Brookdale CEO: We’re Staying the Course in 2024 With ‘Ultimate Potential’ in Sight

Executives with Brookdale Senior Living (NYSE: BKD) say the company has laid a foundation for growth – now, in 2024, the company’s challenge is building on those preparations. Looking to the year ahead, Brookdale President and CEO Cindy Baier said the company has an expectation to “stay the course.” “We made remarkable progress last year, […]

Top Senior Housing Trends for 2024

A new year always brings new challenges and opportunities. In 2024, the senior living industry will have plenty of both. The senior living sector endured a hard year in 2023, starting with multiple stories of operators shutting down or in distress, and ending with assisted living being slammed in the recent Washington Post series. But […]

Brookdale Senior Living Sells Remaining 20% Stake in HCA Venture

Brookdale Senior Living has sold its remaining 20% equity interest in its home health and hospice joint-venture with HCA Healthcare (NYSE: HCA) to HCA for $27 million. Brookdale, the nation’s largest operator with 672 communities in 42 states, confirmed the sale to HCA on Wednesday. The sale comes months after Brookdale CEO Cindy Baier said […]

Washington Post Reports Highlight Assisted Living Resident Elopements and Staffing Problems, Industry Pushes Back

(Updated Jan. 3, 2023) A new Washington Post investigation has detailed dozens of incidents where senior living residents have wandered away and died as well as “bare-bones” staffing levels at communities across the country. In one article published over the weekend, the Post examined thousands of cases since 2018 where senior living residents wandered away […]

Brookdale Senior Living CEO: We’ll Continue ‘Leaning In’ to Health Care Programs

Brookdale Senior Living (NYSE: BKD) is planning for occupancy and margin growth in the year ahead as the company further “leans in” to providing health care services in its communities. The Brentwood, Tennessee-based company during an earnings call with analysts and investors Tuesday reported “strong” occupancy gains and a more than 10% increase to resident […]

Lending Anxiety, Operator Debt Maturities Position LTC Properties for Growth in 2024

Higher interest rates and billions in debt maturities coming due will aid LTC Properties (NYSE: LTC) as the company’s leaders execute on a growth strategy for the year ahead. The current lending environment favors real estate investment trusts (REIT) like Westlake Village, California-based LTC Properties due to their habit of having “conservative investment strategies” and […]