2 Five Star shareholders urge peers to reject tender offer
By
Lois A. Bowers
Nov 07, 2016
Two Five Star Quality Care shareholders on Monday urged their fellow shareholders to reject a $3-per-share tender offer set to expire at midnight Friday, saying it is “grossly undervalued, fraught...
Activist shareholder plans to vote against slate of Brookdale directors at annual meeting
By
Lois A. Bowers
Sep 13, 2018
Brookdale Senior Living shareholder Land & Buildings intends to vote against the three directors up for election at Brookdale’s annual meeting Oct. 4, the Stamford, CT-based investment manager’s...
Capital Senior Living tries new operating model to boost performance
By
Lois A. Bowers
Nov 03, 2017
Expressing disappointment in the company’s recent operational and sales performance, Capital Senior Living executives outlined for shareholders and analysts the steps the company is taking to get...
Quality Care Properties discloses two merger-related lawsuits as potential suitor withdraws
By
Lois A. Bowers
Jul 03, 2018
A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...
Harbor plans for all executive directors to earn CDAL credential
By
Lois A. Bowers
May 25, 2017
Harbor Retirement Associates plans for all its executive directors to earn the certified director of assisted living credential by the end of this year, the company announced Thursday.
Ventas remains ‘bullish’ on seniors housing
By
Lois A. Bowers
Jul 31, 2016
Ventas remains confident about seniors housing as an investment for several reasons, the REIT’s executives told analysts Friday during a second-quarter earnings call.
HRA seeks to sharpen its image with prospects via employee etiquette training
By
Lois A. Bowers
Apr 10, 2018
As many senior living operators look to add more healthcare services to their offerings, this regional development and operating company is instituting a new program to help ensure that hospitality doesn’t...
Presence, Ascension reach partnership agreement
By
Lois A. Bowers
Feb 16, 2018
Chicago-based Presence Health will join St. Louis-based Ascension to become part of AMITA Health under the terms of an agreement announced Thursday. The two entities had announced a non-binding letter...
More acquisitions, conversions on tap for Capital Senior Living
By
Lois A. Bowers
Mar 01, 2017
Capital Senior Living in 2017 will be focused on acquiring new communities, increasing the number of properties it owns rather than leases, and converting some existing independent living units to assisted...
Brookdale CEO Andy Smith to become president as two executives exit
By
Lois A. Bowers
Mar 01, 2016
Brookdale Senior Living CEO Andy Smith will add the duties of president to his role later this month as two executives step down, the company announced today.