Senior Living Execs Discuss Playbooks for the Worker Shortage

The senior living worker shortage is real, and to make the most out of hiring and retaining employees, executives are thinking outside of the box—and the industry— to find talent. From comprehensive programs to onboard industry newbies to the “DNA” of a great hire, executives from Brookdale Senior Living (NYSE: BKD), Meridian Senior Living and other companies weighed […]

Monday Jump-Start: 50% Chance Brookdale Will be Sold

Happy Monday, Senior Housing News readers! If you’re reading this, you’ve survived April Fools Day—hopefully with your pride and chosen hair color in tact, too. While you recuperate, catch up on some of the top news Senior Housing News reported on last week: The probability of Brookdale Senior Living (NYSE: BKD) being sold between now […]

Industry Opinion Divided on Pace of Senior Housing Development

It may seem as though concerns about senior housing oversupply are being voiced with increasing frequency—but these concerns aren’t entirely pervasive. In fact, the senior housing industry may have a fair number of people who believe that the amount of development currently taking place is “just right,” according to the Q1 2017 Quarterly Senior Housing Sentiment […]

Senior Housing Finance Activity: KeyBank, Grandbridge

KeyBank Provides $703 Million for Blackstone’s 64-Community Senior Housing Acquisition KeyBank Real Estate Capital’s Healthcare platform recently provided a $703 million financing package to a joint venture led by Blackstone (NYSE: BX) that purchased a senior housing portfolio with 64 communities from HCP, Inc. (NYSE: HCP). The portfolio is made up of 5,973 units in […]

How Virtual Reality Brings Real Benefits to Senior Living

The 21st Century Senior Living Community is a series brought to you by CDW, a provider of technology solutions and services focused exclusively on serving the healthcare marketplace. The series takes a clear-eyed look at how leading providers and their partners are creating the next generation of senior living communities by raising the bar on […]

Jefferies: Over 50% Chance Brookdale Will Be Sold This Year

After months of speculation surrounding who may or may not purchase Brookdale Senior Living (NYSE: BKD), the probability of a sale between now and year-end is greater than 50%, investment banking firm Jefferies predicted in a report Monday. “We are upgrading BKD given our view that the stock’s recent pullback has significantly improved its risk-reward profile,” the […]

Senior Housing Investments & Transactions: Blackstone Deals

Blackstone Buys Florida Properties for $155 Million Blackstone Group (NYSE: BX) purchased four senior living communities from Welltower Inc. (NYSE: HCN) in South Florida for a combined $154.7 million. The acquisitions are part of a previously announced $1.13 billion deal between Blackstone and Brookdale Senior Living (NYSE: BKD). The transactions include: Mangrove Bay, a 155-unit complex […]

Monday Jump-Start: Don’t Count on REITs Buying Brookdale

Happy Monday! It’s an exhausting time—March Madness is in full swing, and seemingly everyone in Chicago is recovering from week-long St. Patrick’s Day celebrations. Before we descend into even more March Madness, here’s a recap of what we covered last week: California-based memory care provider Silverado will be making its East Coast debut in early […]

How Silverado Plans to Become a Coast-to-Coast Provider

Silverado was the eighth-largest memory care provider nationally as of 2016, and the company now is set to grow its footprint by expanding into a new part of the country. A property being developed in Alexandria, Virginia, will be the first foray into an East Coast market for Irvine, California-based Silverado. Scheduled to open in […]

Ventas CEO: Brookdale Should Focus on Operating Business

Ventas Inc. (NYSE: VTR) is indeed out as a potential buyer of Brookdale Senior Living (NYSE: BKD), Ventas CEO Debra Cafaro confirmed Tuesday morning. She also weighed in on where the nation’s largest senior living provider should be focused. “We believed internally at Ventas that it was necessary and appropriate to make that clarification to our constituents […]