Rite Aid will stay open through bankruptcy but speed up certain store closings and sell Elixir Solutions, a prescription benefit provider.
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...
Hong Kong company gains 5.11% stake in Brookdale Senior Living
By
Lois A. Bowers
Mar 26, 2018
Fosun International Limited now owns more than 9.5 million shares of the common stock of Brookdale Senior Living, the company said in a Friday SEC filing. The conglomerate reportedly was one entity “at...
Argentum launches new leadership development initiative
Jan 16, 2020
Argentum has launched a new senior living leadership development initiative and is accepting nominations for participants from upper-level executives who are among the organization’s owner/operator members.
Five Star announcement expected within 60 days, Senior Housing Properties Trust says
By
Lois A. Bowers
Mar 04, 2019
Discussions between Senior Housing Properties Trust and Five Star Senior Living are “actively happening,” and the organizations expect to have an announcement within 60 days about operating and liquidity...
McKnight’s 40 for 40: Granger Cobb
By
Danielle Brown
Apr 20, 2020
In the senior living business world, there arguably has been no executive more beloved than Granger Cobb.
Earnings call wrap-up: Senior living operators and REITs prep for post-pandemic growth
By
Amy Novotney
Feb 26, 2021
Amid a flurry of fourth-quarter and year-end earnings reports released this week, several senior living operators and real estate investment trusts announced moves aimed at harnessing long-term growth,...
People in the news, July 27
By
Caroline Szachnowski
Jul 27, 2021
Appointments, promotions and other news at Holden of Bellevue, Koelsch Communities, Maxwell Group, Pegasus Senior Living, Plante Moran Living Forward, Sabra Health Care REIT, Solstice Senior Living and...
Pennant sees ‘meaningful progress’ in fourth quarter
By
Kathleen Steele Gaivin
Feb 27, 2023
Despite labor and inflationary pressures, the Pennant Group’s full-year and fourth-quarter 2022 financial results demonstrate progress in both senior living and home health / hospice, according to Brent...
Friendship between residents, students blossoms after planter box donation
By
Foster Stubbs
Jul 03, 2024
Thanks to a project in a local high school geometry class, assisted living residents at Good Samaritan Society – The Pines in Jackson, MN, received two planter boxes for their community garden. Find...