News

Five Star Quality Care Announces Underwriters’ Exercise of Over-Allotment Option

June 21, 2011

Five Star Quality Care, Inc. announced that the underwriters of its public offering have exercised, in full, their over-allotment option to purchase an additional 1,500,000 common shares. The sale of the additional common shares and the sale of the origin

News

Five Star Quality Care, Inc. Prices Offering of 10,000,000 Common Shares

June 16, 2011

Five Star Quality Care, Inc. has priced a public offering of 10,000,000 common shares at 5.00 dollars per share. The settlement of this offering is expected to occur on Tuesday, June 21, 2011.

News

Omnicare Recognized for Quality Improvement Efforts

June 15, 2011

Omnicare, Inc. has announced that its pharmacy in Malta, New York has received a 2011 IPRO Quality Award, an award given annually by IPRO, the Medicare Quality Improvement Organization (QIO) for New York State, recognizing healthcare providers that demons

News

HomeTrak Introduces New Product Feature

June 14, 2011

HomeTrak announces the release of HomeTrak Companion’s newest feature, Achievements, which will allow HomeTrak Companion users with multiple offices to track, measure, and monitor performance.

News

Maravilla Scottsdale Welcomes New Senior Sales Representative

June 14, 2011

Maravilla Scottsdale, a Senior Resource Group retirement community set to open in 2012, has added Lynnette Melbostad to their team as a senior sales representative.

News

The Cottages at Chandler Creek Concludes Expansion Project

June 14, 2011

The Cottages at Chandler Creek, an assisted living community specializing in dementia care and managed by Preston Senior Living, has completed construction on an additional residence, consisting of four, 12-resident townhomes.

News

Brookdale Announces Proposed Offering of Convertible Senior Notes

June 9, 2011

Brookdale Senior Living Inc. intends to commence an underwritten public offering, subject to market conditions and other factors, of 275 million dollar aggregate principal amount of its Convertible Senior Notes due 2018.

News

Brookdale Executes Term Sheet for Mortgage Loan

June 9, 2011

Brookdale Senior Living Inc. has entered into a term sheet and is engaged in negotiations with Oak Grove Capital for an approximately 417.0 million dollar mortgage loan, which is expected to close in July 2011.

News

Five Star Quality Care Announces Public Offering

June 9, 2011

Five Star Quality Care, Inc. commenced a public offering of 10,000,000 common shares.

News

WellAWARE Appoints Albert J. Di Rienzo to Advisory Board

June 9, 2011

WellAWARE Systems announced the appointment of Albert J. Di Rienzo, President & CEO of Blue Highway, a Welch-Allyn company, to the WellAWARE Systems Advisory Board.

News

Sunrise Senior Living Completes Previously Announced Portfolio Purchase Nordbank Loan Modified

June 7, 2011

Sunrise Senior Living, Inc. has completed the previously announced purchase from a group of funds affiliated with Morgan Stanley of the funds’ 80 percent ownership interest in a joint venture entity, AL US Development Venture, LLC, that owns 15 senior liv

News

Brookdale Senior Living Teams Up with HCP

June 7, 2011

Brookdale Senior Living, Inc and HCP, Inc have formed a strategic alliance to operate 37 HCP-owned senior living communities that were previously leased to or operated by Horizon Bay Retirement Living.

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