After a week in which senior living providers intensified fears of oversupply, real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) is not concerned. With increasing pressures on operators, though, NHI indicated it wouldn’t be surprised to see lower rent escalators across the industry. Despite the nation’s largest senior living provider, Brookdale Senior Living […]
Five Star Senior Living
Five Star Senior Living (Nasdaq: FVE) may not own a huge number of properties, but at least a few stakeholders believe it might make sense for the provider to own even less real estate. The company may want to consider selling or closing some of the struggling communities that it owns, according to David Hegarty, CEO […]
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 […]
Facing occupancy challenges, Five Star Senior Living (Nasdaq: FVE) is undertaking initiatives to drive revenue. These include expanding wellness and rehabilitation programs and decreasing the company’s reliance on third-party referral sources that charge fees, Five Star executives said Thursday in a call with analysts. “The third quarter was a challenging quarter for us and the […]
Five Star Senior Living (NYSE: FVE), one of the nation’s largest senior living providers, has blocked the efforts of activist shareholder Senior Star to gain a greater stake in the company, at least for the moment. The saga between Five Star and Senior Star goes back nearly a year, when Senior Star proposed to buy […]
A shareholder that has been putting public pressure on Five Star Senior Living (Nasdaq: FVE) to sell off assets now is seeking a larger stake in the company. Based in Newton, Massachusetts, Five Star is one of the largest senior living providers in the nation. Nearly 7% of outstanding Five Star shares are held by […]
Five Star Senior Living (NYSE: FVE) has turned to the hospitality industry for help in rolling out a new pricing program in about 80 of its communities, which the company believes will give it an edge over the competition—and maximize revenue. Specifically, Five Star has initiated a community center dynamic pricing program that will allow […]
Construction: Planned Autumn Senior Living, Lindell Investments Plan $24 Million Community in Fla. Gulf Coast assisted living developer Autumn Senior Living and Lindell Investments, a Tampa-based real estate developer, have finalized plans to begin construction on a new assisted living and memory care campus in the Tampa suburb of Westchase, Florida. Autumn of Westchase is […]
Sandell Asset Management has exited its position in Brookdale Senior Living (NYSE: BKD), about one year after the firm publicly pushed the senior living provider to spin off its real estate assets to maximize shareholder value. New York-based Sandell Asset Management and Sandell Investment Services LLC held shares of BKD as of the end of […]
Whether it’s a yoga class, book discussion, camping trip or meditation garden, providers are working around the clock to keep residents well. Senior Housing News brings you a report that examines wellness in senior living from its definition to the return on investment providers are realizing. Senior housing is spending millions of dollars and thousands […]
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