Diversified Healthcare Trust - McKnight's Senior Living

Diversified Healthcare Trust

Business briefs for Friday, July 17

Mortgage rates fall below 3% for the first time in nearly 50 years … Diversified Healthcare Trust announces quarterly dividend of 1 cent per share … Ryan Companies completes construction on new resort-style San Diego senior living community … Learn how to identify and understand COVID-19-related employment issues at next week’s McKnight’s Online Forum

Business briefs for Friday, May 29

Healthcare REITs post 14% gain last week: Nareit … Diversified Healthcare Trust files for offering of $500M senior notes due 2025 … Eight in 10 seniors have some form of debt: survey … Greystone provides $8.6M construction loan for New York seniors housing community … Coastal Rim Properties acquires land for Honolulu seniors housing development … KWA Construction breaks ground on Texas independent living facility

Linda Newberry-Ferguson headshot

People in the news, May 26

Appointments and promotions at Consulate Health Care, Diversified Healthcare Trust, Vi Living and Village Manor Park Healthcare & Community Living.

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Five Star earnings fail to meet expectations, Diversified succeeds

As a result of the sale of 18 skilled nursing facilities during the second and third quarters of 2019, Five Star Senior Living announced that its senior living revenue for the fourth quarter of 2019 decreased 4.6% to $263.7 million from $276.3 million for the same period in 2018. Conversely, senior living revenue at communities the company operated continuously since Oct. 1, 2018 for the fourth quarter of 2019 in 2019 increased 1.4% to $260.4 million for the fourth quarter of 2019 from $257.0 million for the same period in 2019.

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