Labor issues a concern for LTC portfolio operators
By
Lois A. Bowers
Nov 06, 2016
Senior living operators represented in LTC Properties’ portfolio are seeing labor costs creep up, but the shrinking labor pool represents a greater challenge to them, Wendy Simpson, the REIT’s...
Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
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...
‘Painful’ Brookdale property transitions, sales help make HCP ‘unrecognizable’ from 2 years ago,...
By
Lois A. Bowers
Nov 01, 2018
Greatly reducing the concentration of Brookdale Senior Living properties in its portfolio has been part of a “whirlwind of activity” that has led to HCP being “very unrecognizable from the HCP of...
Earnings call wrap-up: Senior living operators and REITs offer cautious optimism toward pandemic recovery
By
Amy Novotney
May 10, 2021
Amid a flurry of first-quarter earnings reports released last week, several senior living operators and real estate investment trusts announced a start to occupancy uptick and possible post-pandemic growth.
Occupancy, margin recovery focus for 2024: Brookdale CEO
By
Kimberly Bonvissuto
May 09, 2024
Brookdale Senior Living entered 2024 with a clear vision and an intense focus on recovering pre-pandemic occupancy and margins, which resulted in “meaningful positive outcomes” across its key strategic...
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...
Pop goes the senior living bubble?
By
John O'Connor
Nov 08, 2018
It’s time to point out a possible scenario few among us will want to acknowledge: A senior living bubble may be about to burst.
Senior living market fundamentals favor REITs, LTC Properties CEO says
By
Kimberly Bonvissuto
Feb 20, 2024
LTC Properties Chairman and CEO Wendy Simpson called 2023 a “year of solid execution” as the real estate investment trust “substantially resolved” all of its challenges and looks to 2024 with market...
Brookdale sees 2.8 percent occupancy decline, but move-ins and online inquiries are up
By
Lois A. Bowers
Nov 06, 2020
Brookdale Senior Living experienced a 2.8% decline in occupancy from the end of the second quarter to the end of the third quarter but expects improvements as move-ins increase along with consumer confidence...