Last year, Diversified Healthcare Trust (Nasdaq: DHC) transitioned more than 100 senior living communities from Five Star Senior Living to 10 other operators. That effort started to bear fruit in the first quarter of 2022, according to the company’s top executives. Occupancy for the 107 communities increased approximately 100 basis points in the first quarter […]
Five Star
Activist shareholders who have been putting Five Star Senior Living (Nasdaq: FVE) under pressure for a year will not see their nominee take a seat on the senior living provider’s board. David R. Ford, former Vice Chairman of the Board of Managers for Aegis Living, has withdrawn as a nominee to be on Five Star’s board, […]