Senior Housing Properties Trust on track to sell $900 million in assets by end of year, president says
By
Lois A. Bowers
Nov 08, 2019
Real estate investment trust Senior Housing Properties Trust is on track to have $900 million in assets sold or under agreement to be sold by the end of the year, President and Chief Operating Officer...
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,...
Restructuring drives efficiencies, occupancy gains in third quarter, AlerisLife CEO says
By
Kimberly Bonvissuto
Nov 04, 2022
Continuing progress on a restructuring plan to make the company more efficient resulted in occupancy gains that were the largest in recent years in the third quarter, AlerisLife President and CEO Jeff...
Senior living takes lead in COVID-19 vaccination mandates, holds breath on workforce effects
By
Kimberly Bonvissuto
Sep 02, 2021
The senior living industry is leading corporate America in mandating COVID-19 vaccination, according to the Wall Street Journal.
Demographics, changing consumers lead former Five Star, now AlerisLife, to expand into active adult,...
By
Kimberly Bonvissuto
Jan 27, 2022
An aging demographic and changing consumer demand have led one of the country’s largest senior living companies to pivot from its primary role as an owner and operator of independent living, assisted...
Senior Star counters ABP’s offer to Five Star shareholders
By
Lois A. Bowers
Oct 13, 2016
Senior Star Management Co. said Thursday that it plans to offer owners of Five Star Quality Care common stock $3.45 per share in an effort to purchase up to 10 million shares, which would represent approximately...
McKnight’s announces second annual class of Hall of Honor inductees in Women of Distinction awards
By
Lois A. Bowers
Feb 20, 2020
Twenty-two women will be inducted into the McKnight’s Women of Distinction Hall of Honor as part of the second annual class.
Five Star considers selling communities to address financial woes
By
Lois A. Bowers
Nov 15, 2018
Five Star Senior Living may sell some of its senior living communities or repurpose units within communities to help solve financial issues that cast “substantial doubt on our ability to continue as...
Argentum releases infection control program guidance for assisted living providers
By
Kimberly Bonvissuto
Nov 24, 2020
Responding to a worsening pandemic, Argentum assembled a working group of clinical experts to address key COVID-related challenges to help guide its assisted living members.
Five Star finances raise doubts about future, CEO says
By
Lois A. Bowers
Nov 14, 2018
BREAKING NEWS — Five Star Senior Living’s financial situation raises “substantial doubt on our ability to continue as a going concern,” CEO Bruce Mackey said Wednesday morning during the company’s...