Earnings calls wrap-up: Diversified, Five Star, Sabra
By
Kathleen Steele Gaivin
Nov 05, 2021
Significant headwinds challenge senior living, but experts remain optimistic about recovery. Here is a round-up of three earnings calls held Thursday.
PwC Survey: CFOs expect permanent changes following pandemic
By
Amy Novotney
Apr 30, 2020
Chief financial leaders across the nation are expecting broad changes in their workplace, workflows, staffing demands, financial outlook and merger and acquisition strategy following the COVID-19 pandemic....
2 Five Star shareholders urge peers to reject tender offer
By
Lois A. Bowers
Nov 07, 2016
Two Five Star Quality Care shareholders on Monday urged their fellow shareholders to reject a $3-per-share tender offer set to expire at midnight Friday, saying it is “grossly undervalued, fraught...
New solar panels expected to save CCRC $40,000 per year
By
Kathleen Steele Gaivin
Feb 02, 2022
The Town Center at Covenant Living of Cromwell, a continuing care retirement community in Connecticut, is committed to conserving energy and becoming more sustainable for the future while at the same time...
Ventas riding senior housing recovery with occupancy, revenue growth
By
Kimberly Bonvissuto
Feb 22, 2022
The senior living industry pandemic recovery is underway with accelerating demand, strong rate increases and rapidly improving clinical conditions, with expectations for occupancy and revenue growth going...
People in the news, Nov. 21
Nov 21, 2017
Appointments and promotions at Asbury Place, Benchmark Senior Living, Charter Senior Living, Erickson Living, Juniper Communities, Home Care Assistance, LCB Senior Living, Life Care Services, Morning Pointe...
Capital Senior Living tries new operating model to boost performance
By
Lois A. Bowers
Nov 03, 2017
Expressing disappointment in the company’s recent operational and sales performance, Capital Senior Living executives outlined for shareholders and analysts the steps the company is taking to get...
Activist shareholder plans to vote against slate of Brookdale directors at annual meeting
By
Lois A. Bowers
Sep 13, 2018
Brookdale Senior Living shareholder Land & Buildings intends to vote against the three directors up for election at Brookdale’s annual meeting Oct. 4, the Stamford, CT-based investment manager’s...
Quality Care Properties discloses two merger-related lawsuits as potential suitor withdraws
By
Lois A. Bowers
Jul 03, 2018
A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...
A firefighter pension assets manager is suing one of the nation’s largest skilled care and assisted living companies and several executive officers, alleging investors were misled.