Diversified Healthcare Trust: Future in ‘substantial doubt’ as stand-alone company
By
Lois A. Bowers
May 10, 2023
“Current conditions raise substantial doubt about our company’s ability to continue as a going concern as a stand-alone company,” Diversified Healthcare Trust President and CEO Jennifer Francis said...
Business briefs, April 24
By
Kathleen Steele Gaivin
Apr 24, 2023
Federal noncompete clause rule should take tailored approach, address separation agreements, senior living advocates say … Senior living move-in experience can be improved with better customer, dining...
Firms active in long-term care recognized for energy efficiency improvement efforts
By
Lois A. Bowers
Apr 10, 2023
Several companies operating in, investing in or serving senior living and care recently were honored by the federal government for their energy efficiency improvement efforts.
More news for Friday, March 3
By
Kimberly Bonvissuto
Mar 03, 2023
Diversified Healthcare Trust announces strong year-over-year improvement in senior living portfolio … Screening tool can assess cognition issues in older adults … Companies serving senior living appear...
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...
Diversified Healthcare Trust senior living portfolio on path to stabilization: CEO
By
Kimberly Bonvissuto
Aug 05, 2022
Diversified Healthcare Trust’s second-quarter results showed continued and encouraging recovery for the senior living portfolio, President and CEO Jennifer Francis said during Thursday’s earnings call.
AlerisLife, DHC: Operational review expected to stabilize senior living portfolio
By
Kimberly Bonvissuto
May 05, 2022
Reporting a first-quarter net loss of $9.7 million, AlerisLife executives said Wednesday that they have a short-term focus on stabilizing the company’s senior living portfolio by standardizing processes...
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,...
Healthcare REITs showing signs of life
By
Amy Novotney
Oct 15, 2020
Healthcare real estate investment trusts, many of which have been heavily affected by the coronavirus pandemic, have shown signs of life over the past quarter in terms of stabilizing fundamentals. That’s...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...