Brookdale CEO ‘hamstrung’ by board, says shareholder who recommends changes
By
Lois A. Bowers
Aug 10, 2018
Brookdale Senior Living’s board has “hamstrung” President and CEO Cindy Baier in her efforts to maximize shareholder value, activist investor Jonathan Litt said Thursday. He singled out...
Brookdale asks court to reconsider False Claims Act ruling, and two ‘friends’ file briefs...
By
Lois A. Bowers
Jul 05, 2018
Brookdale Senior Living is asking the full 6th Circuit Court of Appeals to review a June 11 ruling by a three-judge panel of the court that revived a False Claims Act case against the company that originated...
Brookdale CEO envisions a smaller company
By
Lois A. Bowers
Jun 06, 2018
The country’s largest senior living operator could reduce the number of communities in its portfolio by 20% over the next two or three years, Brookdale President and CEO Lucinda “Cindy”...
Four current or former residents join ADA lawsuit against Brookdale Senior Living
By
Lois A. Bowers
Mar 30, 2018
Four current or former assisted living residents of Brookdale Senior Living communities added their names on Thursday to the lawsuit accusing the company of violating the Americans with Disabilities Act...
Activist shareholder again calls for Brookdale Senior Living to consider separating real estate, operations
By
Lois A. Bowers
Jul 17, 2019
Activist shareholder Land & Buildings on Tuesday repeated the recommendation that Brookdale Senior Living sell assets or separate its real estate and its management company into two separate companies...
Brookdale should split into REIT, operating company, activist shareholder says: report
By
Lois A. Bowers
Dec 03, 2018
Brookdale Senior Living should divide its properties between a real estate investment trust and an operating company, activist shareholder Jonathan Litt reportedly told company executives recently.
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...
Resident found on bus died of hyperthermia complications, coroner says
By
Lois A. Bowers
Nov 15, 2016
Complications of hyperthermia were responsible for the death of an 84-year-old senior living resident whose body was found on her community’s travel bus the day after she went on an outing with fellow...
Brookdale may turn up the heat in 2018
By
Lois A. Bowers
Jun 09, 2016
Some might not consider Brookdale’s current strategy sexy, the company CEO said Thursday, but the country’s largest senior living provider may turn up the heat in 2018.
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...