One of the nation’s largest senior living operators will be smaller in the future, as Five Star Senior Living (Nasdaq: FVE) will soon exit management of 108 communities.
With this recent news, now all three of the largest publicly traded U.S. senior living operators — Brookdale Senior Living (NYSE: BKD); Capital Senior Living (NYSE: CSU); and Five Star — have contracted substantially over the last six years.
The trend highlights the pitfalls of acquiring big and diverse portfolios, provokes doubts about the wisdom of being a public company in the senior living sector, and raises questions about the future of some other large operators.
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May 05, 2021 at 09:27PM
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Senior Living Industry Must Learn from Public Operators' Contracting Portfolios - Senior Housing News
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