Brookdale Senior Living occupancy reaches new high since start of recovery
By
Kathleen Steele Gaivin
Sep 12, 2024
Brookdale Senior Living announced Tuesday that average weighted occupancy for August increased 30 basis points sequentially to 78.9%. That’s a new high since the post-pandemic recovery began in March...
Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
National Healthcare Corp., Brookdale report second-quarter results
By
Kathleen Steele Gaivin
Aug 12, 2024
Brookdale Senior Living held a second-quarter earnings call Friday morning, and National Healthcare Corp. reported second-quarter financials electronically.
‘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.
Business Daily briefs for Thursday, May 13
By
Kathleen Steele Gaivin
May 13, 2021
Capital Funding Group announces record-setting first quarter … Nashville Business Journal names Brookdale Senior Living one of ‘Best in Business’ …Ohio hospital re-opens 50-bed unit skilled...
Business briefs, Nov. 17
By
Kathleen Steele Gaivin
Nov 17, 2022
Brookdale Senior Living begins $125M public offering of tangible equity units … Brookdale, Enlivant, LCS tops in JD Power 2022 Senior Living Satisfaction Study … Fitch Ratings revises outlook on Ashland...
Brookdale’s May occupancy rises slightly to 71.6%
By
Kathleen Steele Gaivin
Jun 10, 2021
Brookdale Senior Living on Tuesday reported a slight month-over-month increase in occupancy among its 695 properties, with a May weighted average occupancy of 70.5% and month-end occupancy of 71.6%. In...
Brookdale completes $100M refinancing, substantially prepays mortgages due in 2022
By
Kathleen Steele Gaivin
Dec 22, 2021
By taking on $100 million in mortgage debt, Brookdale Senior Living said Monday, it will substantially prepay debts scheduled to mature in 2022, saving millions of dollars in interest.
Brookdale, LTC, NHI and Welltower issue business updates
By
Kathleen Steele Gaivin
Jan 12, 2022
Several companies released updates this week, focusing on portfolio activity, litigation, capital, rent deferrals and occupancy.