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...
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
People in the news, April 5
By
Caroline Szachnowski
Apr 05, 2022
Appointments and promotions at Carroll Lutheran Village, Diversified Healthcare Trust, HMP Senior Solutions, The Harborside, Jewish HomeLife, Juniper Communities and Masonic Villages.
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
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.
Brookdale, Welltower top ASHA 50 lists, which see changes for 2021
By
Lois A. Bowers
Sep 24, 2021
The top three senior living operators and top three owners remained unchanged from 2020 as the American Seniors Housing Association released its ASHA 50 lists for 2021 on Wednesday. But the top 10 saw...
People in the news, June 8
By
Caroline Szachnowski
Lois A. Bowers
Jun 08, 2021
Appointments and promotions at 12 Oaks Senior Living, American House Senior Living Communities, Argentum, Ativo Senior Living, Bellwether Enterprise, Buckner, Cadence Living, Charles E. Smith Life Communities,...
Diversified Healthcare reports feeling ‘real change’ during pandemic recovery; Five Star adopts strategic...
By
Kimberly Bonvissuto
May 07, 2021
The COVID-19 vaccine rollout translated to a feeling of “real change,” Diversified Healthcare Trust executives said as they reported growth in occupancy, move-ins and leads in its senior housing portfolio...
Five Star to exit skilled nursing, management of 108 senior living communities as focus shifts to larger...
By
Lois A. Bowers
Apr 09, 2021
A new strategic plan will see Five Star Senior Living exiting the skilled nursing business completely, and the management of 108 communities transitioning to other operators, as the company shifts its...