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.
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.
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,...
Brookdale’s $4 billion acquisition on hold: report
By
Lois A. Bowers
Aug 07, 2017
Brookdale Senior Living’s talks to be acquired by Beijing-based Zhonghong Zhuoye Group Co. Ltd. have stalled because Chinese regulatory officials are more carefully scrutinizing overseas investments...
Activist shareholder plans to vote against slate of Brookdale directors at annual meeting
By
Lois A. Bowers
Sep 13, 2018
Brookdale Senior Living shareholder Land & Buildings intends to vote against the three directors up for election at Brookdale’s annual meeting Oct. 4, the Stamford, CT-based investment manager’s...
Shareholder issues ‘referendum’ on Brookdale performance
By
Lois A. Bowers
Aug 14, 2019
Activist investor Land & Buildings released another open letter to fellow Brookdale Senior Living shareholders Tuesday, calling it “a referendum on the company’s historical underperformance” as well...
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...