In a public letter to Brookdale Senior Living (NYSE: BKD) shareholders on Friday, Stamford, Connecticut-based Land & Buildings Investment Management LLC called for the nation’s largest senior housing provider to offer a material update on its strategic review process. “It has been more than a year since Brookdale announced the engagement of Goldman Sachs and […]
Brookdale Senior Living
HCP, Inc. (NYSE: HCP) has come a long way from the company it was a few years ago. “By all measures, 2017 was a pivotal year in our transformation of HCP,” Thomas Herzog, president and CEO of the Irvine, California-based real estate investment trust (REIT), said during the company’s fourth-quarter and full-year 2017 earnings call […]
Sunrise Senior Living, Holiday Retirement and Capital Senior Living (NYSE: CSU) have the most satisfied residents among the country’s largest senior living providers, according to a new report from market research firm J.D. Power. The “J.D. Power 2018 Senior Living Satisfaction Study” was conducted between October and December of 2017 and based on responses from 2,539 residents or loved ones […]
Mike McKee, current executive board chairman and former interim CEO of HCP Inc. (NYSE: HCP), will be retiring, the real estate investment trust (REIT) announced Monday. McKee, who joined HCP’s board in 1989, will step down from the executive chairman role effective March 1. He will remain with the Irvine, California-based company in a consulting […]
With the advent of social media and open-source publishing tools, more ordinary people than ever before are sharing information about the places where they live and work as “citizen journalists.” But the trend isn’t limited to the normal walks of life—senior living has its own kind of locally sourced journalism, too. That doesn’t mean senior […]
Now that 2017 has officially come to a close, the senior housing industry is looking ahead to what 2018 may bring. Here’s what some top industry executives are predicting when it comes to staffing, regulations, resident preferences and more in the new year: Chris Winkle, CEO of Sunrise Senior Living: “2018 will bring continued opportunities to […]
2017 has been a wild ride for many industries—the senior living industry included. This year, industry news was once again dominated by Brookdale Senior Living (NYSE: BKD). There were takeover predictions, acquisition rumors and analyst think pieces, but ultimately no merger deals—at least as of Dec. 17. We also have a strong feeling that we […]
Senior living providers are increasingly using ridesharing services to transport their residents wherever they want to go at the drop of a hat—but if they’re not paying attention, they could hit a bump in the road. Accidents, injuries to residents, misconduct from drivers and insurance woes are all risks providers need to watch out for […]
*Editor’s Note: This story has been corrected from a previous version, which inaccurately stated there was a significant decrease in total units among the largest providers. This was based on a mistaken analysis of the data, confusing resident capacity with unit count. Argentum’s 2016 rankings were based on resident capacity, and this year the rankings […]
National Health Investors (NYSE: NHI) put up strong numbers for the third quarter, but it has some troubled tenants to deal with in its senior living portfolio. Overall, the Murfreesboro, Tennessee-based real estate investment trust (REIT) posted earnings that beat analysts’ expectations for the third quarter of 2017. Revenue for the period was about $71.3 […]
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