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.
Updated: Sabra Health Care REIT to move 24 North American Health Care properties to Ensign, Avamere
By
Lois A. Bowers
Nov 07, 2022
Irvine, CA-based real estate investment trust Sabra Health Care REIT will transition a 24-property skilled nursing portfolio leased to North American Health Care to two of Sabra’s existing tenants, The...
A new middle-market senior living brand, Truewood by Merrill, has been launched by Merrill Gardens and is gradually rolling out to 23 communities in 13 of the 20 states in which the company operates.
Earnings call roundup: Ventas, CareTrust REIT, National HealthCare Corp.
By
Lois A. Bowers
Aug 08, 2022
CareTrust REIT, National HealthCare Corp. and Ventas held second-quarter earnings calls or released earnings reports on Friday.
United Church Homes Management adds 3 communities to portfolio
By
Lois A. Bowers
Sep 05, 2023
Marion, OH-based United Church Homes Management, a subsidiary of United Church Homes, has added almost 300 units to its management portfolio so far this year, the company said in an Aug. 29 update.
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.
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Fragmented markets, small operators are challenges for NIC’s Actual Rates Initiative
By
Lois A. Bowers
Mar 05, 2020
SAN DIEGO — As the National Investment Center for Seniors Housing & Care seeks to expand its Actual Rates Initiative to 10 metro areas this year, a challenge continues to be incorporating data from a...
Siemens to acquire Brightly Software, formerly Dude Solutions, in $1.6 billion deal
By
Lois A. Bowers
Jun 28, 2022
Cary, NC-based Brightly Software, formerly known as Dude Solutions, will be acquired by Zug, Switzerland-based Siemens Smart Infrastructure in a $1.575 billion deal, plus earn-out, Siemens announced Monday.