New Intergenerational Experiment Could Ease Senior Living Pressures

In July, an independent living facility in Chattanooga, Tennessee welcomed an unconventional new resident: an 18-year-old named John Payne. This experiment in multigenerational housing is being led by The Victory Lap, a nonprofit organization that matches youth who have aged out of the foster care system with vacant apartments in senior housing communities, Victory Lap […]

Activist Shareholder Keeps Pressing for Brookdale OpCo/PropCo Split

Activist shareholder Land & Buildings is again making its case that Brookdale Senior Living (NYSE: BKD) should split into an operating company and a real estate investment trust (REIT) — an arrangement commonly referred to as an “OpCo/PropCo.” Land & Buildings on Tuesday shared its latest open letter to Brookdale shareholders, decrying the senior living […]

Brookdale Names New Chief Information Officer

Brookdale Senior Living (NYSE: BKD) added another member to its executive team with the hiring of Chris Bayham as Chief Information Officer. He will report to CFO Steve Swain and replaces Hank Reimer, a Brookdale vice president who had been filling in the role since former CIO Andrew Laudato left the Brentwood, Tennessee-based operator last […]

Brookdale CEO: Turnaround in 5th Inning, and New Competition Easing

There are signs Brookdale Senior Living’s (NYSE: BKD) improvement efforts are producing results, as the company reported improved employee retention and move-in growth in the second quarter of 2019. But, there’s more to do as the company’s ongoing turnaround approaches the halfway mark. If Brentwood, Tennessee-based Brookdale entered the first inning of its turnaround last […]

Activist Shareholder Keeps the Heat on Brookdale with Latest Letter

Land & Buildings Investment Management continued its aggrieved pen pal relationship with Brookdale Senior Living (NYSE: BKD) on Tuesday. The activist shareholder sent the nation’s largest senior living operator’s shareholders its third open letter in July, the latest attempt to push Brookdale to unlock the value of its real estate. The newest letter does not […]

Senior Housing Performance Tempers Ventas’ Strong Q2 Earnings

Ventas (NYSE: VTR) continues to deal with the realities of senior housing supply and demand dynamics, even as the company prepares for what it believes will be a reversal of fortune in that segment of its portfolio over the next five years. The Chicago-based health care real estate investment trust (REIT) reported funds from operations […]

Activist Shareholder Again Pressures Brookdale on OpCo/PropCo Split

Land & Buildings is again pushing the nation’s largest senior living operator to consider splitting into an operating company and a real estate ownership company, and Brookdale re-affirmed that it has no intention of doing so. The Stamford, Connecticut-based real estate investment firm on Tuesday released yet another open letter to the shareholders of Brookdale […]

Activist Shareholder Nominates Former HCP CEO Flaherty to Brookdale’s Board

James F. “Jay” Flaherty III may be making a return to senior living, if Land & Buildings Investment Management has its way. The Stamford, Connecticut-based real estate investment firm will nominate Flaherty, along with L&B founder and Chief Investment Officer Jonathan Litt, to the board of directors of Brookdale Senior Living (NYSE: BKD) at the […]

Movers & Shakers: The Springs Living Names Chief People Officer; Watercrest’s New Regional Operations Director

Movers & Shakers is brought to you by the Senior Housing News Job Board. Browse and apply to management and executive senior living jobs and positions from leading professional firms serving the industry. Employers can post single jobs, purchase job packages or our premium subscription that includes unlimited job posts and editorial coverage for one […]

These Concepts Are Taking Senior Living Dining in New Directions

Senior living providers are reworking their dining programs to include wellness-focused menus, cost-efficient kitchen methods and even food trucks. And these are just a few of the recent forward-thinking ideas providers have shared with Senior Housing News. With half of this year behind us, we thought it would be worthwhile to revisit some of these […]