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...
Sonida Senior Living takes steps to solidify future
By
Lois A. Bowers
May 12, 2023
Sonida Senior Living executives continue to feel uncertain about the future of the company, less than two months after reporting “substantial doubt about our ability to continue as a going concern,”...
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...
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...
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.
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A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...
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.
Labor Department announces new overtime pay threshold
By
Lois A. Bowers
Aug 30, 2023
The US Department of Labor today proposed a new threshold for overtime pay eligibility.
‘Private equity abuse’ in long-term care is target of new federal bill
By
Lois A. Bowers
Jun 13, 2024
Two Democratic senators from Massachusetts have introduced a bill they say is meant to “root out corporate greed and private equity abuse” in nursing homes, assisted living communities, home health...
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...