Senior Lifestyle, Brookdale, LCS Top New J.D. Power Senior Living Rankings

Senior Lifestyle Corp. and Brookdale Senior Living (NYSE: BKD) have high satisfaction among senior living decision-makers, while Life Care Services has satisfied independent living residents, according to the 2020 U.S. Senior Living Satisfaction Study from global marketing information services company J.D. Power. The study, which J.D. Power released today, measured resident satisfaction among the nation’s […]

Brookdale Receives $67.5M in New Relief Funds, CEO Heartened by Vaccine News

Brookdale Senior Living (NYSE: BKD) President and CEO Cindy Baier touted a fresh round of aid from the federal government and new progress on the Covid-19 vaccine as signs that the company is on the right footing to weather the pandemic. Leaders with Brentwood, Tennessee-based Brookdale on Tuesday reported the company has received $67.5 million […]

What’s Behind a Wave of Senior Living CFO Hires in the Pandemic Era

Covid-19 has clouded financial outlooks for senior living providers across the country — and perhaps nobody knows that quite like the industry’s chief financial officers. In recent months, a spate of senior living providers have named new CFOs amid a financial landscape complicated by the pressures of the pandemic. Among the organizations with newly appointed […]

Ventas CEO: Covid-19 Pressure, Interest from Buyers Will Not Precipitate Senior Housing Exit

Ventas (NYSE: VTR) has repositioned its portfolio in recent years, with a focus on life science and medical office — and now, its senior housing assets are bearing the brunt of negative effects from Covid-19. But, unlike one of its real estate investment trust (REIT) peers, Ventas’ leaders are committed to senior living going forward. […]

With Occupancy at 74%, Brookdale Execs Focus on Rate Discipline, Long-Term Demand

Leaders with Brookdale Senior Living (NYSE: BKD) are touting recent moves to improve operational and financial footing, and are keeping a long-term focus as the company’s occupancy rate has continued to slump amid ongoing Covid-19 pressure. The Brentwood, Tennessee-based company is the largest senior living operator in the nation, with about 726 communities. Brookdale is […]

Another Health System Makes Senior Living Play as Tanner Partners with Beacon

A regional health system is forging ahead with plans for a senior living community, and it’s bringing along an experienced operator as its primary partner. Tanner Health System, a nonprofit that includes five hospitals servicing west Georgia and east Alabama, has joined forces with Beacon Communities on a new community in Villa Rica, Georgia, called […]

Healthpeak CEO: Covid-19 a Catalyst for Possible Sale of Senior Housing Operating, NNN Portfolios

Healthpeak Properties (NYSE: PEAK) is looking to mostly sell off its triple-net and senior housing operating portfolios and rebalance in favor of CCRCs, life science and medical office buildings — and Covid-19 is a big reason why. The real estate investment trust (REIT) announced Monday it is in the process of offloading up to $4 […]

Healthpeak Pursues $4 Billion in Senior Housing Dispositions, Moves HQ to Denver

Healthpeak Properties (NYSE: PEAK) is in the process of trimming up to $4 billion worth of assets from its senior housing operating portfolio (SHOP) and triple-net senior housing segments. The real estate investment trust (REIT) also has moved its headquarters to Denver. The company on Monday announced it has about $1.5 billion worth of assets […]

In the Pipeline: Waterfront Senior Housing Planned in Virginia; New $190M Community in Colorado

In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned Cadence, Flournoy Start Work on Seattle Community Cadence Living and Flournoy Development Group have broken ground on Cadence at Kent-Meridian, a 128-unit senior living […]