Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]
Now announcing the full lineup of speakers for the Washington D.C. Senior Housing News Summit. The April 6th event will feature a lineup of heavy-hitters from some of the top names in the industry. Join SHN in D.C. for business insight and access to leading executives in the senior housing industry. Purchase your ticket now […]
ABP Acquisition LLC Announces Tender Offer Results for Five Star Shares On Nov. 11, ABP Acquisition LLC announced the results of its tender offer to buy as many as 18 million shares of Five Star Quality Care, Inc. (Nasdaq: FVE) at a purchase price of $3.00 per share, net to the seller in cash, without […]
The ongoing fight between activist shareholders and the managing director of Five Star Senior Living (Nasdaq: FVE) has reached yet another level of intensity. Shareholders William Thomas and Robert Thomas, co-founders of Oklahoma-based senior housing owner and operator Senior Star, have penned a lengthy public letter to other Five Star shareholders in which they blast […]
Long-standing fears of oversupply are coming to a head for some of the nation’s largest senior living providers, raising questions about which markets and types of properties are most affected. Those impacted by new competitors are facing occupancy and pricing pressures, with some senior living providers discounting their rates in an effort to keep occupancy […]
Senior living occupancy dips are taking a toll on some owners and operators, including Massachusetts-based Five Star Quality Care, Inc. (Nasdaq: FVE). Five Star is one of the largest providers in the country, operating 276 senior living communities, including 214 that it owned or leased and 62 that it managed as of June 30, 2016. For the […]
This week, Senior Housing News readers were among the first to know that Brookdale Senior Living (NYSE: BKD) sold a 44-property seniors housing portfolio for about $253 million. Readers also learned about an owner of multiple home health and senior living facilities who committed $1 billion in fraud, Atria Senior Living’s new Atria Hospitality venture, […]
Senior Star is once again calling out the actions of Five Star Quality Care (Nasdaq: FVE), this time criticizing multiple elements of its close relationship with real estate investment trust (REIT) Senior Housing Properties Trust (Nasdaq: SNH). Five Star Quality Care was once a 100% owned subsidiary of Senior Housing Properties Trust, which remains the senior […]
Real estate investment trust Senior Housing Properties Trust (NYSE: SNH) has executed a $112.4 million sale-leaseback with Five Star Quality Care (NYSE: FVE) for a portfolio of seven assisted living communities, the two companies announced Wednesday. SNH also has amended its agreements over management fees for communities in the REIT’s portfolio that are managed by […]
