Brookdale takes steps to address potential financial repercussions of COVID-19; withdraws 2020 guidance
By
Amy Novotney
Mar 19, 2020
Brookdale Senior Living, the country’s largest senior living company, is withdrawing its financial outlook for the coming year as a result of uncertainty and increased expenses due to the COVID-19...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
Hiring frenzy: Brookdale and other senior living operators seek to address labor shortage with displaced...
By
Amy Novotney
Apr 09, 2020
Senior living companies across the country have begun using the COVID-19 pandemic as an opportunity to fill workforce vacancies with employees who have been laid off from other sectors. Top candidates...
Brookdale Senior Living leases present ‘opportunity for variety of positive outcomes,’ Ventas says
By
Kathleen Steele Gaivin
May 30, 2024
The 121 Brookdale Senior Living communities leased to Ventas demonstrate an “opportunity for [a] variety of positive outcomes for Ventas,” the Chicago-based real estate investment trust said...
Brookdale Senior Living refinances $220 million in debt
By
Kathleen Steele Gaivin
Oct 18, 2022
Brookdale Senior Living announced Monday that the company has substantially reduced all 2023 debt maturities with $220 million in refinancing.
With COVID-19 cases down to just two per day in recent weeks within a portfolio serving 40,000 residents, and a 100% resident vaccination rate expected by the end of the month, Ventas Chairman and CEO...
Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...
Earnings calls roundup: Brookdale, NHI, Sabra
By
Kathleen Steele Gaivin
Feb 23, 2023
Fourth-quarter / full-year 2022 earnings calls continued Wednesday with reports from Brookdale Senior Living, National Health Investors and Sabra Health Care REIT.
Brookdale, Welltower top ASHA 50 lists, which see changes for 2021
By
Lois A. Bowers
Sep 24, 2021
The top three senior living operators and top three owners remained unchanged from 2020 as the American Seniors Housing Association released its ASHA 50 lists for 2021 on Wednesday. But the top 10 saw...
Senior living seeing ‘better-than-expected momentum’
By
Kathleen Steele Gaivin
Feb 05, 2024
Senior living occupancy fell short of expectations last year but ended the year with “better than expected momentum … that sets the stage for a favorable outlook in ’24,” according to a new report...