UPDATED: AlerisLife to be acquired for $44 million
By
Lois A. Bowers
Feb 03, 2023
AlerisLife is being acquired by ABP Acquisition 2 LLC for almost $44 million, AlerisLife said Friday in filings with the Securities and Exchange Commission.
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
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...
Troubled Five Star defers February rent to landlord
By
Lois A. Bowers
Mar 12, 2019
Five Star Senior Living is deferring its February rent payment to Senior Housing Properties Trust until March 31, the organizations announced Monday in filings with the Securities and Exchange Commission.
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.
NIC launches new data initiative
Feb 10, 2016
The National Investment Center for Seniors Housing & Care has launched a new initiative to track and report aggregated data on seniors housing actual rents using a standard file format with standard field...
People in the news, Aug. 13
By
Mallory Hackett
Aug 13, 2019
Appointments at Beazer Homes USA, Brookdale Senior Living, Caruth Haven Court, Conservatory at Plano, Discovery Senior Living, Five Star Senior Living, Integral Senior Living, LeadingAge Florida, LeadingAge...
US News Best Senior Living program grows to recognize 1,703 communities in third year
By
Lois A. Bowers
Apr 16, 2024
US News & World Report’s Best Senior Living ratings program continues to grow, recognizing 1,703 senior living communities with top marks in its third year.
Brookdale, Welltower top ASHA 50 lists, which see changes for 2021
By
Lois A. Bowers
Sep 24, 2021
The top three senior living operators and top three owners remained unchanged from 2020 as the American Seniors Housing Association released its ASHA 50 lists for 2021 on Wednesday. But the top 10 saw...
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...