According to a recent study, adults 55 or older have a 42% chance of being diagnosed with dementia at any time. That is more than double the risk reported in past research, and senior living leaders say the industry must continue to evolve memory care to better serve residents and their families given that looming […]
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 […]
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 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, […]
A little less than two-thirds of senior living communities are at least 17 years old, and that is a challenge that the senior living industry must grapple with in the years ahead. That’s according to the National Investment Center for Seniors Housing and Care (NIC). According to the organization’s data, 45% of all senior living […]
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. […]
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 (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 (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 […]
Ventas (NYSE: VTR) is in an “enviable position” in 2025 as senior living demand grows while the rate of newly built communities stays low, according to CEO Debra Cafaro. But the company is seeing some bumps along its journey to better financial results. Same-store occupancy for the company’s senior housing operating portfolio (SHOP) rose by […]
