In senior housing, the relationship between owner and operator is essential to unlocking a property’s revenue potential, flexibility throughout the terms of a lease and access to capital from lenders. Unlocking the opportunities within lease structures was the dominant theme during Day 2 of the Read More »
In the Pipeline: Brookdale Expands Phoenix Community; Utah’s First Life Plan Concept
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends, the annual SHN Awards Competition. Construction: Planned Planned Ryan Cos. Master Read More »
Pegasus Launches Turnaround Effort for 36 Former Brookdale Properties
Newly formed operator Pegasus Senior Living is trying to accomplish a difficult feat right out of the gate: taking over a portfolio of 36 underperforming properties from Brookdale Senior Living (NYSE: BKD) and turning them around in a tough operating environment. To accomplish this, Pegasus Read More »
Senior Living Providers Test New Tools for Person-Centered Memory Care
Caring for older adults living with Alzheimer’s is not getting any easier, but there are some innovative person-centered care programs and tools that could aid senior living providers in enhancing the wellbeing of residents living with the incurable disease. And they couldn’t come at a Read More »
In Effort to ‘Disrupt Alzheimer’s,’ Senior Living Caregiving Deserves More Attention
Each year, researchers and caregivers across the globe pour precious time and energy into improving the lives of older adults living with Alzheimer’s disease — and though potential progress toward a cure commands a lot of attention, the role of caregivers and care programs deserves Read More »
Ventas to Acquire Brookdale Property in New York City for $194 Million
Ventas (NYSE: VTR) has struck a deal to buy some prime real estate from the nation’s largest senior living provider. The Chicago-based real estate investment trust (REIT) on Monday revealed it plans to buy from Brookdale Senior Living (NYSE: BKD) a senior housing community located in Read More »
Canadian Operator Cogir Hopes Brookdale Portfolio Deal Can Spur U.S. Expansion
A Montreal-based firm has plans to rapidly scale up its U.S. senior living operations, after agreeing to take over management of a dozen properties from Brookdale Senior Living (NYSE: BKD). Real estate investment trust (REIT) Welltower (NYSE: WELL) first announced in June plans to scale back its Brookdale Read More »
Movers & Shakers: Thrive Senior Living Adds Chief Experience Officer
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 Read More »
Brookdale Senior Living Poaches New CFO from DISH Network
Brookdale Senior Living (NYSE: BKD) has named a former telecommunications executive as its new CFO. Specifically, Steven Swain is set to join the nation’s largest senior housing provider as its executive vice president and CFO on September 4. He will replace Teresa Sparks, who began Read More »
Activist Shareholder Blasts Brookdale’s Board, Again Pushes for Real Estate Sales
A vocal activist shareholder with Brookdale Senior Living (NYSE: BKD) has some choice words for the company’s leaders, and is once again seeking to convince them to unlock more value from its real estate through asset sales. Stamford, Connecticut-based Land and Buildings Investment Management LLC Read More »
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