After a week in which senior living providers intensified fears of oversupply, real estate investment trust (REIT) National Health Investors, Inc. (NYSE: NHI) is not concerned. With increasing pressures on operators, though, NHI indicated it wouldn’t be surprised to see lower rent escalators across the industry. Despite the nation’s largest senior living provider, Brookdale Senior Living […]
Brookdale Senior Living
Long-standing fears of oversupply are coming to a head for some of the nation’s largest senior living providers, raising questions about which markets and types of properties are most affected. Those impacted by new competitors are facing occupancy and pricing pressures, with some senior living providers discounting their rates in an effort to keep occupancy […]
Technology should be a game changer for senior living organizations, and those that have implemented technologies are already seeing strong success. But there’s no single approach when it comes to technology adoption. Operators are spearheading tech efforts to meet the needs of residents, staff and business functions in many ways. Hear from CEOs of the […]
After engaging in a “complex and multifaceted journey” to recovery, one of the biggest health care real estate investment trusts (REITs) has reached a turning point with its recent accomplishments and is ready to move forward. HCP Inc. (NYSE: HCP) completed its spinoff of Quality Care Properties (NYSE: QCP)— its skilled nursing assets with troubled tenant […]
Things aren’t looking great for Brookdale Senior Living (NYSE: BKD). Brookdale, the largest senior living provider in the nation, is struggling with increased competition in several markets, lower-than-anticipated revenue and rate increases, and the aftermath of “an aggressive and egregious corporate raid” Florida, executives explained on the company’s third-quarter 2016 earnings call on Tuesday. All of […]
The skilled nursing spin-off of real estate investment trust HCP Inc. (NYSE: HCP) officially has been completed and is set to begin regular trading on Nov. 1. While early trading will send some signals about what investors think of the spin-off, the success for Irvine, California-based HCP and its new entity, Quality Care Properties (QCP), will be determined […]
Senior housing heavyweight Daniel Baty plans to make even bigger waves in the Chinese senior care market—with the help of $250 million in new financing. Baty, co-founder and former chairman of Emeritus Corp. until its merger with Brookdale Senior Living (NYSE: BKD) in 2014, also served as the chairman of Holiday Retirement Corp. from 1987 to 2007. […]
Want to see your company’s job postings in front of the industry’s movers and shakers? Post your job today and reach the most progressive and up to date candidates in the industry. It’s quick, easy and cost effective. This week’s SHN jobs listings include positions at Brookdale, LCS, United Investment and more. Click the following […]
The largest provider of senior housing in the nation, Brookdale Senior Living (NYSE: BKD) has started a new pilot with one of the most popular ride-hailing companies in the country, San Francisco-based Lyft. The partnership will allow Brookdale residents to book a Lyft ride on-demand or schedule in advance through a concierge in their community, the Brentwood, Tennessee-based provider […]
Brookdale Senior Living (NYSE: BKD) has been tapping executives from various outside industries to take on leadership roles at the company. Its new hire for Executive Vice President and Chief People Officer is Cedric T. Coco, former senior vice president of human resources for Lowe’s Companies, Inc. (NYSE: LOW). Headquartered in Mooresville, North Carolina, Lowe’s […]
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