NEWTON, Mass. — Publicly traded REIT Seniors Housing Properties Trust (NASDAQ: SNH) and publicly traded operator Five Star Senior Living (NASDAQ: FVE) have restructured their business relationships regarding the 261 seniors housing properties owned by SNH and operated by FVE. Both companies are based in the Boston suburb of Newton.
Company News
MIAMI and HOUSTON — Baptist Health South Florida, a Miami-based nonprofit healthcare organization, and Belmont Village Senior Living, a Houston-based seniors housing owner-operator, have created a joint venture to develop new seniors housing properties in South Florida.
DALLAS — In a move to get its financial house in order, Capital Senior Living Corp. (NYSE: CSU) has announced that Brett Lee, the company’s chief operating officer, is no longer with the company. Meanwhile, the company hired Michael Fryar to the newly created role of chief revenue officer.