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...
‘We are seeing the green shoots of recovery,’ Brookdale CEO says
By
Kathleen Steele Gaivin
May 20, 2021
Brookdale Senior Living is “seeing the green shoots of recovery,” President and CEO Lucinda “Cindy” Baier said yesterday at the Capital Markets Global Health Care Conference.
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,...
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...
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.
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...
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.
People in the news, Feb. 2
By
Kimberly Bonvissuto
Feb 02, 2021
Appointments, promotions and news at Accolade, AMDA–The Society for Post-Acute and Long-Term Care Medicine, ATI Physical Therapy, Atria Senior Living, Discovery Senior Living, Genacross Lutheran Services,...
Brookdale spends $71 million to fight COVID-19, sees crisis as leadership opportunity
By
Kimberly Bonvissuto
Aug 12, 2020
Although COVID-19 has had significant effects on the senior housing industry as a whole, Brookdale Senior Living sees the crisis as an opportunity to lead, President and CEO Cindy Baier said Tuesday.
CE, time with residents help retain employees, Brookdale says
By
Lois A. Bowers
May 26, 2016
Offering continuing education and more time to interact with residents are keys to retaining employees, Brookdale Senior Living executives told those attending its Investor Day in person or online on Thursday.