Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
Five Star earnings fail to meet expectations, Diversified succeeds
By
Amy Novotney
Mar 03, 2020
As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased...
Welltower, Diversified Healthcare Trust takes steps to address financial impact of COVID-19 pandemic
By
Amy Novotney
Apr 04, 2020
Toledo, OH-based real estate investment trust Welltower announced several steps late Wednesday that the firm has taken in recent weeks to strengthen its balance sheet and enhance its liquidity profile.
DHC to transition 108 Five Star senior living communities to other operators by year’s end
By
Amy Novotney
Apr 12, 2021
Diversified Healthcare Trust will amend its management arrangements with Five Star Senior Living to transition 108 senior living communities, representing approximately 7,500 units, to other operators...
DHC: 65 percent of residents vaccinated; sales leads up 83 percent since start of fourth quarter
By
Amy Novotney
Feb 02, 2021
Diversified Healthcare Trust announced a series of business updates Monday regarding the ongoing effects of the COVID-19 pandemic on the real estate investment trust’s business and operating results.
Sabra reports occupancy declines due to COVID-19; other companies also negatively affected
By
Amy Novotney
May 08, 2020
Irvine, CA-based Sabra Health Care REIT declared a quarterly cash dividend of 30 cents per share of common stock Wednesday, to be paid on May 29 to common stockholders of record as of the close of business...