Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
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...
Senior living represented on MA governor’s Aging Council
By
Lois A. Bowers
Apr 16, 2017
The CEOs of Benchmark Senior Living and Jewish Community Housing for the Elderly are two of 24 people named to a new group tasked with developing a plan to improve public and private efforts to support...
News of HHS, CMS nominees gets warm reception from senior living groups
By
Lois A. Bowers
Nov 29, 2016
Organizations representing senior living providers said Tuesday that they look forward to working with President-elect Donald J. Trump’s choices to lead the U.S. Department of Health and Human Services...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
Activist investor ‘closely monitoring’ Brookdale’s strategic review process
By
Lois A. Bowers
Feb 20, 2018
Land & Buildings will be “closely monitoring” the progress that Brookdale Senior Living is making on its efforts to sell some or all of its assets, activist shareholder Jonathan Litt, founder...
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,...
Ventas says it is not in buyout talks with Brookdale
By
Lois A. Bowers
Mar 06, 2017
Real estate investment trust Ventas says it is not negotiating to purchase all or part of Brookdale Senior Living, contrary to a Wall Street Journal report.
Competition hurts Brookdale in third quarter
By
Lois A. Bowers
Nov 01, 2016
Misjudging the competition hurt Brookdale Senior Living financially in the third quarter, President and CEO Andy Smith said Tuesday during a third-quarter earnings call.
How Brookdale is tackling turnover
By
Lois A. Bowers
Sep 08, 2016
Fully integrating Brookdale Senior Living and Emeritus Senior Living and addressing the “administrative burden” facing community leaders have been keys to reducing staff departures at the company,...