by Steve Monroe | Jul 11, 2023 5:21 pm | 60 Seconds, Developments, Opinion
As many of you would suspect, I am no fan of New York’s Attorney General, Letitia James. She politicizes too many things and definitely has a partisan agenda, and one which I do not favor. But after reading through the 300-page court filing against Centers Health... Read More »
by Steve Monroe | Jul 5, 2023 9:32 am | Opinion
It is well known that the recovery from the pandemic is taking longer than many had expected, and that after the initial surge in occupancies starting in the second quarter of 2021 the rate of growth has slowed, even with the recent suppression of new construction and... Read More »
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 »