Company News

NEW YORK AND LOS ANGELES — NorthStar Asset Management Group Inc. (NYSE: NSAM), Colony Capital Inc. (NYSE: CLNY) and NorthStar Realty Finance Corp. (NYSE: NRF) have entered into a definitive merger agreement under which the companies will combine in an all-stock merger to create a diversified global equity REIT with a total capitalization of $17 billion.

KENNETT SQUARE, Pa. —Genesis HealthCare, a Kennett Square-based Skilled nursing provider, has completed the sale of its home healthcare and hospice operations.

FREDERICK, Md. — Love & Co., a Frederick-based advertising and consulting firm specializing in seniors housing, has acquired consulting firm Hunsicker Senior Living Services.

CARMEL, Ind. — Mainstreet, a skilled nursing developer based in Indiana, has completed its acquisition of Canadian real estate company Kingsway Arms Retirement Residences and renamed the company Mainstreet Health Investments.

DALLAS — Capital Senior Living Corp. (NYSE: CSU) has agreed to appoint a new, independent board member under the guidance of Lucus Advisors, an activist shareholder that has been publicly calling for a sale or other major changes to the company.

RICHMOND, Va. — Virginia Baptist Homes, an operator of four continuing care retirement communities in Virginia, has changed its name to LifeSpire of Virginia.