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...
The Brookdale Senior Living Board of Directors welcomed a new member as part of an agreement with an activist shareholder that will have additional effects on the company’s annual meetings in 2017...
Updated: Brookdale Senior Living makes leadership changes, shares financial expectations
By
Lois A. Bowers
Jan 13, 2023
Brentwood, TN-based Brookdale Senior Living announced several leadership changes Friday morning to “drive improved efficiency and better align our expenses with revenue.”
ASHA launches consumer campaign
By
Lois A. Bowers
Jan 28, 2016
The American Seniors Housing Association has launched a new consumer campaign, “Where You Live Matters,” designed to educate older adults and their families about housing options to help them...
CMS gives states 3 more years to comply with HCBS final rule
By
Lois A. Bowers
May 09, 2017
States will have until 2022 to comply with a final rule regarding the provision of home- and community-based services to Medicaid beneficiaries, the Centers for Medicare & Medicaid Services announced Tuesday.
UPDATED: Diversified Healthcare Trust to merge with Office Properties Income Trust
By
Lois A. Bowers
Apr 11, 2023
Newton, MA-based Diversified Healthcare Trust, with a senior living operating portfolio that includes 237 communities with 25,346 living units, has entered into an agreement to merge with Office Properties...
Trump administration will develop own overtime rule
By
Lois A. Bowers
Jul 05, 2017
The Department of Labor under President Trump plans to develop its own rule regarding overtime pay rather than continue a legal battle to enact a rule proposed under the Obama administration, government...
Providers must avoid commoditization: NIC speakers
By
Lois A. Bowers
Sep 15, 2016
On Thursday at the National Investment Center for Seniors Housing and Care fall conference, a former government official and a senior living executive discussed strategies as senior care providers respond...
Occupancy declines at Holiday continue to affect New Senior
By
Lois A. Bowers
Aug 03, 2017
Holiday Retirement’s operating model transition, which saw community oversight change from live-in managers to more traditional executive directors over the past year, continued to affect occupancy...
After ‘exciting and busy’ quarter, pricing expectations may hinder senior living deals, CareTrust...
By
Lois A. Bowers
Aug 07, 2023
CareTrust REIT’s “exciting and busy” second quarter included acquisitions in senior living, but future deals in the sector in the near term may be challenged by “a gap between seller and buyer...