McKnight’s to induct 19 into Women of Distinction Hall of Honor in 2022
By
Lois A. Bowers
Feb 25, 2022
Nineteen women working in senior living, skilled nursing or home care are being announced today as Hall of Honor inductees in the annual McKnight’s Women of Distinction awards program, a joint effort...
Brookdale sees 10 months of occupancy growth, sets labor, occupancy goals for 2022
By
Lois A. Bowers
Feb 16, 2022
Entering 2022 having experienced 10 months of sequential weighted average occupancy growth, Brentwood, TN-based Brookdale Senior Living has identified strategies to improve occupancy further as well as...
Big senior living stories of 2021
By
Lois A. Bowers
Dec 22, 2021
2021 began with the hope that the new COVID-19 vaccine being rolled out to assisted living communities and nursing homes would help control a pandemic that had caused so much illness, death, loneliness,...
LTC Properties expects to ‘dig deep’ for transactions; older buildings, senior apartments of interest
By
Lois A. Bowers
Feb 24, 2020
For 2020, “early indications show that we will have to dig deep to find the kinds of transactions that best benefit our shareholders,” Westlake Village, CA-based LTC Properties’ Chairman, Chief Executive...
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.
Apollo said to be buyer of $428 million Brookdale portfolio from HCP
By
Lois A. Bowers
Jun 25, 2018
Global alternative investment manager Apollo Global Management is the previously unannounced buyer of 22 Brookdale Senior Living communities from real estate investment trust HCP for $428 million, according...
New perks that really do work
By
Lois A. Bowers
Apr 19, 2018
It’s no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective...
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 sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Brookdale’s $4 billion acquisition on hold: report
By
Lois A. Bowers
Aug 07, 2017
Brookdale Senior Living’s talks to be acquired by Beijing-based Zhonghong Zhuoye Group Co. Ltd. have stalled because Chinese regulatory officials are more carefully scrutinizing overseas investments...