KBH

SLR Investment Corp. Announces Quarter Ended March 31, 2024 Financial Results

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Mercredi, mai 8, 2024

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company”, “SLRC”, “we”, or “our”) today reported net investment income (“NII”) of $23.9 million, or $0.44 per share, for the first quarter of 2024. On May 8, 2024, the Board declared a quarterly distribution of $0.41 per share payable on June 27, 2024 to holders of record as of June 13, 2024.

Key Points: 
  • During the quarter ended March 31, 2024, SSLP had net portfolio growth of $29.1 million with $0.8 million of investments repaid.
  • SLR Investment Corp.’s Results of Operations for the Quarter Ended March 31, 2024 compared to the Quarter Ended March 31, 2023
    For the fiscal quarters ended March 31, 2024 and 2023, gross investment income totaled $58.1 million and $53.5 million, respectively.
  • SLRC’s net expenses totaled $34.2 million and $31.4 million, respectively, for the three months ended March 31, 2024 and 2023.
  • SLRC’s net investment income totaled $23.9 million and $22.1 million, or $0.44 and $0.41 per average share, respectively, for the fiscal quarters ended March 31, 2024 and 2023.

Legion Capital Announces Florida Land Development Sale To KB Home

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Jeudi, mars 28, 2024

ORLANDO, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Legion Capital Corporation (LGCP), a private equity real estate lender, announced the sale of 19.05 acres within the Harmony master planned community in Kissimmee, FL.

Key Points: 
  • ORLANDO, Fla., March 28, 2024 (GLOBE NEWSWIRE) -- Legion Capital Corporation (LGCP), a private equity real estate lender, announced the sale of 19.05 acres within the Harmony master planned community in Kissimmee, FL.
  • Sold to KB Home (KBH), conjointly with a tenured client and borrower of Legion Capital, the parcel is zoned CT, Commercial Tourist by Osceola County which allows numerous forms of multi-family, condominium, short-term rental, retail, and lodging facility construction.
  • “We are pleased to announce the successful sale of the Harmony site,” said Paul Carrazzone, chief executive officer of Legion Capital.
  • The area has experienced sustained growth and development over the years as Central Florida’s population has continued to rise.

SLR Investment Corp. Announces Quarter Ended September 30, 2023 Financial Results

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Mardi, novembre 7, 2023

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company”, “SLRC”, “we”, “us”, or “our”) today reported net investment income of $23.4 million, or $0.43 per share, for the third quarter of 2023.

Key Points: 
  • During the quarter ended September 30, 2023, SSLP invested $57.5 million in 16 portfolio companies.
  • Based on transfers made from SLRC’s balance sheet in the fourth quarter to date, as well as new investment activity, we expect the SSLP to have substantially increased its investment commitments by December 31, 2023.
  • SLR Investment Corp.’s Results of Operations for the Quarter Ended September 30, 2023 compared to the Quarter Ended September 30, 2022.
  • For the fiscal quarters ended September 30, 2023 and 2022, gross investment income totaled $59.6 million and $47.6 million, respectively.

SLR Investment Corp. Announces Quarter Ended September 30, 2022 Financial Results;

Retrieved on: 
Mercredi, novembre 2, 2022

SLR Investment Corp.s Results of Operations for the Quarter Ended September 30, 2022 compared to the Quarter Ended September 30, 2021.

Key Points: 
  • SLR Investment Corp.s Results of Operations for the Quarter Ended September 30, 2022 compared to the Quarter Ended September 30, 2021.
  • For the fiscal quarters ended September 30, 2022 and 2021, gross investment income totaled $47.6 million and $32.2 million, respectively.
  • Net expenses totaled $27.5 million and $17.2 million, respectively, for the fiscal quarters ended September 30, 2022 and 2021.
  • Net realized and unrealized losses for the fiscal quarters ended September 30, 2022 and 2021 totaled $6.5 million and $1.6 million, respectively.

Kindred Behavioral Health and Dignity Health Announce Plans for New Inpatient Behavioral Health Hospital in Glendale

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Mardi, septembre 20, 2022

Kindred Behavioral Health (KBH), a business unit of LifePoint Health , and Dignity Health today announced the signing of a letter of intent to build and operate a new inpatient behavioral health hospital on the campus of Dignity Health St. Josephs Westgate Medical Center in Glendale, Ariz.

Key Points: 
  • Kindred Behavioral Health (KBH), a business unit of LifePoint Health , and Dignity Health today announced the signing of a letter of intent to build and operate a new inpatient behavioral health hospital on the campus of Dignity Health St. Josephs Westgate Medical Center in Glendale, Ariz.
  • The behavioral health hospital in Glendale is expected to open in early 2024, subject to regulatory and other approvals.
  • Dignity Health is part of CommonSpirit Health, one of the nations largest health care systems.
  • Kindred Behavioral Health (KBH) helps partner hospitals expand access to quality behavioral health services in local communities nationwide through contract management and joint-venture partnerships.

