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25 items- SECFive Star Senior Living Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits8-K - AlerisLife Inc. (0001159281) (Filer)
- PRAlerisLife (Formerly Known as Five Star Senior Living) Closes $95 Million Term LoanAlerisLife (NASDAQ:ALR), formerly known as Five Star Senior Living, today announced that it has closed a $95 million senior secured term loan with Midcap Funding VIII Trust ("MidCap"), as administrative agent and lender, of which $63 million is currently outstanding. The remaining loan proceeds are subject to a $12 million capital improvements holdback and $20 million becomes available upon achieving certain financial thresholds by mid-2023. The maturity date of the new loan is January 27, 2025 and includes two, one year extensions at AlerisLife's option, to extend the maturity date through January 27, 2026 and January 27, 2027, as applicable, subject to the achievement of certain financial
- PRAlerisLife to Participate on Healthcare Operators Panel at The Stifel 2022 Seniors Housing and Healthcare Real Estate Conference on Thursday, January 27thAlerisLife (NASDAQ:ALR) announced today that President and Chief Executive Officer Katherine Potter is scheduled to participate on a healthcare operator panel at The Stifel 2022 Seniors Housing and Healthcare Real Estate Conference held virtually on Thursday, January 27, 2022. Ms. Potter will participate on a panel session titled, "Winning Strategies in the Post-COVID World" scheduled for Thursday, January 27th at 2:00 PM ET. Those interested in attending can join the session here. About AlerisLife Inc. (NASDAQ:ALR) AlerisLife enriches and inspires the lives of its older adult customers across the United States by delivering an exceptional and enhanced resident experience to senior living
- PRFive Star Senior Living Rebranding as AlerisLifeNew Brand Reflects Expansions in "Choice Based" Lifestyle Services to Augment Continued Delivery of Exceptional Residential Experience Common Shares Will be Listed on the Nasdaq Under the New Ticker "ALR" Beginning on January 27th Strengthens Management Team with Appointment of Lauren C. Cody as Chief Customer Officer and Michael S. Lopez as Chief People Officer Five Star Senior Living Inc. (NASDAQ:FVE) today announced its rebranding as "AlerisLife Inc.," effective immediately. The Company's common shares will trade on the Nasdaq stock market under the new ticker symbol "ALR" beginning as of the opening of trading on the Nasdaq on January 27, 2022. The Company's new website, alerislife.c
- NEWSStocks That Hit 52-Week Lows On TuesdayOn Tuesday, 88 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Credit Suisse Group (NYSE:CS) was the largest, in terms of market cap, to set a new 52-week low. Yunhong CTI (NASDAQ:CTIB) was the smallest company by market cap to set a new 52-week low. Aerojet Rocketdyne Hldgs (NYSE:AJRD)'s stock made the biggest move downwards, diving 14.58% to reach a new 52-week low. Lixiang Education Holding (NASDAQ:LXEH) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. Stocks dropping to new 52-week lows on Tuesday: Credit Suisse Group (NYSE:CS) shares were down 4.44% for the day, having m
- INSIDERSEC Form 3 filed by new insider Cody Lauren C.3 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Geiger Stephen R. covered exercise/tax liability with 1,599 shares, decreasing direct ownership by 6% to 23,401 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Potter Katherine E. covered exercise/tax liability with 17,780 shares, decreasing direct ownership by 6% to 287,443 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Clark Jennifer B covered exercise/tax liability with 2,800 shares, decreasing direct ownership by 4% to 66,382 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Leer Jeffrey C. covered exercise/tax liability with 10,448 shares, decreasing direct ownership by 6% to 161,478 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- NEWSFive Star Senior Living Partners With DispatchHealth To Offer In-Home Acute Care Services To Independent Living, Assisted Living ResidentsClinical Collaboration Allows Five Star to Offer Residents a Full Continuum of Care in the Comfort of Their Homes More Than 85% of Five Star Residents in Pilot Program Had No Out-of-Pocket Expenses NEWTON, Ma.--(BUSINESS WIRE)-- Five Star Senior Living Inc. (NASDAQ:FVE) today announced a collaboration with DispatchHealth, a leading provider of in-home medical services, to provide on-demand acute care to independent living, assisted living and memory care residents in Five Star communities. The types of services to be provided include treatment for viral or bacterial infections, asthma attacks, wounds, bed sores and pressure ulcers, and minor fractures and sprains. This collaboration will
- PRFive Star Senior Living Partners with DispatchHealth to Offer Unique In-Home Acute Care Services to Independent Living and Assisted Living ResidentsClinical Collaboration Allows Five Star to Offer Residents a Full Continuum of Care in the Comfort of Their Homes More Than 85% of Five Star Residents in Pilot Program Had No Out-of-Pocket Expenses Five Star Senior Living Inc. (NASDAQ:FVE) today announced a collaboration with DispatchHealth, a leading provider of in-home medical services, to provide on-demand acute care to independent living, assisted living and memory care residents in Five Star communities. The types of services to be provided include treatment for viral or bacterial infections, asthma attacks, wounds, bed sores and pressure ulcers, and minor fractures and sprains. This collaboration will bring on-demand, acute medical
