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.
Updated: AlerisLife faces possible stock market delisting
By
Lois A. Bowers
Nov 10, 2022
AlerisLife faces possible delisting by Nasdaq because the bid price for shares of the company’s common stock has closed at less than $1 for the past 30 consecutive business days, the company said in...
Diversified Healthcare Trust, Office Properties Income Trust call off merger
By
Lois A. Bowers
Sep 01, 2023
Diversified Healthcare Trust and Office Properties Income Trust have called off their planned merger, the companies announced late Friday.
Five Star earnings fail to meet expectations, Diversified succeeds
By
Amy Novotney
Mar 03, 2020
As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased...
AlerisLife names Jeff Leer president and CEO, plans cost cuts, reorganization
By
Lois A. Bowers
Jun 28, 2022
Jeff Leer has been appointed president and CEO of Newton, MA-based AlerisLife, a position he has held on an interim basis since former President and CEO Katie Potter resigned April 30.
Diversified Healthcare Trust reports dip in net operating income
By
Kathleen Steele Gaivin
Nov 30, 2023
Net operating income has decreased for Diversified Healthcare Trust, or DHC, the real estate investment trust reported Wednesday in its monthly update pertaining to its senior housing operating portfolio,...
Diversified Health Care Trust, AlerisLife report fourth-quarter earnings
By
Kathleen Steele Gaivin
Feb 25, 2022
Real estate investment trust Diversified HealthcareTrust and provider AlerisLife, formerly known as Five Star Senior Living, held their fourth-quarter and year-end 2021 earnings calls on Thursday.
Month-over-month occupancy up 20 basis points in Diversified Healthcare Trust’s portfolio
By
Kathleen Steele Gaivin
Jan 02, 2024
November occupancy was 80.1% in Diversified Healthcare Trust’s senior housing operating portfolio, the Newton, MA-based real estate investment trust disclosed Thursday in a press release.
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.
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...