Apollo said to be buyer of $428 million Brookdale portfolio from HCP
By
Lois A. Bowers
Jun 25, 2018
Global alternative investment manager Apollo Global Management is the previously unannounced buyer of 22 Brookdale Senior Living communities from real estate investment trust HCP for $428 million, according...
Brookdale’s new CEO a ‘breath of fresh air’ but ‘still has much to prove,’...
By
Lois A. Bowers
May 21, 2018
Brookdale Senior Living’s new CEO, Lucinda “Cindy” Baier is a “breath of fresh air,” but “she still has much to prove to the investment community to gain trust and credibility,”...
LTC Properties ‘not sitting here waiting’ for Brookdale’s next move, CEO says
By
Lois A. Bowers
Oct 31, 2022
With Brookdale Senior Living’s lease with real estate investment trust LTC Properties up in 2023 and rumors swirling that the Brentwood, TN-based senior living operator is shopping for a buyer, the Westlake...
76 more assisted living directors obtain credential
Jul 31, 2017
Seventy-six additional senior living professionals have earned the certified director of assisted living, or CDAL, credential, the Senior Living Certification Commission announced Monday.
Operator enhances security after intruder rapes resident
By
Lois A. Bowers
Jun 25, 2017
A senior living operator says it has enhanced security measures at one of its communities in Texas after an 88-year-old resident was raped by an intruder.
Brookdale unveils new pricing model
By
Lois A. Bowers
Jun 12, 2017
The country’s largest senior living operator is following in the footsteps of the country’s largest independent living operator by rolling out a new pricing model that can tailor rent levels...
Brookdale announces director departure, continues to ‘explore options’
By
Lois A. Bowers
Apr 12, 2017
Brookdale Senior Living leadership announced the impending departure of a director Wednesday while reaffirming the company’s commitment to “achieving consistent operational excellence and optimizing...
Senate leader promises coronavirus relief this week as U.S. cases, deaths increase and senior living...
By
Lois A. Bowers
Mar 18, 2020
As coronavirus disease 2019 (COVID-19) spreads in the U.S. and senior living companies face increasing challenges, the Senate on Tuesday did not vote on a relief bill passed by the House. Senate Majority...
People in the news, Jan. 21
By
Lois A. Bowers
Jan 21, 2020
Promotions and appointments at Acts Retirement-Life Communities, Birch Bay Retirement Village, Buckner Retirement Services, Capitol Seniors Housing, CareOne, Catholic Eldercare, Cogir Management USA, Erickson...
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.