Capital Senior Living (NYSE: CSU) is being publicly pressured by a shareholder to take steps that could lead to the sale of the company, one of the largest senior living providers in the country. An investment management firm with a stake in the company has…Read More »
The saga continues. The U.S. Securities and Exchange Commission (SEC) announced Dec. 8 that it will review a decision ordering former Assisted Living Concepts CEO Laurie Bebo to pay $4.2 million in civil penalties and prohibiting her from serving in director and officer positions. “[T]he …Read More »
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Construction: Planned Aspire Development Partners Plans Fla. Senior Living Community Atlanta-based senior housing developer Aspire Development Partners recently announced plans to develop a new senior living community in the north Florida island community of Amelia Island. Construction is scheduled to begin in early 2016 on…Read More »
Senior housing real estate investment trusts (REITs) associated with Griffin Capital, NorthStar Asset Management Group and other organizations could face dramatic new restrictions under a proposed Department of Labor rule, the fate of which could be decided in the near future. With time running out on the…Read More »
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