by Steve Monroe | Jun 29, 2023 3:16 pm | Financings
While trying to fight off one major shareholder who thought management was selling out Diversified Healthcare Trust (DHC) shareholders with their merger into Office Properties Income Trust (OPI) at a low value, they are now dealing with a technical default on the... Read More »
by Steve Monroe | Jun 7, 2023 8:55 am | Acquisitions
After an exceptional 35-year career representing seniors housing owners and operators, our good friend Allen McMurtry has finally decided to retire and enjoy life in North Carolina, where he has been biking and hiking for years. Most recently he was head of seniors... Read More »
by Steve Monroe | Jun 5, 2023 9:10 am | Opinion
It has been nearly two months since Diversified Healthcare Trust announced its merger with Office Properties Income Trust, two REITs basically controlled by external manager RMR Group. This was about the most self-serving transaction we have seen in a long time. But... Read More »
by Steve Monroe | May 31, 2023 9:32 am | 60 Seconds, Opinion
We all know that the Life Care Centers of America nursing home in Kirkland, Washington was the location of the first major SNF outbreak of COVID at the beginning of the pandemic. Well, the families of two residents who died sued the facility, the management company... Read More »
by Steve Monroe | May 19, 2023 8:35 am | Acquisitions
Talk about a surprise move. Three key executives at Cushman & Wakefield just jumped ship and landed at JLL Capital Markets. The trio includes Senior Managing Directors Jay Wagner and Rick Swartz, who will co-lead the team at JLL, and Senior Managing Director Aaron... Read More »