Brookdale Senior Living to acquire 41 communities for $610 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will acquire 41 communities for $610 million, the company announced Monday morning.
Brookdale Senior Living to buy 18 communities from Diversified Healthcare Trust for $135 million
By
Lois A. Bowers
Sep 30, 2024
Brookdale Senior Living will pay $135 million to buy 18 senior living communities from Diversified Healthcare Trust, the Newton, MA-based real-estate investment trust has announced.
Business briefs, Aug. 27
Aug 27, 2024
Pennsylvania retirement community sees $11.6 million operating loss … Trustee balks at $1.3M in incentives for executives in Petersen Health bankruptcy … How LTC facilities with employee-centered cultures...
‘Prudent capital investments’ lead to ‘continued momentum’ for Diversified Healthcare Trust,...
By
Lois A. Bowers
Aug 05, 2024
Diversified Healthcare Trust saw “continued momentum” in its senior housing operating portfolio, or SHOP, in the second quarter due to “favorable tailwinds in senior housing” in addition to “prudent...
McKnight’s Women of Distinction Forum to feature 2 educational sessions May 14
By
Lois A. Bowers
May 07, 2024
Ten McKnight’s Women of Distinction will share pearls of wisdom and answer questions next week during two educational sessions as part of the McKnight’s Women of Distinction Forum and Awards.
An unofficial employee appreciation day
By
Lois A. Bowers
Apr 22, 2024
Tuesday was the day US News & World Report released its Best Senior Living ratings for 2024, and it also was an employee appreciation day of sorts.
Brookdale Senior Living sees ‘super cycle’ of occupancy, rate growth
By
Lois A. Bowers
Nov 09, 2022
Brookdale Senior Living’s third quarter saw record move-ins and positive trends in occupancy growth and net hires, President and CEO Cindy Baier said Tuesday during the company’s latest earnings call.
Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Brookdale Senior Living’s HealthPlus care coordination program expands to more communities
By
Lois A. Bowers
May 10, 2023
Brookdale Senior Living’s test of a value-based care coordination program for residents delivered “extremely promising” results, and the program now is being rolled out to additional communities,...
LTC Properties to sell half of its Brookdale Senior Living communities
By
Lois A. Bowers
May 01, 2023
LTC Properties plans to sell approximately half of the 35 Brookdale Senior Living communities it owns and re-lease the other half, Chief Investment Officer and Co-President Clint Malin said Friday during...