- INSIDERSEC Form 4: Potter Katherine E. was granted 250,000 shares, increasing direct ownership by 453% to 305,223 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Leer Jeffrey C. was granted 150,000 shares, increasing direct ownership by 684% to 171,926 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Geiger Stephen R. was granted 25,000 shares4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- INSIDERSEC Form 4: Clark Jennifer B was granted 25,000 shares, increasing direct ownership by 57% to 69,182 units4 - FIVE STAR SENIOR LIVING INC. (0001159281) (Issuer)
- PRFive Star Senior Living Announces Collaboration With Compass Group to Transform Five Star's Residents' Dining ExperienceCollaboration Advances Five Star's Commitment to Deliver Differentiated, Customer-Focused Experiences Compass to Assume Management of Dining Services in all Five Star Communities by Year End 2022 Five Star Senior Living Inc. (NASDAQ:FVE) today announced a collaboration with Compass Community Living, a division of Compass Group, a global leader in food and support services, whereby Compass will assume management of dining services operations at all of Five Star's senior living communities. The collaboration advances Five Star's commitment to delivering differentiated, customer-focused experiences. "At Five Star, we are focused on continuously enhancing the resident experience at our commu
- SECFive Star Senior Living Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits8-K - FIVE STAR SENIOR LIVING INC. (0001159281) (Filer)
- PRFive Star Senior Living Inc. Completes Transition of 107 Communities and Fully Exits the Skilled Nursing BusinessFive Star Senior Living Inc. (NASDAQ:FVE) today announced that it has successfully completed the transition of operations for 107 senior living communities owned by Diversified Healthcare Trust (NASDAQ:DHC) and has fully exited the skilled nursing business. Five Star continues to manage 120 senior living communities owned by DHC. Five Star now operates a total of 140 senior living communities, either managed or owned, with approximately 20,000 units, 91% of which are either Independent Living or Assisted Living and the remaining 9% are memory care units, located in 28 states. Five Star's rehabilitation and wellness services segment, primarily comprised of Ageility, a division of Five Star,
- PRDiversified Healthcare Completes Senior Living Management Transitions107 Communities Transitioned to 10 New Operators Diversified Healthcare Trust (NASDAQ:DHC) today announced that it has completed the management transitions for 107 communities within its Senior Housing Operating Portfolio, or SHOP. Management of the 107 communities was transitioned to 10 regionally focused operators. "We completed the management transitions in our SHOP portfolio to 10 new operators well ahead of the year-end timeline that we announced in April," stated Jennifer Francis, President and Chief Executive Officer of DHC. "This diversified group of new operators was carefully selected to drive performance and maximize value on a community-by-community basis. We also expect that
- SECSEC Form 10-Q filed by Five Star Senior Living Inc.10-Q - FIVE STAR SENIOR LIVING INC. (0001159281) (Filer)
- SECFive Star Senior Living Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits8-K - FIVE STAR SENIOR LIVING INC. (0001159281) (Filer)
- PRFive Star Senior Living Inc. Announces Third Quarter 2021 ResultsOwned Communities Sequential Quarter End Occupancy Growth of 280 Basis Points 130 Basis Point Increase in Sequential Quarter End Occupancy in DHC Communities Five Star Will Continue to Manage Completed 69 of 108 Planned Community Transitions and Agreements in Place to Transition Additional 35 Senior Living Communities Throughout the Remainder of 2021 Reported $80.2 million of Unrestricted Cash and Cash Equivalents at Quarter End Five Star Senior Living Inc. (NASDAQ:FVE) today announced its financial results for the three months ended September 30, 2021. Katherine Potter, President and Chief Executive Officer, made the following statement: "For the third quarter of 2021, we reported a
- PRDiversified Healthcare Trust Announces Third Quarter 2021 Results372,106 Square Feet of Leasing Activity at Over 28% Higher Rents During Third Quarter New Agreements for 107 of the Transitioning Communities have been Executed with Transitions Expected to be Completed by Year End Diversified Healthcare Trust (NASDAQ:DHC) today announced its financial results for the quarter ended September 30, 2021. "In the third quarter, we made substantial progress transitioning the management of a number of our senior living communities from Five Star to new third party managers," stated Jennifer Francis, President and Chief Executive Officer of Diversified Healthcare Trust. "As of today, we have signed new management agreements for 107 transitioning communities, an
- PRFive Star Senior Living Sponsors MIT AgeLab's 2021 OMEGA Scholarship Program Awarding $5,000 Scholarships to Five Students for Work with Older AdultsAwards recognize high school students for designing and leading programs fostering intergenerational connections in their schools and communities Five Star Senior Living (NASDAQ:FVE) today announced the names of five U.S. students who received $5,000 toward college tuition in the Massachusetts Institute of Technology (MIT) AgeLab's sixth annual OMEGA scholarship awards program, which is sponsored by Five Star. The OMEGA scholarships recognize students for leading efforts in their high schools and communities to foster intergenerational connections. Each recipient's school or community partner also received $1,000 to continue its intergenerational efforts. The 2021 OMEGA scholarship winners