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...
Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
Staffing, sales on agenda in Brookdale’s ‘rebuilding year’
By
Lois A. Bowers
Aug 09, 2016
Improving employee recruitment and retention, sales and the resident experience all are part of an “important rebuilding year” for Brookdale Senior Living, company executives told participants...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
COVID-19 battle not over, but Brookdale at ‘positive inflection point,’ CEO says
By
Kimberly Bonvissuto
May 10, 2021
Senior living is at a “positive inflection point” as sales and move-ins trend up, vaccination numbers increase and COVID-19 cases decrease, Brookdale Senior Living President and CEO Lucinda “Cindy”...
Omega opens 2021 with $510M Brookdale acquisition, ‘far more selective’ approach to senior living...
By
Kimberly Bonvissuto
Feb 08, 2021
Omega Healthcare Investors started the year by completing a $510 million deal with Healthpeak Properties that resulted in the acquisition of 24 Brookdale Senior Living communities.
Brookdale credits ‘win locally’ strategy for recent momentum
By
Lois A. Bowers
Aug 07, 2019
A turnaround strategy focused on efforts at the community level is resulting in improvements in several key areas, Brookdale Senior Living executives said Tuesday during the company’s second-quarter...
Brookdale, LTC, NHI and Welltower issue business updates
By
Kathleen Steele Gaivin
Jan 12, 2022
Several companies released updates this week, focusing on portfolio activity, litigation, capital, rent deferrals and occupancy.
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.