Brookdale in ‘seventh inning’ of portfolio pruning, CEO says
By
Lois A. Bowers
Nov 07, 2018
Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s...
Brookdale making progress but has ‘a significant amount of work ahead,’ CEO says
By
Lois A. Bowers
May 09, 2018
In the first quarter and beyond, Brookdale Senior Living made progress on the turnaround strategy it announced in February, “but we have a significant amount of work ahead of us,” CEO Lucinda...
Senior living represented on MA governor’s Aging Council
By
Lois A. Bowers
Apr 16, 2017
The CEOs of Benchmark Senior Living and Jewish Community Housing for the Elderly are two of 24 people named to a new group tasked with developing a plan to improve public and private efforts to support...
Capital CEO hopes to tune up financial performance with ‘SING’ strategy
By
Lois A. Bowers
Mar 01, 2019
Capital Senior Living’s strategy to improve the company’s operating performance includes replacing the chief operating officer, hiring a chief revenue officer, eliminating 250 non-caregiver positions...
Ensign Group sets record date for Pennant Group spinoff
By
Lois A. Bowers
Aug 29, 2019
The Ensign Group has set a record date of Sept. 20 for the previously announced spinoff of its subsidiary, The Pennant Group, the San Juan Capistrano, CA-based company announced Wednesday.
Merger is ‘best solution’ to Diversified Healthcare Trust’s financial challenges, CEO says
By
Lois A. Bowers
Apr 12, 2023
A merger with Office Properties Income Trust provides Diversified Healthcare Trust with the “best solution” to address several near-term challenges it faces, DHC President and CEO Jennifer Francis...
News of HHS, CMS nominees gets warm reception from senior living groups
By
Lois A. Bowers
Nov 29, 2016
Organizations representing senior living providers said Tuesday that they look forward to working with President-elect Donald J. Trump’s choices to lead the U.S. Department of Health and Human Services...
NLRB extends ‘joint employer’ comment deadline after court ruling
By
Lois A. Bowers
Jan 14, 2019
The National Labor Relations Board announced Friday that it is extending until Jan. 28 the deadline for people to submit comments on its proposed “joint employer” rule, due to a decision in the Browning-Ferris...
Ventas plans aggressive pricing, dispositions, investments to rebound from poor third-quarter performance
By
Lois A. Bowers
Oct 28, 2019
Companies in the Ventas senior housing operating portfolio will pursue aggressive pricing plans to increase occupancy, and the real estate investment trust will consider selling some assets and investing...
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...