Company Coverage

The RMR Group

Management

Diversified Healthcare Trust to Transition 108 Communities From Five Star to Other Operators

By Tim Regan |

Diversified Healthcare Trust (Nasdaq: DHC) has struck an agreement with Five Star Senior Living (NYSE: FVE) to transition 108 senior living communities to other operators by the end of 2021. The senior living operator will also close and reposition the skilled nursing units in all of the continuing care retirement communities (CCRCs) it manages for […]

Management & Operations

Hegarty to Step Down as Senior Housing Properties Trust President, COO

By Mary Kate Nelson |

David Hegarty, the president and COO of Senior Housing Properties Trust (Nasdaq: SNH), is stepping down from the Newton, Massachusetts-based real estate investment trust (REIT) on April 30, according to a Monday press release. Senior Housing Properties Trust is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management […]

Management & Operations

Senior Star Blasts Five Star’s Cozy REIT Relationship

By Mary Kate Nelson |

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 […]

Finance & Development

Senior Housing Finance Activity: Ensign, Senior Housing Properties Trust

By Mary Kate Nelson |

Senior Housing Properties Trust Announces $620 Million Mortgage Financing on Boston Seaport Buildings Real estate investment trust (REIT) Senior Housing Properties Trust (Nasdaq: SNH) announced that it has closed on a $620 million, 10-year, non-amortizing mortgage loan that matures in August 2026. The loan is secured by two Class A, 15 story life-science buildings, which […]