Senior Housing Properties Trust ‘really happy’ with Five Star moves
By
Lois A. Bowers
Aug 09, 2019
Senior Housing Properties Trust executives said Thursday that they are “really happy and confident” about moves being made at its largest tennant, Five Star Senior Living, under President and CEO Katherine...
Memory care ‘fiercest’ area of competition for Five Star, CEO says
By
Lois A. Bowers
Mar 22, 2018
Memory care has been the “fiercest” area of competition in private-pay senior living over the past year, Five Star Senior Living President and CEO Bruce Mackey said Wednesday during a fourth...
Earnings call round-up: Sabra, RMR, Amedysis
By
Kathleen Steele Gaivin
May 05, 2023
Executives from Sabra Health Care REIT, Amedysis and The RMR Group highlighted their first-quarter earnings Thursday to analysts and investors.
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.
AlerisLife names interim CEO to replace Katie Potter, begins operational review
By
Lois A. Bowers
May 02, 2022
AlerisLife (formerly Five Star Senior Living) announced Monday morning that Katie Potter has resigned as president and CEO and that Chief Financial Officer Jeff Leer has been appointed to succeed her on...
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...
New name, existing programs for Five Star, executives say
By
Lois A. Bowers
Mar 05, 2017
A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.
Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
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...