AlerisLife rejected 2 suitors before accepting managing director’s acquisition offer
By
Lois A. Bowers
Feb 21, 2023
AlerisLife rejected two acquisition offers before ultimately accepting one made by an entity controlled by one of its managing directors, who also is the chair of its board, according to documents filed...
Holiday occupancy steadily improving, NHI says
By
Lois A. Bowers
Aug 09, 2017
Holiday Retirement properties in real estate investment trust NHI’s portfolio have seen a steady increase in occupancy over the past three months as the country’s largest independent living...
Long-term care operator Diversicare to be acquired by DAC Acquisition
By
Lois A. Bowers
Aug 27, 2021
Brentwood, TN-based Diversicare Healthcare Services will be acquired by New York-based retirement assets manager DAC Acquisition, the company announced Friday morning. The transaction is expected to close...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
Workers want more than a paycheck
By
Lois A. Bowers
Feb 21, 2017
New research reveals a few changes that operators could make to appeal to potential employees.
With 25 lawsuits settled, Regional Health Properties looks to focus on growing
By
Lois A. Bowers
Apr 17, 2018
Now that Regional Health Properties has settled 25 professional and general liability lawsuits, the company can focus more on growing, Interim CEO Brent Morrison said Monday during a fourth-quarter and...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...
New Senior puts half of assisted living / memory care portfolio under the microscope
By
Lois A. Bowers
May 06, 2019
New Senior Investment Group is scrutinizing 50% of the assisted living / memory care communities in its portfolio in an effort to improve the quality and performance of the portfolio, CEO Susan Givens...
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...