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...
Shareholders approve merger to create Colony NorthStar
By
Lois A. Bowers
Dec 21, 2016
Shareholders of Colony Capital, NorthStar Asset Management Group and NorthStar Realty Finance Corp. have approved the previously announced merger of the three companies. The new Colony NorthStar will manage...
Labor Department seeks input for overtime rule
By
Lois A. Bowers
Jul 25, 2017
The Department of Labor is accepting input as it prepares to propose a new rule related to circumstances under which certain workers would be entitled to overtime pay.
Senior Housing Properties Trust to sell stand-alone SNFs, proceed with Five Star restructuring as planned
By
Lois A. Bowers
May 10, 2019
Senior Housing Properties Trust is selling all of its stand-alone skilled nursing facilities as part of an “aggressive disposition plan,” but hopes to capitalize on the expected demand for senior housing,...
Avamere revises structure in response to healthcare system demands
By
Lois A. Bowers
Nov 15, 2018
The Avamere Family of Companies is combining its three individual entities into one post-acute and community-based healthcare system, the organization announced Wednesday.
Brookdale Senior Living names interim CFO
By
Lois A. Bowers
Mar 28, 2018
Brookdale Senior Living has named Teresa F. Sparks interim chief financial officer, the company announced Tuesday in an SEC filing. Another filing detailed compensation for new CEO Cindy Baier and Non-Executive...
Flu, new supply will affect occupancy, income this year, Ventas predicts
By
Lois A. Bowers
Feb 12, 2018
A “severe” flu season and a “mismatch of supply and demand” will continue to affect occupancy and net operating income in Ventas’ seniors housing portfolio in the short term,...
Brookdale should split into REIT, operating company, activist shareholder says: report
By
Lois A. Bowers
Dec 03, 2018
Brookdale Senior Living should divide its properties between a real estate investment trust and an operating company, activist shareholder Jonathan Litt reportedly told company executives recently.
Brookdale woes drag down HCP portfolio performance
By
Lois A. Bowers
Aug 01, 2017
Brookdale Senior Living properties negatively affected the performance of HCP’s senior housing operating portfolio in the second quarter as the country’s largest senior living operator experienced...
HCP moves 24 communities from Brookdale to Atria
By
Lois A. Bowers
Mar 06, 2018
HCP is transitioning the management of 24 senior housing communities that it owns from Brentwood, TN-based Brookdale Senior Living to Louisville, KY-based Atria Senior Living, the Irvine, CA-based real...