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.
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...
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...
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...
‘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...
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.
Brookdale Senior Living continues pandemic recovery with occupancy, labor improvements
By
Kimberly Bonvissuto
Aug 12, 2024
Brookdale Senior Living’s continued COVID-19 pandemic recovery in the second quarter was highlighted by occupancy gains, improvements in leadership retention and associate turnover, and the implementation...
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.