Senior Star has doubled down on its calls for Five Star Quality Care Inc. (NYSE: FVE) to sell its 33 owned assets for $325 million as a means to unlock the company’s intrinsic value. On March 1, Tulsa, Oklahoma-based Senior Star issued a 7-page letter of concern to other Five Star shareholders regarding this issue. Senior Star […]
Five Star Quality Care
Trends, influenced by tailwinds and headwinds, blow strong and then can change course over short periods or over a span of many years. On an airplane, these tailwinds and headwinds create turbulence, causing temporary discomfort that typically passes with smoother air ahead. So even though a slight tailwind at the senior housing industry’s back is […]
Senior Housing News will be out of the office this Thursday and Friday, but we’ll return to our regular posting schedule on Monday, Dec. 28. In the meantime, SHN would like to wish our readers a safe and enjoyable Christmas. For now, here are a few of the recent happenings in the senior housing sector. […]
The Five Star Quality Care (NYSE: FVE) Board of Directors has officially responded to a public call for the sale of Five Star’s owned assets to Gemini Properties, an affiliate of senior living owner and operator Senior Star. On Dec. 21, Five Star wrote to Senior Star and Gemini Principal William Thomas and reiterated that its owned […]
Five Star Quality Care’s (NYSE: FVE) senior housing assets are not for sale, the company said late last month in response to a push by the owners of Tulsa-based Senior Star to sell its portfolio of senior housing properties. But Senior Star’s executives says the proposed deal warrants more consideration. Five Star Quality Care is […]
SHN will be observing Memorial Day on Monday, May 25, but will return Tuesday, May 26. In the meantime, we’d like to wish all SHN readers an enjoyable holiday weekend. And, in case you missed them, here are the top headlines grabbing SHN readers’ attention this week: 4 Reasons Senior Living And ACOs Don’t Get […]
As senior living aims to be taken more seriously across an evolving health care landscape, today’s providers recognize that it’s all about measuring outcomes. Five Star Senior Living (NYSE: FVE) is taking a new approach to that measurement not through the usual channels, but by re-envisioning its wellness program across hundreds of communities. The fourth […]
In case you missed them… here are the top headlines grabbing Senior Housing News readers’ attention this week. Why Senior Living Must Change ‘Dramatically’ by 2050—A demographic shift is coming, and America is not prepared for its housing needs. Such is the take of researcher Dr. Dilip Jeste of The University of California, San Diego, […]
Evrett Benton, former president, CEO and co-founder of Five Star Quality Care, Inc. (NYSE: FVE), has always been an acquisitions guy. That’s how he helped one senior care company grow to more than 33 times its original size. That’s how he and existing real estate investment trust Senior Housing Properties Trust (NYSE: SNH) formed Five […]
In case you missed them…. here are the top headlines grabbing Senior Housing News readers’ attention this week. Alliance Residential Launches $1 Billion Senior Living Pipeline—With an established footprint in multifamily development, Alliance is making a major foray into senior housing with a billion-dollar pipeline planned in the coming years. As Providers Ready for […]
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