SLR Investment Corp. Announces Quarter Ended June 30, 2022 Financial Results; Reports Net Investment Income of $0.37 Per Share

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Mardi, août 2, 2022

NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp.(NASDAQ: SLRC) (the Company or SLRC), today reported net investment income of$20.3 million, or $0.37 per share, for the second fiscal quarter of 2022 compared to net investment income, pre-merger related expenses, of $14.8 million, or $0.35 per share, in Q1, 2022.

Key Points: 
  • NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp.(NASDAQ: SLRC) (the Company or SLRC), today reported net investment income of$20.3 million, or $0.37 per share, for the second fiscal quarter of 2022 compared to net investment income, pre-merger related expenses, of $14.8 million, or $0.35 per share, in Q1, 2022.
  • At June 30, 2022, net asset value (NAV) was $18.53 per share compared to $19.56 per share at March 31, 2022.
  • For the quarter ended June 30, 2022, the Company paid monthly distributions totaling $0.41 per share.
  • The investment activity of our Comprehensive Investment Portfolio by asset class for the quarter ended June 30, 2022 was as follows:

Palomar Health Selects Kindred Behavioral Health as Partner to Build and Operate New Inpatient Behavioral Health Hospital, the Palomar Behavioral Health Institute

Retrieved on: 
Jeudi, juillet 14, 2022

We expect to break ground within 12 months and welcome our first behavioral health patients in 2024.

Key Points: 
  • We expect to break ground within 12 months and welcome our first behavioral health patients in 2024.
  • The behavioral health hospital will also collaborate with private practice physicians to provide services to members of the community seeking care.
  • Kindred Behavioral Health Services (KBH) helps partner hospitals expand access to quality behavioral health services in local communities nationwide through contract management and joint-venture partnerships.
  • We specialize in compassionate patient care across the behavioral health care continuum, including acute inpatient treatment, partial hospitalization, and intensive outpatient programs.

SLR Investment Corp. Announces Quarter Ended March 31, 2022 Financial Results

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Mardi, mai 3, 2022

NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company” or “SLRC”), today reported net investment income of $13.5 million, or $0.32 per share, for the first quarter of 2022. Excluding one-time expenses relating to the merger with SLR Senior Investment Corp. (“SUNS”), net investment income per average share would have been $0.35 for the quarter ended March 31, 2022. Please see reconciliation table in the discussion of our results of operations for the quarter.

Key Points: 
  • SLR Investment Corp.s Results of Operations for the Quarter Ended March 31, 2022 compared to the Quarter Ended March 31, 2021.
  • For the fiscal quarters ended March 31, 2022 and 2021, gross investment income totaled $33.0 million and $35.9 million, respectively.
  • Excluding one-time expenses related to the merger, net investment income per share for the quarter ended March 31, 2022 would have been $0.35.
  • SLR Investment Corp. uses these non-GAAP financial measures internally in analyzing financial results and believes that the use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing results and trends and in comparing SLR Investment Corp.s financial results with other business development companies.

SLR Investment Corp. Announces Quarter and Fiscal Year Ended December 31, 2021 Financial Results;

Retrieved on: 
Mardi, mars 1, 2022

NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) -- SLR Investment Corp. (NASDAQ: SLRC) (the “Company” or “SLRC”) today reported net investment income of $14.9 million, or $0.35 per share, for the fourth quarter of 2021. For the fiscal year ended December 31, 2021, the Company reported net investment income of $60.9 million, or $1.44 per share.

Key Points: 
  • For the fiscal year ended December 31, 2021, the Company reported net investment income of $60.9 million, or$1.44 per share.
  • *** Comprehensive Portfolio Activity for the quarter and year ended December 31, 2021 includes gross originations through SLR-CS, SLR-EF and KBH.
  • During 2021, SLR Investment Corp.originated $1.1 billion of investments across our strategies, our most active year on record.
  • The investment activity of our Comprehensive Investment Portfolio for the quarter ended December 31, 2021 was as follows:

SLR Investment Corp. Announces Quarter Ended September 30, 2021 Financial Results; Strong Q3 Origination Pace Continues into Fourth Quarter; Declares Quarterly Distribution of $0.41 Per Share for Q4, 2021

Retrieved on: 
Mercredi, novembre 3, 2021

The Board declared a fourth quarter distribution of$0.41per share payable on January 5, 2022 to stockholders of record as ofDecember 16, 2021.

Key Points: 
  • The Board declared a fourth quarter distribution of$0.41per share payable on January 5, 2022 to stockholders of record as ofDecember 16, 2021.
  • The specific tax characteristics will be reported to stockholders on Form 1099 after the end of the calendar year.
  • ** Comprehensive Portfolio Activity for the quarter ended September 30, 2021 includes gross originations through SLR-CS, SLR-EF and KBH.
  • The investment activity of our Comprehensive Investment Portfolio for the quarter ended September 30, 2021 was as follows: