Assisted Living Concepts, Inc. (ALC) and its subsidiaries operated 211 senior living residences in 20 states in the United States totaling 9,305 units. ALC's residences typically range from 40 to 60 units and offer residents with the activities of daily living. The Company provides seniors with care and services, including around-the-clock assistance with activities of daily living, medication management, life enrichment, health and wellness, and other services. The majority of the residences are 40 to 60 units, single story, square shaped buildings with an enclosed courtyard, a mix of studio and one-bedroom apartments, and hallways to accommodate its residents who use walkers and wheelchairs. As of December 31, 2010, it owned 161 of its residences and operated 50 under various leases. On November 1, 2010, ALC completed the acquisition of nine senior living residences from HCP, Inc. ..
post #1 of 6
5/6/12 at 7:26pm