The flurry of second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, Five Star Senior Living and Diversified Healthcare Trust.
Capital Senior Living to rebrand as Sonida Senior Living
By
Kathleen Steele Gaivin
Nov 05, 2021
Capital Senior Living is set to rebrand as Sonida Senior Living, effective Nov. 15, after closing its financing transaction with Conversant Capital on Wednesday.
Faith-based PA CCRCs hope to become stronger together with possible ‘merger of equals’
By
Kathleen Steele Gaivin
Sep 08, 2022
Mechanicsburg, PA-based Messiah Lifeways and Chambersburg, PA-based
Menno Haven have entered into a memorandum of understanding to explore a possible affiliation. Both continuing care retirement communities...
Listening forums will address first-hand effects of M&As in healthcare, other industries
By
Kathleen Steele Gaivin
Mar 21, 2022
The Department of Justice and Federal Trade Commission announced plans Thursday to host a series of listening forums to hear from those who have experienced firsthand the effects of mergers and acquisitions.
AlerisLife, formerly Five Star Senior Living, closes $95M term loan
By
Kathleen Steele Gaivin
Feb 01, 2022
After rebranding as AlerisLife last week, the Newton, MA-based company formerly known as Five Star Senior Living announced Monday the closing of a $95 million senior secured term loan.
Earnings calls wrap-up: Brookdale, NHI, Pennant Group
By
Kathleen Steele Gaivin
Aug 10, 2022
Second-quarter earnings calls continued Tuesday with updates from Brookdale Senior Living, National Health Investors and the Pennant Group.
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
Supreme Court declines to review negligence suit
By
Kathleen Steele Gaivin
Dec 08, 2021
U.S. Supreme Court justices declined on Monday to review a South Carolina court’s decision refusing to enforce an arbitration clause in a negligence case brought against an assisted living facility.
Trustwell Living acquires Illinois assisted living community
By
Kathleen Steele Gaivin
Jun 01, 2022
New York-based Trustwell Living closed last month on a senior living community in Springfield, IN, the company recently announced. It reportedly is the first acquisition for the company, founded in January...
Capital Funding Group sets record in 2021, financing more than $3.8B
By
Kathleen Steele Gaivin
Jan 25, 2022
Capital Funding Group doubled its 2020 annual financing total with a record-setting $3.8 billion in 2021, the provider of financing solutions for multifamily properties and healthcare facilities disclosed...