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.
Brookdale executives donating pay, paid time off to staff during pandemic
By
Amy Novotney
Apr 15, 2020
Brookdale Senior Living President and CEO Cindy Baier donated more than two months’ salary to the firm’s Associate Compassion Fund, the company has announced. Other members of the executive team and...
Brookdale to ‘shore up forecasting and financial control’ with leadership changes, analyst says
By
Kathleen Steele Gaivin
Jan 17, 2023
Leadership changes announced Friday by Brookdale Senior Living President President and CEO Lucinda “Cindy” Baier are meant to “shore up forecasting and financial control,” Stifel analyst Tao Qiu...
Brookdale Senior Living refinances $220 million in debt
By
Kathleen Steele Gaivin
Oct 18, 2022
Brookdale Senior Living announced Monday that the company has substantially reduced all 2023 debt maturities with $220 million in refinancing.
We’re ‘on road to recovery,’ say execs at Brookdale, Capital Senior Living
By
Amy Novotney
Mar 12, 2021
The leading indicators all are pointing toward recovery, according to executives at both Brookdale Senior Living and Capital Senior Living during presentations this week at the Barclays Global Healthcare...
Brookdale Senior Living says preliminary financial data ‘favorable’ in first quarter
By
Kathleen Steele Gaivin
Apr 12, 2023
Brookdale Senior Living’s preliminary financial results for the first quarter are “favorable,” the Brentwood, TN-based says
Brookdale’s $125M offering of tangible equity units causing concern for investors
By
Kathleen Steele Gaivin
Nov 22, 2022
Brookdale Senior Living’s recent announced that it began a public offering of 2.5 million tangible equity units, with an aggregate stated amount of $125 million, is fueling concerns among some investors,...
Brookdale keeps COVID cases under 1% but sees occupancy decline, calls for government aid
By
Kimberly Bonvissuto
May 07, 2020
Less than 1% of residents at the country’s largest senior living operator have tested positive for COVID-19, but the virus has still affected occupancy rates, according to Brookdale Senior Living...
Brookdale Senior Living CEO: ‘Too soon to tell’ outcome of Senate inquiry
By
Kimberly Bonvissuto
Feb 22, 2024
Brookdale Senior Living’s leader said Wednesday she is confident in the company’s priorities in the face of growing scrutiny of the industry by the lay media and policymakers.