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...
Labor, rate pressures challenge recovery of senior living industry
By
Kimberly Bonvissuto
Nov 05, 2021
The recovery of the senior living industry will continue to be uneven in the face of a challenging labor market and wage pressures, as well as competition driving rates down, according to industry experts.
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,...
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...
Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path
By
Kimberly Bonvissuto
Feb 26, 2021
The COVID-19 pandemic caused a shift in strategy for Five Star Senior Living and Diversified Healthcare Trust, but company executives said Thursday during fourth-quarter earnings calls that they remain...
SNH: Five Star initiatives will address CCRC challenges
By
Lois A. Bowers
Mar 01, 2018
Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs “heavily influenced” a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT’s...
Five Star to sell 6 communities but keep managing them
By
Lois A. Bowers
Nov 10, 2017
Five Star Senior Living will sell six senior living communities to Senior Housing Properties Trust for $104 million, Five Star President and CEO Bruce Mackey told those participating in a Thursday third-quarter...
Earnings calls wrap-up
By
Kathleen Steele Gaivin
Aug 06, 2021
The flurry of second-quarter earnings calls continued Thursday with updates from Sabra Health Care REIT, Five Star Senior Living and Diversified Healthcare Trust.
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.
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...