Brookdale Senior Living sells Manhattan community to Ventas for $194 million
By
Lois A. Bowers
Aug 21, 2018
Brookdale Senior Living will sell its Brookdale Battery Park independent living community in Manhattan to real estate investment trust Ventas for approximately $194 million, the companies announced Monday.
Brookdale Senior Living announces annual meeting date, prepares for proxy contest
By
Lois A. Bowers
Sep 19, 2019
Brookdale Senior Living’s annual meeting will be Oct. 29, the company said in a Wednesday filing with the Securities and Exchange Commission of definitive proxy materials that include arguments to shareholders...
Argentum announces apprenticeship, workforce data service and more
By
Lois A. Bowers
Apr 17, 2019
The first-ever national apprenticeship for nursing assistants and other caregivers in senior living and a new data service to help operators with their staffing plans were among the announcements Tuesday...
Daughter sues operator after mother dies on bus after outing
By
Lois A. Bowers
Oct 13, 2016
A Tulsa, OK, senior living community is being sued by the daughter of a resident whose body was found on the community’s bus the day after she went on an outing with fellow residents.
Brookdale Senior Living COO leaving
By
Lois A. Bowers
Oct 17, 2017
The chief operating officer of the country’s largest senior living operator, Brookdale Senior Living, is leaving to pursue another opportunity, the company announced Monday. President and CEO Andy...
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...
Brookdale refinances $619 million in mortgage debt to increase liquidity
By
Lois A. Bowers
Sep 01, 2017
Brookdale Senior Living has refinanced $618.9 million in outstanding mortgage debt, including $389.9 million of debt that was scheduled to reach maturity next year, through a $975 million credit facility...
Fair housing group sues 6 communities
By
Lois A. Bowers
Dec 07, 2015
Six senior living communities are being sued by a fair housing council, which alleges that the communities discriminate in their requirements of current and prospective tenants.
Brookdale’s new CEO a ‘breath of fresh air’ but ‘still has much to prove,’...
By
Lois A. Bowers
May 21, 2018
Brookdale Senior Living’s new CEO, Lucinda “Cindy” Baier is a “breath of fresh air,” but “she still has much to prove to the investment community to gain trust and credibility,”...
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...