Five Star Senior Living

People in the news, May 22

People in the news, May 22

Appointments and promotions at Buckner Retirement Services, Covia, Creating Results, Elder Care Alliance, Five Star Senior Living, Friendship Village, Integrace, Integral Senior Living, National Lutheran Communities & Services, Presby's Inspired Life, Presbyterian Senior Living, Primrose Retirement Communities, Quality Care Properties and Wingate Healthcare.

Five Star takes steps to mitigate effects of memory care occupancy challenges

Five Star takes steps to mitigate effects of memory care occupancy challenges

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Five Star Senior Living is taking several steps to manage revenue in light of continuing occupancy challenges from new competitors on the private-pay side of its business, especially in memory care, executives said Tuesday on a first quarter earnings call.

People in the news, March 27

People in the news, March 27

Appointments and promotions at Army Residence Community, Buckner Retirement Services, Cadence Senior Living, Carlton Senior Living, Erickson Living, Five Star Senior Living, Jefferson's Ferry, Kisco Senior Living, Sagebrook Senior Living, Watercrest Senior Living Group and Wingate Healthcare.

Memory care 'fiercest' area of competition for Five Star, CEO says

Memory care 'fiercest' area of competition for Five Star, CEO says

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Memory care has been the "fiercest" area of competition in private-pay senior living over the past year, Five Star Senior Living President and CEO Bruce Mackey said Wednesday during a fourth quarter and full-year 2017 earnings call.

SNH: Five Star initiatives will address CCRC challenges

SNH: Five Star initiatives will address CCRC challenges

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Weaker performance in skilled nursing operations at Five Star Senior Living CCRCs "heavily influenced" a decline in rent coverage in a Senior Housing Properties Trust portfolio, said the REIT's president and CEO, David Hegarty. Five Star is addressing the challenges in two ways, he added.

People in the News, Feb. 27

People in the News, Feb. 27

Appointments, promotions and other news involving Capital Senior Living Corp., Charter Senior Living, Five Star Senior Living, GlenBrook Health Center, Jefferson's Ferry, Morning Pointe Senior Living, The RMR Group, Senior Housing Properties Trust, Waltonwood, WESTliving and Ziegler.

Sunrise, Holiday, Capital come out on top in new J.D. Power senior living study

Sunrise, Holiday, Capital come out on top in new J.D. Power senior living study

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Sunrise Senior Living, Holiday Retirement and Capital Senior Living had the highest scores in the inaugural study of senior living conducted by J.D. Power, the consumer research company announced Monday.

Largest senior living providers in 2017 named by Argentum

Largest senior living providers in 2017 named by Argentum

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This year's list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.

Five Star to sell 6 communities but keep managing them

Five Star to sell 6 communities but keep managing them

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Five Star Senior Living will sell six senior living communities to Senior Housing Properties Trust for $104 million, Five Star President and CEO Bruce Mackey told those participating in a Thursday third-quarter earnings call. But the company will continue to manage them.

267 senior living communities named 'Caring Stars' for 2018

267 senior living communities named 'Caring Stars' for 2018

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Caring.com is releasing its list of reviews-based honorees today, and 267 independent living communities, assisted living communities, memory care communities, care homes or skilled nursing facilities across 40 states made the cut.

Enlivant cracks top 10 list of largest senior housing owners

Enlivant cracks top 10 list of largest senior housing owners

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Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.

Senior living operators share secrets to finding, keeping executive directors

Senior living operators share secrets to finding, keeping executive directors

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Leaders of Capital Senior Living and Five Star Senior Living used their second-quarter earnings calls this week in part to discuss their companies' approaches to recruiting and retaining executive directors.

76 more assisted living directors obtain credential

76 more assisted living directors obtain credential

Seventy-six additional senior living professionals have earned the certified director of assisted living, or CDAL, credential, the Senior Living Certification Commission announced Monday.

Five Star plans to offer rehab services at other operators' communities

Five Star plans to offer rehab services at other operators' communities

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Five Star Senior Living has announced plans to expand its rehabilitation and wellness services to communities that it does not operate. The division formerly known as Five Star Rehabilitation & Wellness has been renamed Ageility Physical Therapy Solutions.

