(Oasis at Scholar’s Landing, an affordable assisted living community in Atlanta – Photo provided courtesy of McShane Construction Company) Construction: Planned Motion Picture & Television Fund to Build $35 Million Kirk Douglas Care Pavilion In celebration of actor Kirk Douglas’ 99th birthday, the Motion Picture & Television Fund (MPTF) announced plans to build a $35 million […]
Brookdale Senior Living
Disgruntled senior living shareholders pushed two major providers to sell off the companies in part or whole this year, raising questions about market fundamentals while stock prices have remained undervalued. Capital Senior Living Corp. (NYSE: CSU) was recently publicly pressured to explore a sale of the company by Lucus Advisors, a 5.6% shareholder in the company. The […]
Construction: Planned Summerlin Asset Management Plans 2016 Groundbreaking for 135-Unit IL Project Summerlin Asset Management, a real estate investment company with offices in Lake Havasu City, Ariz. and Irvine, Calif., plans to break ground on a 135-unit independent living community in Houston during the first quarter of 2016. Architectural plans include 160,000 square feet of […]
The nation’s largest senior living provider has achieved cost savings and improved resident outcomes by utilizing a modified version of a free, well-known program developed for skilled nursing facilities. Brookdale Senior Living (NYSE: BKD) used a government grant to team up with researchers and pilot the INTERACT tool in assisted living settings. The provider, which […]
With high turnover rates and competition for leaders, staffing across senior housing—including for executive director positions—is a challenge that all operators strive to overcome. There are several options for operators to recruit and develop persons for leadership and management positions, and one resource with room to grow is recruiting students right out of school. One innovative […]
Results from Brookdale’s new advertising campaign are in, and it’s good news for the nation’s largest senior housing company. Three weeks in, the Brentwood, Tennessee-based owner/operator has seen inquiries go up by about 15%, compared with the month prior to implementing the campaign. Speaking at the Stephens 2015 Fall Investment Conference in New York on Tuesday, Brookdale […]
This week, Senior Housing News Readers learned about the new name for continuing care retirement communities (CCRCs) and delved into Brookdale Senior Living’s (NYSE: BKD) latest executive board appointments. Readers were also introduced to a new senior housing developer and discovered how asset prices have Welltower Inc. (NYSE: HCN) holding off on major deals. Here […]
After months of occupancy woes and integration struggles, Brookdale Senior Living (NYSE: BKD) experienced a slight turnaround in the third quarter of 2015, suggesting that the major senior living provider could be on the upswing following its acquisition of Emeritus Senior Living Corp. last year. In the quarter that ended Sept. 30, Brookdale saw cash […]
This week on Senior Housing News, readers explored the various ways that the “Big Three” senior housing REITs are taking aim at the hospital system. They also learned the truth about oversupply risks in certain markets and discovered how power players can successfully expand into new regions. Here in the newsroom, we’re melting over Boggles, […]
Providers across the senior care spectrum are tapping into the home health market to expand their services, as evidenced by LexisNexis’ 2015 rankings of the leading providers of home health in the United States. Brookdale Senior Living (NYSE: BKD) snagged a spot among the top-10 home health providers, and it’s not the only company with […]
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