Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
‘No longer doubt’ about Five Star’s future as company reports first quarterly profit since 2013,...
By
Lois A. Bowers
Aug 08, 2019
Five Star Senior Living reported its first quarterly profit in six full years, realizing a net income of $4.2 million for the second quarter of 2019, President and CEO Katherine “Katie” Potter said...
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...
Second quarter, with $2.6 billion in gross investments, ‘not driven by a bunch of deals,’ Welltower...
By
Lois A. Bowers
Aug 02, 2019
Welltower’s $2.6 billion in completed gross investments made the second quarter “one of our busiest ever for investments,” Chief Financial Officer John Goodey said Thursday during the real estate...
3 initiatives will help Five Star improve operations, CEO says
By
Lois A. Bowers
Mar 07, 2019
As Five Star Senior Living executives prioritize finding a long-term solution to the company’s current financial issues, the company also is focused on three initiatives to improve operations in 2019,...
LTC Properties makes portfolio adjustments involving several operators
By
Lois A. Bowers
Mar 04, 2019
LTC Properties executives updated shareholders, analysts and others on the status of several troubled or formerly troubled operators in its portfolio — Thrive Senior Living, Frontier Management, Anthem...
Workforce issues loom large as 2019 begins, leaders say
By
Lois A. Bowers
Jan 02, 2019
Workforce issues will continue to be a dominant challenge in the senior living industry in 2019, according to leaders of several organizations representing providers. But they are entering the new year...