Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...
News of HHS, CMS nominees gets warm reception from senior living groups
By
Lois A. Bowers
Nov 29, 2016
Organizations representing senior living providers said Tuesday that they look forward to working with President-elect Donald J. Trump’s choices to lead the U.S. Department of Health and Human Services...
NLRB extends ‘joint employer’ comment deadline after court ruling
By
Lois A. Bowers
Jan 14, 2019
The National Labor Relations Board announced Friday that it is extending until Jan. 28 the deadline for people to submit comments on its proposed “joint employer” rule, due to a decision in the Browning-Ferris...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Activist investor ‘closely monitoring’ Brookdale’s strategic review process
By
Lois A. Bowers
Feb 20, 2018
Land & Buildings will be “closely monitoring” the progress that Brookdale Senior Living is making on its efforts to sell some or all of its assets, activist shareholder Jonathan Litt, founder...
70+ Elmcroft properties to see management, ownership changes, Ventas says
By
Lois A. Bowers
Oct 30, 2017
More than 70 Elmcroft Senior Living properties currently in Ventas’ portfolio will be transitioned to a new management company led by a former Holiday Retirement and HCP executive early next year,...
Ventas says it is not in buyout talks with Brookdale
By
Lois A. Bowers
Mar 06, 2017
Real estate investment trust Ventas says it is not negotiating to purchase all or part of Brookdale Senior Living, contrary to a Wall Street Journal report.
Competition hurts Brookdale in third quarter
By
Lois A. Bowers
Nov 01, 2016
Misjudging the competition hurt Brookdale Senior Living financially in the third quarter, President and CEO Andy Smith said Tuesday during a third-quarter earnings call.
People in the news, Sept. 7
By
Caroline Szachnowski
Lois A. Bowers
Sep 07, 2021
Appointments at Anthem Memory Care, Apploi, Buckner Retirement Services, Commonwealth Senior Living, Friendship and LeadingAge Florida.
Colony Capital replaces CEO, names new president
By
Lois A. Bowers
Nov 08, 2018
Colony Capital announced a new CEO on Wednesday as Executive Chairman Thomas J. Barrack Jr. took the helm of the company he founded in 1991.