Name changes bloom in senior living

Name changes bloom in senior living

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For a variety of reasons, many senior living organizations are changing their names. A common idea underlies many of the moves, however.

9 tips for effective arbitration agreements

9 tips for effective arbitration agreements

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Attorneys working in senior living discuss the benefits of pre-dispute arbitration agreements and share tips for operators creating or reworking theirs.

New name, existing programs for Five Star, executives say

New name, existing programs for Five Star, executives say

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A new name and established programs will carry Five Star Senior Living through 2017, executives told shareholders, analysts and others participating in an earnings call on Friday.

2 Five Star shareholders urge peers to reject tender offer

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Two Five Star Quality Care shareholders on Monday urged their fellow shareholders to reject a $3-per-share tender offer set to expire at midnight Friday, saying it is "grossly undervalued, fraught with deep conflicts of interest, and fails to provide full and fair value to Five Star shareholders."

Ancillaries, initiatives help offset occupancy challenges at Five Star

Ancillaries, initiatives help offset occupancy challenges at Five Star

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Ancillary services and initiatives that generate income and resident satisfaction, as well as capital improvements and expansions at communities, are helping to offset decreases in occupancy and revenues at Five Star Senior Living in the face of senior living community oversupply, executives said Thursday in a third-quarter earnings call.

Five Star tells Senior Star it must wait to try to increase stake in company

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Two Five Star Quality Care shareholders will have to put on hold their plans to substantially increase their stake in the company until after March 31, the company said in a letter Thursday.

Senior Star counters ABP's offer to Five Star shareholders

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Senior Star Management Co. said Thursday that it plans to offer owners of Five Star Quality Care common stock $3.45 per share in an effort to purchase up to 10 million shares, which would represent approximately 20% of outstanding shares. The move comes a week after ABP Acquisition LLC made a $3-per-share offer to shareholders.

ABP looks to buy 20% of Five Star common stock

ABP Acquisition LLC announced Monday that it intends to make a cash tender offer for up to 10 million shares of common stock of Newton, MA-based Five Star Quality Care at a $3 per share, a 57% premium over Friday's closing price of $1.91 per share.

Largest senior living providers named by Argentum

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New lists by Argentum name the largest overall senior living providers as well as the largest independent living, assisted living and memory care providers and the top markets for senior living.

Brookdale tops ASHA 50 lists of biggest seniors housing owners, operators

Brookdale tops ASHA 50 lists of biggest seniors housing owners, operators

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Brookdale once again tops this year's ASHA 50 lists of owners and operators of senior living communities in the United States, released Wednesday. The lists do contain some changes from last year, however.

Five Star to move from NYSE to Nasdaq

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Five Star Quality Care plans to delist its common shares from the New York Stock Exchange and move to the Nasdaq Stock Market, the company announced Monday in a filing with the Securities and Exchange Commission.

Dining, activities among keys to success, Five Star says

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New approaches to food, activities and revenue management will be keys to success for Five Star communities in 2016 and beyond, company executives told those attending the Jefferies 2016 Healthcare Conference in New York.

Operators pursue unit conversion strategy

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Two senior living operators are taking different approaches to unit conversion in an effort to make their portfolios more profitable, according to comments made during first-quarter earnings calls this week.

Five Star CEO says expansions, acquisitions on to-do list

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The day after Five Star Quality Care received a critical letter from two investors, President and CEO Bruce Mackey told those listening to an earnings call that the interests of the company's board members align with those of shareholders.

Senior Star reiterates call for Five Star to sell owned assets

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Senior Star Management Co. leaders have issued a seven-page letter that once again outlines the "profound shift in strategy" they believe is necessary for the financial performance of Five Star to reflect its intrinsic value.

Five Star finalizes $7.3 million settlement

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Five Star Quality Care Inc. has paid a $7.3 million settlement related to a lawsuit from the estate of a former resident of one of its communities, the company announced Feb. 24 in a filing with the U.S. Securities and Exchange Commission.

In Focus

July 11

Patriotic parade

Naples, FL 

More than 100 residents and employees of Vi at Bentley Village participated in a golf cart parade to celebrate the Fourth of July.

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