Senior Housing Properties Trust announces name change, $208 million in property sales
By
Lois A. Bowers
Jan 02, 2020
Real estate investment trust Senior Housing Properties Trust changed its name to Diversified Healthcare Trust, effective yesterday, while also announcing that it had completed $207.8 million in property...
Big senior living stories of 2019
By
Lois A. Bowers
Dec 23, 2019
Here’s a look at some of the news that occupied many minds in senior living over the past year.
AARP joins groups challenging arbitration agreements
By
John O'Connor
Dec 11, 2019
AARP and a dozen mostly pro-consumer organizations have expressed support for legislation that prevents senior living organizations from using pre-dispute arbitration agreements.
‘Silver wave’ will affect some real estate markets more than others as older adults move to senior...
By
Lois A. Bowers
Dec 04, 2019
Certain markets will be saturated with housing for sale over the next 20 years as baby boomers’ homes are sold, according to a new analysis from Zillow.
Invesque ends year with more than $440 million in acquisitions
By
Lois A. Bowers
Nov 15, 2019
As real estate investment company Inveque prepares to end 2019 having executed on more than $440 million in acquisitions, company executives said Thursday they are looking at a “very robust” pipeline...
Pennant ‘very selective’ in ‘frothy’ senior living market, CEO says on first-ever earnings call
By
Lois A. Bowers
Nov 14, 2019
When it comes to acquisitions in senior living, the new Pennant Group is being ”very selective in a very, very frothy market,” President and CEO Danny Walker said Wednesday on the holding company’s...
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...
Five Star CEO: Restructuring on track to close Jan. 1
By
Lois A. Bowers
Nov 07, 2019
The transaction to restructure Five Star Senior Living’s business relationship with Senior Housing Properties Trust remains on track to close on Jan. 1, Five Star CEO Katie Potter said Wednesday. In...
‘Transformation is working,’ Brookdale CEO says
By
Lois A. Bowers
Nov 06, 2019
Positive occupancy and revenue trends and the $1 billion in “mutually beneficial” transactions recently announced with the real estate investment trust known until last week as HCP (now known as Healthpeak)...
Earnings calls detail big plans for senior living
By
Lois A. Bowers
Nov 05, 2019
HCP — which announced a new name, a new ticker symbol, the promotions of several individuals and multimillion dollar deals involving Brookdale Senior Living and Capital Senior Living — wasn’t the...