Summit is a publicly registered non-traded REIT that is focused on investing in seniors housing and care real estate located throughout the United States. The current portfolio includes interests in 53 facilities in 14 states. Please visit our website at: http://www.summithealthcarereit.com
Company profile
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Cornerstone Core Properties REIT, Inc., Cornerstone Realty Fund Inc
SEC CIK
Corporate docs
Subsidiaries
Summit Healthcare Operating Partnership, L.P. • Summit Healthcare Asset Management, LLC • SHOP TRS LLC • Cornerstone Healthcare Partners, LLC • Cornerstone Healthcare Holdings • CHP Sheridan LLC • CHP Portland LLC • CHP Friendswood SNF, LLC • CHP Tigard, LLC • Healthcare Property Holding Co., LLC ...
IRS number
731721791
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
29 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
DEFA14A
Additional proxy soliciting materials
18 Sep 23
DEF 14A
Definitive proxy
18 Sep 23
8-K
Departure of Directors or Certain Officers
11 Sep 23
10-Q
2023 Q2
Quarterly report
11 Aug 23
8-K
Departure of Directors or Certain Officers
18 Jul 23
10-Q
2023 Q1
Quarterly report
12 May 23
8-K
Other Events
18 Apr 23
10-K
2022 FY
Annual report
31 Mar 23
Latest ownership filings
3/A
Sharyn I Grant
22 Feb 24
3
Sharyn I Grant
21 Jul 23
SC 13G
MACKENZIE CAPITAL MANAGEMENT, LP
3 Feb 22
SC 13G
MACKENZIE CAPITAL MANAGEMENT, LP
9 Feb 21
4
JACK STEVEN ROUSH
26 Mar 19
4
ELIZABETH A. PAGLIARINI
26 Mar 19
4
Suzanne A Koenig
26 Mar 19
4
Kent Eikanas
26 Mar 19
4
Suzanne A Koenig
17 May 18
4
Kent Eikanas
17 May 18
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 14.49 mm | 14.49 mm | 14.49 mm | 14.49 mm | 14.49 mm | 14.49 mm |
Cash burn (monthly) | (no burn) | 35.50 k | 3.70 mm | 384.08 k | 300.00 k | 80.50 k |
Cash used (since last report) | n/a | 211.26 k | 22.02 mm | 2.29 mm | 1.79 mm | 479.06 k |
Cash remaining | n/a | 14.28 mm | -7.54 mm | 12.20 mm | 12.70 mm | 14.01 mm |
Runway (months of cash) | n/a | 402.2 | -2.0 | 31.8 | 42.3 | 174.0 |