Turning the nation’s largest senior living company from struggling to stellar may not be as easy as one, two, three, but leaders at Brookdale Senior Living (NYSE: BKD) are putting forward an easily digestible plan to move forward on operational improvement. The Brentwood, Tennessee-based giant beat analysts’ revenue expectations by $30 million with a second-quarter […]
Brookdale Senior Living
This week, Senior Housing News readers were among the first to know that Brookdale Senior Living (NYSE: BKD) sold a 44-property seniors housing portfolio for about $253 million. Readers also learned about an owner of multiple home health and senior living facilities who committed $1 billion in fraud, Atria Senior Living’s new Atria Hospitality venture, […]
The largest senior living provider in the nation made a sound move in offloading 44 underperforming assets in 12 states this week, and it’s one that’s likely to be repeated. That’s because Brookdale Senior Living (NYSE: BKD) still has a ways to go in right-sizing its massive portfolio, analysts said following this week’s portfolio sale. […]
CBRE Closes Six-Building Senior Housing Portfolio Sale CBRE recently closed a six-building senior housing portfolio sale in Oklahoma City, Oklahoma, for an undisclosed price. The transaction was handled by CBRE’s Daniel Morris. The portfolio includes a total of 427 beds. The portfolio includes six communities located in Andarko, Crescent, Hennessey, Lindsay, Marlow and McAlester, Oklahoma. […]
Chicago Pacific Founders, the private equity group co-founded by former Brookdale Senior Living (NYSE: BKD) executive John Rijos, has closed its debut fund, which was oversubscribed at its $325 million hard cap. The group plans to deploy the capital on senior housing and other health care-related investments. Strategic industry investors and entrepreneurs, as well as […]
The nation’s largest senior living provider has taken steps to make sustainability one of its top priorities and committed to a three-pronged approach. Brookdale Senior Living (NYSE: BKD) on Tuesday released its first sustainability report, detailing its approach to sustainability across its buildings, its newly-developed sustainability leadership council and some of its recent key environmental […]
This week, we were eager to bring our readers a recap of Senior Housing News’ Summit event in Chicago. Our panels of experts discussed the changing face of technology in senior living and the need for middle-market products and services—an area largely ignored by the industry. Here in the newsroom, we were keeping it cool […]
This week, Senior Housing News readers heard all about industry leaders, for one reason or another. News broke about HCP Inc.’s quest to find a new CEO, we sat down one-on-one with Brookdale Senior Living’s CEO Andy Smith, and Blue Harbor Senior Living found its first CEO in Tana Gall. Readers were also intrigued by […]
It’s starting to feel like summer at our Chicago headquarters, and we were eager to bring our readers the latest buzz from the industry this week. Everyone was interested in the latest news from the nation’s largest senior housing provider, including its upcoming plans for the year and a new wellness program for brain health. […]
The nation’s largest senior living provider has enlisted the help of a neuropsychologist to get as many residents as possible actively involved in their own brain health, through a multdimensional program being rolled out in communities across the country. Brookdale Senior Living (NYSE: BKD) now offers its residents wellness programming that explores the concept of brain […]
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