Senior living industry turnaround could begin in second quarter, CEO says
By
Lois A. Bowers
Feb 03, 2021
Signs of recovery from the coronavirus pandemic could begin to show in the senior living industry in the second quarter, Adam Portnoy, president and CEO of The RMR Group Inc., said Tuesday.
ASHA 50: Brookdale remains largest senior living operator, but downsizing efforts apparent
By
Lois A. Bowers
Sep 17, 2020
Brookdale Senior Living remains the largest operator of senior living communities on an American Seniors Housing Association’s ASHA 50 list for 2020 compared with 2019, and Welltower remains the largest...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Restructuring affects 243 communities operated by Five Star Senior Living
By
Lois A. Bowers
Jan 03, 2020
A total of 243 senior living communities operated by Five Star Senior Living are affected by the restructuring of business arrangements between the company and real estate investment trust Diversified...
Senior Housing Properties Trust announces name change, $208 million in property sales
By
Lois A. Bowers
Jan 02, 2020
Real estate investment trust Senior Housing Properties Trust changed its name to Diversified Healthcare Trust, effective yesterday, while also announcing that it had completed $207.8 million in property...