Five Star Senior Living rebrands as AlerisLife, plans to diversify offerings
By
Lois A. Bowers
Jan 26, 2022
Newton, MA-based Five Star Senior Living has changed its name to AlerisLife Inc. effective immediately, the company announced this morning along with plans to expand its offerings to include active adult...
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...
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...
State plans to revoke assisted living license
By
Lois A. Bowers
Nov 05, 2015
The state of Florida plans to revoke the license of a memory care community for not protecting residents from a resident who “had a known history of aggressive sexual behavior” and for providing...
Largest senior living providers in 2017 named by Argentum
By
Lois A. Bowers
Nov 15, 2017
This year’s list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
AlerisLife CEO: Becoming a private company will ‘enhance our focus’ on operations
By
Lois A. Bowers
Feb 06, 2023
AlerisLife, in becoming a private company by being acquired by one of its managing directors, will be better able to focus on its business and mission, AlerisLife President and CEO Jeffrey Leer told employees...
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.
Five Star Senior Living restructuring plan overwhelmingly approved
By
Lois A. Bowers
Jun 12, 2019
An overwhelming 83.9% of Five Star Senior Living shares were voted in favor of a provision key to restructuring the company’s business arrangement with Senior Housing Properties Trust at Five Star’s...
Fair housing group sues 6 communities
By
Lois A. Bowers
Dec 07, 2015
Six senior living communities are being sued by a fair housing council, which alleges that the communities discriminate in their requirements of current and prospective tenants.
Miller consults with Five Star
Apr 22, 2014
Five Star Quality Care, Inc. has joined forces with celebrity chef Brad Miller to create new dishes for residents.