Transactions & Financings: New Senior Approves Ventas Merger; Five Star Update; Front Porch’s $306M Refinancing

Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy improvements for the communities it will continue to operate for Diversified Healthcare Trust (Nasdaq: DHC). Occupancy across the Diversified portfolio ended August at 74.7%, a 100 basis point improvement over […]

Transactions & Financings: Brookdale Completes Sale of Home Health, Hospice Arms; Vicar’s Landing Secures $116M Bond Financing

Brookdale Senior Living (NYSE: BKD) completed the previously announced sale of its home health, hospice and outpatient therapy business line to HCA Healthcare. The sale was first announced in February. Under the terms of the deal, the Brentwood, Tennessee-based senior housing operator sold an 80% stake in Brookdale Healthcare Services to HCA for $400 million. […]