Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy improvements for the communities it will continue to operate for Diversified Healthcare Trust (Nasdaq: DHC). Occupancy across the Diversified portfolio ended August at 74.7%, a 100 basis point improvement over […]
Sunset Retirement Communities & Services
Welltower (NYSE: WELL) improved its near- and long-term liquidity. The Toledo, Ohio-based health care real estate investment trust closed on an expanded $4 billion unsecured revolving line of credit. This will replace an existing $3 billion credit facility. Additionally, Welltower has two existing facilities outstanding: a $500 million term loan and a $250 million Canadian […]
Senior housing providers that once competed now are among the organizations in a unique five-way partnership in Michigan that is targeting gaps in care and services for seniors living at home. The arrangement demonstrates one way in which senior housing is moving toward greater coordination for long-term success. Tandem365 is a Michigan-based organization that aims […]
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