Senior Housing Investments & Transactions: Five Star Transfers to Nasdaq

ABHOW, Complete Merger American Baptist Homes of the West (ABHOW) and have completed their merger and will now be part of holding company Cornerstone Affiliates. The previously announced deal was approved by regulators early last month. The merged companies form California’s largest nonprofit senior living provider and the nation’s sixth-largest such organization. The […]

Movers & Shakers: Five Star’s New CFO

Five Star Quality Care Appoints Richard A. Doyle as CFO and Treasurer Senior living and health care services company Five Star Quality Care, Inc. (NYSE: FVE) announced the election of Richard A. Doyle as its chief financial officer and treasurer. He was elected by Five Star’s board of directors. Doyle previously served as chief financial […]

Top U.S. Senior Housing Operators of 2013

Size matters for the top U.S. senior housing operators of 2013 as both Brookdale Senior Living Inc. (NYSE: BKD) and Emeritus Senior Living (NYSE: ESC) took the #1 and #2 spots in the latest American Seniors Housing Association (ASHA) Top 50 list. The ASHA 50, released by the National Real Estate Investor, ranks the largest […]

SNH Sells 2 Hospitals for $90 Million, Refocuses on Senior Living

Senior Housing Properties Trust (NYSE: SNH) announced Friday that it has entered into an agreement to sell two rehabilitation hospitals to a joint venture for $90 million.  The two hospitals to be sold are the 198-bed New England Rehabilitation Hospital located in Woburn, Massachusetts, and 166-bed Braintree Rehabilitation Hospital in Braintree, Mass.  Currently leased to […]