Two new acquisitions for Capital Senior Living

|About: Capital Senior Living Co... (CSU)|By:, SA News Editor

Adjusted Cash From Facilities Operations (CFFO) of $9.9M or $0.35 per share vs. $9.5M and $0.34 one year ago.

Average monthly rent of $3,156 per occupied unit up 2%. Same-community occupancy of 87.1% up 30 basis points.

Completed acquisition of three senior living communities in Q2 for about $83.6M. They're expected to generate another $0.11 per share of CFFO annually.

Two additional acquisitions are announced today for a purchase price of $33.9M. These deals are expected to generate another $0.04 of CFFO annually.

Conference call at 5 ET

Previously: Capital Senior Living misses by $0.06, misses on revenue

CSU flat AH