Brookdale Senior Living, Ortelius Trade Barbs, Outline Strategies Ahead of July Shareholder Meeting

Brookdale (NYSE: BKD) and Ortelius Advisors have outlined their respective priorities prior to the operator’s annual stockholders meeting next month. In March, Ortelius, which owns 1.3% of Brookdale’s shares, nominated six new members to Brookdale’s board of directors. The activist investor noted it thought the Brentwood, Tennessee-based company and nation’s largest senior living operator could […]

Ortelius Again Pushes for Big Changes at Brookdale Senior Living Ahead of Shareholder Meeting

Activist investor Ortelius Advisors continues to put pressure on Brookdale ahead of its annual shareholder meeting, while the nation’s largest operator continues to tout its operating results as proof it’s on the right path in 2025. Activist investor Ortelius on Tuesday issued an open letter to Brookdale shareholders noting it remains “deeply concerned” by Brookdale’s […]

Sunrise Senior Living Adds 2 Communities in New ‘Era of Growth’

Sunrise Senior Living recently added two senior living communities in California as part of what CEO Jack Callison is calling a new “era of growth.” This week, the McLean, Virginia-based senior living provider announced it took on management of the two communities in partnership with Griffin Living, a national senior housing developer based in Calabasas, […]

Brookdale Senior Living Touts Recent Improvements in Bid to Win Proxy Fight With Ortelius Advisors

Brookdale Senior Living (NYSE: BKD) is touting recent moves and operating improvements as proof that its board and management team are “realizing the company’s full potential.” The Brentwood, Tennessee-based company is improving its operating performance, optimizing its real estate portfolio and reinvesting capital into its communities, according to a May 15 letter to its shareholders. […]

Why More Senior Living Operators Are Calling In Operational SWAT Teams

This story is part of your SHN+ subscription In the last week or so, several senior living operators have shared how they are deploying teams to rapidly respond to operational issues on the ground. Some are calling it the “SWAT team” approach. I first heard the term on Brookdale Senior Living’s (NYSE: BKD) most recent […]

Sonida Senior Living Deploys ‘Operational Excellence’ Team to Improve Results in 2025

Sonida (NYSE: SNDA) is taking a laser focus to senior living operations by identifying and grouping communities in need of better results and providing them with more support. The Dallas-based senior living operator is in 2025 seeking to further improve operations according to CEO Brandon Ribar. The company’s average occupancy rate in the first quarter […]

Brookdale Senior Living Deploys ‘SWAT Team’ to Boost Occupancy Amid Search for New CEO 

Brookdale (NYSE: BKD) is taking a “SWAT-team approach” to help boost occupancy for low-performing communities as it searches for a new CEO. Currently, 83 communities in the Brentwood, Tennessee-based operator’s total 619-property footprint carry average weighted occupancy rates between 80% and 85%, according to a recent financial filing. Another 77 properties have average weighted occupancy […]