Brookdale road test of turnaround strategy leads to ‘renewed focus,’ CEO says
By
Lois A. Bowers
Aug 08, 2018
Recent visits that saw approximately 20 members of the company’s senior leadership team work in Brookdale Senior Living communities across the country affirmed that the company is on the right track...
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...
Welltower hopes Brookdale gets ‘back to the basics’
By
Lois A. Bowers
Feb 26, 2018
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection...
Brookdale, Holiday on NHI CEO’s ‘worry list’
By
Lois A. Bowers
Nov 09, 2017
National Health Investors is watching the performance of Brookdale Senior Living and Holiday Retirement very closely, the real estate investment trust’s president and CEO, Eric Mendelsohn, said Wednesday...
Size helps Brookdale in natural disasters, CEO says, but financial effects linger
By
Lois A. Bowers
Nov 08, 2017
Hurricanes, wildfires, generators, HCP and metrics of success were among the topics that executives of Brookdale Senior Living discussed with shareholders and analysts Tuesday on a third-quarter earnings...
Brookdale, HCP loosen ties in what CEOs call ‘win-win’ deals
By
Lois A. Bowers
Nov 03, 2017
HCP will reduce the exposure to Brookdale Senior Living in its portfolio and Brookdale will gain more flexibility to negotiate to sell some or all of its assets in a series of transactions announced Thursday...
4 strategies Brookdale is using to combat new competition
By
Lois A. Bowers
Aug 08, 2017
The opening of new communities near Brookdale Senior Living properties challenged the country’s largest senior living operator in the second quarter, President and CEO Andy Smith told participants...
Brookdale woes drag down HCP portfolio performance
By
Lois A. Bowers
Aug 01, 2017
Brookdale Senior Living properties negatively affected the performance of HCP’s senior housing operating portfolio in the second quarter as the country’s largest senior living operator experienced...
Competition, labor issues continue to challenge Brookdale
By
Lois A. Bowers
Feb 14, 2017
Wage pressure and community openings by competitors continued to challenge Brookdale Senior Living as 2016 came to a close and will continue to do so in 2017, company executives told analysts participating...
New administration means ‘uncertainty’ for businesses, Ventas CEO says
By
Lois A. Bowers
Feb 12, 2017
Changes in the federal government in the new year have brought with them “a period of significant macro volatility and uncertainty” for businesses, Ventas Chairwoman and CEO Debra Cafaro told...