3 members of Congress give 11 assisted living CEOs until Friday to detail their COVID-19 strategies
By
Lois A. Bowers
May 04, 2020
Senior living operators may not be receiving the personal protective equipment that nursing homes have been promised by the federal government to fight COVID-19, but now they may be receiving a level of...
LTC Properties expects to ‘dig deep’ for transactions; older buildings, senior apartments of interest
By
Lois A. Bowers
Feb 24, 2020
For 2020, “early indications show that we will have to dig deep to find the kinds of transactions that best benefit our shareholders,” Westlake Village, CA-based LTC Properties’ Chairman, Chief Executive...
Brookdale sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Brookdale Senior Living COO leaving
By
Lois A. Bowers
Oct 17, 2017
The chief operating officer of the country’s largest senior living operator, Brookdale Senior Living, is leaving to pursue another opportunity, the company announced Monday. President and CEO Andy...
Enlivant cracks top 10 list of largest senior housing owners
By
Lois A. Bowers
Sep 01, 2017
Chicago-based Enlivant Senior Living for the first time is ranked among the top 10 largest senior housing owners in the United States on the 2017 ASHA 50 list.
Brookdale refinances $619 million in mortgage debt to increase liquidity
By
Lois A. Bowers
Sep 01, 2017
Brookdale Senior Living has refinanced $618.9 million in outstanding mortgage debt, including $389.9 million of debt that was scheduled to reach maturity next year, through a $975 million credit facility...
Brookdale Senior Living poll: 36% open to a move to senior living
By
Lois A. Bowers
Jun 11, 2019
OnePoll surveyed U.S. adults on behalf of the country’s largest senior living company in April.
A buzzworthy endeavor
May 15, 2019
The “Kazoo Ensemble,” whose members are residents of a Brookdale Senior Living continuing care retirement community, has entertained people at many places since it was founded in 2011. And it recently...
Retention efforts paying off for Brookdale, CEO says
By
Lois A. Bowers
May 08, 2019
Brookdale Senior Living’s efforts to increase the retention rates of senior community-level leaders, now in their third year, are continuing to pay off, President and CEO Lucinda “Cindy” Baier said...
Supreme Court declines to review Brookdale Senior Living case
By
Lois A. Bowers
Mar 20, 2019
The Supreme Court on Monday turned down a request by Brookdale Senior Living to review a case, first brought in 2012, that alleges fraudulent Medicare billing of approximately $35 million by the country’s...