The country’s largest owner and operator of senior living communities is in the early stages of negotiations with Blackstone Group and others to sell all or part of the company, the Wall Street Journal...
COVID-19 puts senior living on federal policymakers’ radar — and that’s a good thing, panelists...
By
Kimberly Bonvissuto
Sep 23, 2020
The reality of senior living’s relationship with federal policymakers in the COVID-19 era is simple, according to a session panelist at the virtual Argentum Senior Living Executive Conference — “We...
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
Brookdale to strengthen healthcare ties, cheers assisted living performance
By
Lois A. Bowers
Feb 27, 2020
Brookdale Senior Living’s recently added healthcare expertise in the C-suite and boardroom will benefit residents and shareholders as the company looks to forge stronger ties with healthcare providers...
$35 million ‘whistleblower’ lawsuit dropped against Brookdale Senior Living
By
Lois A. Bowers
Oct 07, 2019
A former utilization review nurse at Brookdale Senior Living who claimed the country’s largest senior living company fraudulently billed the Medicare program for $35 million dropped her lawsuit on Monday.
Activist investor withdraws name from Brookdale board consideration
By
Lois A. Bowers
Sep 17, 2019
Stamford, CT-based Land & Buildings has withdrawn the name of its founder and chief investment officer, Jonathan Litt, as a nominee for the Brookdale Senior Living Board of Directors.
Report: Brookdale in talks to be acquired by Chinese firm for $3 billion
By
Lois A. Bowers
Jun 14, 2017
Brookdale Senior Living is in negotiations to be acquired for $3 billion by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd., Reuters reported Tuesday, citing “people...
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...
Brookdale takes legal action against former workers, competitor
By
Lois A. Bowers
Nov 02, 2016
Brookdale Senior Living is taking legal action against several former workers and their current employer over possible illegal actions that are affecting the company’s bottom line.
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...