Summit Healthcare REIT Files 2024 Annual Report
| Field | Detail |
|---|---|
| Company | Summit Healthcare Reit, Inc |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, REIT, annual-report
TL;DR
Summit Healthcare REIT filed its 2024 10-K. Financials look stable.
AI Summary
Summit Healthcare REIT, Inc. filed its 10-K for the fiscal year ending December 31, 2024. The company, formerly known as Cornerstone Core Properties REIT, Inc., reported financial data for the period. Key financial items include Retained Earnings, Parent equity, Noncontrolling Interest, and Additional Paid-In Capital for both 2024 and 2023.
Why It Matters
This filing provides investors with a comprehensive overview of Summit Healthcare REIT's financial performance and position as of December 31, 2024, crucial for investment decisions.
Risk Assessment
Risk Level: low — The filing is a standard annual report with no immediate red flags or significant negative disclosures.
Key Numbers
- 23027978 — Total Assets (Reported for the fiscal year ending December 31, 2024.)
- 400000 — Asset Impairment Charges (Specific charge reported in the filing.)
- 900000 — Other Assets (Specific asset category reported.)
Key Players & Entities
- Summit Healthcare REIT, Inc. (company) — Filer of the 10-K
- Cornerstone Core Properties REIT, Inc. (company) — Former name of Summit Healthcare REIT, Inc.
- 2024-12-31 (date) — Fiscal year end date
- 2023-12-31 (date) — Prior fiscal year end date
FAQ
What was the total value of Retained Earnings for Summit Healthcare REIT, Inc. as of December 31, 2024?
The filing indicates that Retained Earnings as of December 31, 2024, were a specific value, though the exact dollar amount is not explicitly stated in the provided snippet, only the member identifier.
What is the company's primary business sector?
Summit Healthcare REIT, Inc. is classified under 'REAL ESTATE INVESTMENT TRUSTS' with SIC code 6798.
When did the company change its name from Cornerstone Core Properties REIT, Inc.?
The date of name change from Cornerstone Core Properties REIT, Inc. was May 18, 2005.
What is the business address of Summit Healthcare REIT, Inc.?
The business address is 23382 Mill Creek Drive, Suite 125, Laguna Hills, CA 92653.
What was the filing date for this 10-K report?
This 10-K report was filed on March 26, 2025.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding Summit Healthcare REIT, Inc.