Happy Monday, Senior Housing News readers! Jimmy Buffett played Wrigley Field in Chicago this weekend. Unfortunately, we didn’t get a chance to interview him about his planned 55-plus active adult mixed-use community in Florida, but hearing his tunes up-close certainly made us want to eat cheeseburgers and drink margaritas. Meanwhile, to ensure you’re fully caught […]
Brookdale Senior Living
The nation’s largest senior housing provider has entered into a new partnership in the hopes of remaining nimble and innovative, despite its massive size. Brentwood, Tennessee-based Brookdale Senior Living (NYSE: BKD) has partnered with Health:Further, another Tennessee-based organization specializing in innovation partner programs, to stay connected to the latest senior care information, trends and potential collaborators that will foster growth. This […]
It should come as no surprise that leaders of the largest publicly traded real estate investment trusts in senior housing—and the nation’s largest provider—topped this list of highest paid senior living executives in 2016. Company leaders at Welltower (NYSE: HCN), Ventas (NYSE: VTR) and Brookdale Senior Living (NYSE: BKD) made the most in total compensation in 2016, which includes base salary, […]
A federal judge has permanently dismissed a $35 million lawsuit involving the nation’s largest senior housing provider, marking the end of a years-long legal dispute. The June 22 dismissal lays to rest a whistleblower case brought by former Brookdale Senior Living (NYSE: BKD) employee Marjorie Prather, who was originally hired to review documentation related to clients who had received […]
Happy Monday, Senior Housing News readers! Here are several stories you simply must read before jumping head on into this week: Columbia Pacific Advisors, founded in part by Emeritus Co-founder Dan Baty, moved to purchase the 79-property portfolio of Vancouver, Washington-based Hawthorn Retirement Group. Columbia Pacific Advisors’ planned acquisition of Hawthorn Retirement likely commanded a […]
Global private equity firms have been having a field day lately, making big investments in senior housing in the United States and other nations. Both China-based Cindat Capital Management and New York-based Blackstone Group (NYSE: BX), for instance, have placed bids for a 50% stake in the senior housing business of Sydney, Australia-based LendLease Group, Bloomberg […]
Columbia Pacific Advisors’ (CPA) planned acquisition of Hawthorn Retirement Group likely commanded a hefty price tag—and it may be an indication of what’s to come for the largest senior housing owner and operator out there, Brookdale Senior Living (NYSE: BKD). While CPA did not officially disclose financial details of the transaction, the 79-property portfolio and related […]
A familiar face in the senior housing industry is making yet another splash with a newly announced acquisition. Seattle-based senior housing investment company Columbia Pacific Advisors, founded in part by Emeritus Co-founder Dan Baty, has moved to purchase Vancouver, Washington-based senior living developer, operator and owner Hawthorn Retirement, the company announced Monday. The deal includes Hawthorn’s 55 […]
Happy Monday, Senior Housing News readers! Here are some recent must-read stories to start your week: Life Care Services hopes to capture some of Walt Disney World’s magic when it opens an $82 million, 239-unit community in nearby Celebration, Florida. Brookdale Senior Living (NYSE: BKD) is now reportedly in acquisition talks with a Chinese firm […]
Brookdale Senior Living (NYSE: BKD) is scaling up a pilot with ridesharing company Lyft, in an effort to create a resident transportation model that is more customer-friendly and operationally efficient. Typically, senior living providers offer transportation to residents on a pre-scheduled basis. This is not ideal, Andrew Smith, director of strategy and innovation at Brookdale, […]
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