Pandemic shifted strategy, but Five Star, Diversified say they remain on growth path
By
Kimberly Bonvissuto
Feb 26, 2021
The COVID-19 pandemic caused a shift in strategy for Five Star Senior Living and Diversified Healthcare Trust, but company executives said Thursday during fourth-quarter earnings calls that they remain...
Five Star, Diversified Healthcare adopt ‘slow and steady’ response to pandemic
By
Kimberly Bonvissuto
Nov 06, 2020
Expense pressures on the senior living industry due to the COVID-19 pandemic are expected to persist in the near term, creating operational headwinds, but a slow and steady response to the crisis will...
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...
Diversified, Five Star: COVID-19 creating ‘extremely challenging operating environment’ for senior...
By
Kimberly Bonvissuto
Aug 07, 2020
The COVID-19 pandemic has increased uncertainty and disruption in both the overall economy and the commercial real estate industry and has had a “profound” effect on business, resulting in an “extremely...
Diversified Healthcare reports feeling ‘real change’ during pandemic recovery; Five Star adopts strategic...
By
Kimberly Bonvissuto
May 07, 2021
The COVID-19 vaccine rollout translated to a feeling of “real change,” Diversified Healthcare Trust executives said as they reported growth in occupancy, move-ins and leads in its senior housing portfolio...
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: 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...
Merger remains ‘best path,’ DHC CEO says, as senior living properties struggle with pandemic recovery
By
Kimberly Bonvissuto
Jul 28, 2023
Diversified Healthcare Trust’s pending merger with Office Properties Income Trust remains the “best path” forward as DHC’s senior housing operating portfolio continues to struggle in its COVID-19...
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
