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A potential rival to real estate investment trust Welltower’s plans to merge with Quality Care Properties has withdrawn its acquisition proposal and no longer is considering a transaction with the...
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...
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...
Ensign says ‘it’s the right time’ to spin off senior living, home health and hospice businesses
By
Lois A. Bowers
May 08, 2019
With favorable market conditions, the infrastructure in place and a prepared organization and leadership, the time was right to spin off Ensign’s home health and hospice agencies, along with most of...
Shareholders say they will vote against Colony NorthStar REIT plans
By
Lois A. Bowers
Sep 20, 2016
NorthStar Asset Management Group’s largest shareholders on Monday said they would not vote for the company’s current plans to merge with private equity firm Colony Capital and commercial real...