The country’s largest senior living operator could reduce the number of communities in its portfolio by 20% over the next two or three years, Brookdale President and CEO Lucinda “Cindy”...
Brookdale making progress but has ‘a significant amount of work ahead,’ CEO says
By
Lois A. Bowers
May 09, 2018
In the first quarter and beyond, Brookdale Senior Living made progress on the turnaround strategy it announced in February, “but we have a significant amount of work ahead of us,” CEO Lucinda...
New perks that really do work
By
Lois A. Bowers
Apr 19, 2018
It’s no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective...
‘A lot of heavy lifting left’ for Brookdale
By
Lois A. Bowers
Apr 01, 2018
The new CEO talks about some significant work ahead for the nation’s largest senior living operator.
Hong Kong company gains 5.11% stake in Brookdale Senior Living
By
Lois A. Bowers
Mar 26, 2018
Fosun International Limited now owns more than 9.5 million shares of the common stock of Brookdale Senior Living, the company said in a Friday SEC filing. The conglomerate reportedly was one entity “at...
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
Next Brookdale CEO talks turnaround after company rejects takeover bid
By
Lois A. Bowers
Feb 23, 2018
As Lucinda “Cindy” Baier prepares to lead Brookdale Senior Living, the company’s short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative...
Brookdale, Holiday on NHI CEO’s ‘worry list’
By
Lois A. Bowers
Nov 09, 2017
National Health Investors is watching the performance of Brookdale Senior Living and Holiday Retirement very closely, the real estate investment trust’s president and CEO, Eric Mendelsohn, said Wednesday...
Size helps Brookdale in natural disasters, CEO says, but financial effects linger
By
Lois A. Bowers
Nov 08, 2017
Hurricanes, wildfires, generators, HCP and metrics of success were among the topics that executives of Brookdale Senior Living discussed with shareholders and analysts Tuesday on a third-quarter earnings...
70+ Elmcroft properties to see management, ownership changes, Ventas says
By
Lois A. Bowers
Oct 30, 2017
More than 70 Elmcroft Senior Living properties currently in Ventas’ portfolio will be transitioned to a new management company led by a former Holiday Retirement and HCP executive early next year,...