Profile: Capital Senior Living Corp (CSU)

Capital Senior Living Corporation is an operator of senior living communities in the United States. As of December 31, 2008, the Company operated 64 senior living communities in 23 states with an aggregate capacity of approximately 9,500 residents, including 38 senior living communities, which the Company owned or, in which it had an ownership interest, 25 senior living communities that the Company leased, and one senior living communities it managed for third parties. As of December 31, 2008, the Company also operated one home care agency. The Company provides senior living services to the elderly, including independent living, assisted living, skilled nursing and home care services. Many of the Company’s communities offer a continuum of care to meet its residents’ needs as they change over time. This continuum of care, which integrates independent living and assisted living and is bridged by home care through independent home care agencies or the Company’s home care agency, sustains residents’ autonomy and independence based on their physical and mental abilities.

Senior Living Services

The Company provides senior living services to the elderly, including independent living, assisted living, nursing and home care services. By offering a services and encouraging the participation of the resident and the resident’s family and medical consultants, the Company is customize its service plan to meet the specific needs and desires of each resident.

Independent Living Services

Capital Senior Living Corporation provides independent living services to seniors who do not need assistance or support with activities of daily living (ADLs), but who prefer the physical and psychological comfort of a residential community that offers healthcare and other services. As of December 31, 2008, the Company had ownership interests in 28 communities, leased 14 communities and managed one communities that provide independent living services, with an aggregate capacity for 6,500 residents.

Independent living services provided by the Company include daily meals, transportation, social and recreational activities, laundry, housekeeping and 24-hour staffing. Capital Senior Living Corporation also fosters the wellness of its residents by offering health screenings (such as blood pressure checks), periodic special services (such as influenza inoculations), dietary and similar programs, as well as ongoing exercise and fitness classes. Classes are given by healthcare professionals to keep residents informed about health and disease management.

Assisted Living Services

The Company offers a range of assisted living care and services, including personal care services, 24-hour staffing, support services and supplemental services. As of December 31, 2008, the Company had ownership interests in 17 communities, leased 15 communities and provide assisted living services, which include communities that have independent living and other services, with an aggregate capacity for 2,300 residents. The residents of its assisted living residences generally need help with some or all ADLs, but do not require the more acute medical care traditionally given in nursing homes. The basic types of assisted living services offered by the Company include personal care services, which include assistance with ADLs, such as ambulation, bathing, dressing, eating, grooming, personal hygiene, and monitoring or assistance with medications; support services, which include meals, assistance with social and recreational activities, laundry services, general housekeeping, maintenance services and transportation services, and supplemental services, which include extra transportation services, personal maintenance, extra laundry services, and special care services, such as services for residents with certain forms of dementia.

The Company maintains programs and special units at some of its assisted living communities for residents with certain forms of dementia, which provide the attention, care and services needed. Specialized services include assistance with ADLs, behavior management and life skills based activities programs, the goal of which is to provide a normalized environment that supports residents’ remaining functional abilities. Whenever possible, residents assist with meals, laundry and housekeeping. Special units for residents with certain forms of dementia are located in a separate area of the community and have their own dining facilities, resident lounge areas, and specially trained staff. The special care areas are designed to allow residents the freedom to ambulate as they wish, while keeping them safely contained within a secure area with a minimum of disruption to other residents. Resident fees for these special units are dependent on the size of the unit, the design type and the level of services provided.

Continuing Care Retirement Community Services

In its continuing care retirement communities, the Company provides traditional long-term care through 24-hour-per-day skilled nursing care by registered nurses, licensed practical nurses and certified nursing assistants, as well as assisted living and independent living care. The Company also offers a range of restorative nursing and rehabilitation services in its communities including, but not limited to, physical, occupational, speech and medical social services. As of December 31, 2008, the Company had ownership interests in one community and leased one community providing a continuum of care that includes skilled nursing services with an aggregate capacity for 700 residents at all levels of care at those two communities.

Home Care Services

As of December 31, 2008, the Company provided home care services to clients at one senior living community through the Company’s home care agency and made home care services available to clients at a majority of its senior living communities through third-party providers. In addition, the Company makes available to residents certain customized physician, dentistry, podiatry and other health-related services that may be offered by third-party providers.

The Company competes with Assisted Living Concepts, Brookdale Senior Living Inc., Emeritus Corporation, Five Star Quality Care, Inc., Holiday Retirement Corporation and Sunrise Senior Living, Inc.