Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Five Star takes steps to mitigate effects of memory care occupancy challenges
By
Lois A. Bowers
May 16, 2018
Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives...
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...
3 initiatives will help Five Star improve operations, CEO says
By
Lois A. Bowers
Mar 07, 2019
As Five Star Senior Living executives prioritize finding a long-term solution to the company’s current financial issues, the company also is focused on three initiatives to improve operations in 2019,...
Operators pursue unit conversion strategy
By
Lois A. Bowers
May 04, 2016
Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this...
Senior living operators share secrets to finding, keeping executive directors
By
Lois A. Bowers
Aug 02, 2017
Leaders of Capital Senior Living and Five Star Senior Living used their second-quarter earnings calls this week in part to discuss their companies’ approaches to recruiting and retaining executive...
Dining, activities among keys to success, Five Star says
By
Lois A. Bowers
Jun 12, 2016
New approaches to food, activities and revenue management will be keys to success for Five Star communities in 2016 and beyond, company executives told those attending the Jefferies 2016 Healthcare Conference...
Five Star Senior Living warned of potential stock exchange delisting
By
Lois A. Bowers
Oct 24, 2018
Five Star Senior Living executives are monitoring the bid price of common shares of the company’s stock after being threatened with delisting by Nasdaq, the company said in a late Tuesday filing with...
Sales leads down 50 percent and ‘continued deterioration’ expected due to COVID-19, Five Star says
By
Lois A. Bowers
May 08, 2020
Average sales leads per week seen by Five Star Senior Living in April were approximately half of what they typically are, and the company expects “continued deterioration” as the effects of...
Ancillaries, initiatives help offset occupancy challenges at Five Star
By
Lois A. Bowers
Nov 03, 2016
Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues...