With a pandemic, staffing woes and operational headwinds serving as the backdrop, the senior living industry has spent the last two years lurching from one crisis to another. In 2023, that must end. That is the belief of HumanGood CEO John Cochrane. As he surveys the industry, Cochrane still sees plenty of operational areas requiring […]
Brookdale Senior Living
Each passing year brings closer the huge demand wave for senior living. And as 2023 begins, providers are more focused than ever on the next generation of consumers — but also are struggling to find ways to evolve the product as needed. The struggle is due to economic turmoil and uncertainty, with tight labor markets, […]
While many senior living providers continued the long march towards a pandemic recovery, the industry saw operators innovate with new development, and familiar players in the space face new challenges in 2022. Tackling the “quiet quitting” labor issue and reports of a Brookdale Senior Living (NYSE: BKD) sale led to the most-read top stories on […]
Brookdale Senior Living (NYSE: BKD) is holding steady with regard to occupancy ahead of a potential census and resident rate growth “supercycle” in 2023. The nation’s largest senior housing provider recently reported an occupancy rate of 78.1% as of the end of November, representing a slight dip in occupancy since the end of September, when […]
After a difficult 2020 and 2021, the senior living industry seemed to hit its stride in 2022. With occupancy on the rise and a demand wave on the horizon in the form of the baby boomers, 2023 is shaping up to be a crucial year for growth and evolution. That said, the industry has many […]
Staffing issues and maintenance challenges continue to weigh on resident satisfaction, but overall there are signs the industry is stabilizing in the aftermath of the Covid-19 pandemic. That’s according to the latest annual J.D. Power U.S. Senior Living Satisfaction Study, published on Wednesday. The 2022 survey is based on 2,715 responses from senior living residents […]
Leaders with Brookdale Senior Living (NYSE: BKD) see the operator on the cusp of a “supercycle” that will see its occupancy and rate growth pick up momentum in 2023. After single-digit rent increases in 2022, the nation’s largest senior living operator is gearing up to raise resident rates more than 10% in 2023 at “significant […]
Last week ended with the news that Brookdale reportedly is considering a sale of the company. A Brookdale sale would radically change the senior living industry. But such a transaction would not be a shock, considering how many times in the past the Brentwood, Tennessee-based company has appeared ready to change hands. And those past […]
Brookdale Senior Living’s (NYSE: BKD) share value jumped Friday after a Bloomberg report that the nation’s largest senior living operator is exploring a sale of the company. The Brentwood, Tennessee-based company is engaged with financial advisors on finding possible buyers, according to a report from Bloomberg citing “people familiar with the matter.” Brookdale stock traded […]
Senior living operators and real estate investors — including industry giants such as Brookdale Senior Living (NYSE: BKD) — are increasingly prioritizing ESG projects with an understanding that the long-term benefits will make for healthier, more profitable companies. ESG stands for the environmental, social and governance portion of business planning and operations. With an increasing […]