Senior Star Blasts Five Star’s Cozy REIT Relationship

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 […]

Five Star Rejects Senior Star Affiliate’s Portfolio Bid

The Five Star Quality Care (NYSE: FVE) Board of Directors has officially responded to a public call for the sale of Five Star’s owned assets to Gemini Properties, an affiliate of senior living owner and operator Senior Star. On Dec. 21, Five Star wrote to Senior Star and Gemini Principal William Thomas and reiterated that its owned […]

Senior Star Execs Make $325 Million Play for Five Star Portfolio

Five Star Quality Care’s (NYSE: FVE) senior housing assets are not for sale, the company said late last month in response to a push by the owners of Tulsa-based Senior Star to sell its portfolio of senior housing properties. But Senior Star’s executives says the proposed deal warrants more consideration. Five Star Quality Care is […]