Risk Factors Update Summary
- Revenue from three tenants increased from 30% to 40% of total revenue.
- The number of properties with decreased occupancy due to COVID-19 increased.
- Impairment charges decreased from $51.6 million in 2022 to $1.6 million in 2023.
- The company transitioned 15 legacy Holiday properties to SHOP structured communities in 2022.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=877860&owner=exclude
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