, while same-property NOI increased 8.7% to $57.8 million.
Sienna Senior Living Inc. recorded third-quarter revenue of $295.7 million on a proportionate basis, 12.4% above the year-earlier quarter. The increase totaled $32.6 million.
Net operating income (NOI) rose 18.2% from the same quarter a year earlier to $65.6 million, a gain of $10.1 million. Same-property NOI reached $57.8 million, up 8.7%, with increases of 6.2% in long-term care and 11.6% in retirement.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.