The Senior Housing News team wishes our readers a happy Presidents Day! In observance of the holiday, we will be suspending our daily email on Monday, Feb. 16. We will resume our normal schedule on Tuesday, Feb. 17. And in case you missed them … here are the top headlines that grabbed Senior Housing News readers’ attention this […]
Brookdale Senior Living
Real estate investment trust HCP Inc. (NYSE: HCP) is undeterred by recent lackluster results from Brookdale Senior Living (NYSE: BKD), and is growing its continuing care retirement communities joint venture with the provider, company officials said in an earnings call Tuesday. A $1.2 billion strategic joint venture with Brookdale Senior Living (NYSE: BKD) was the […]
Sandell Asset Management Corp., a shareholder of Brookdale Senior Living (NYSE: BKD), is pushing the industry’s largest senior housing provider to spin off its real estate into a real estate investment trust (REIT). The New York-based firm today released a letter and a white paper to Brookdale, requesting the separation of the Brentwood, Tennessee-based provider’s […]
In case you missed them… here are the top headlines grabbing Senior Housing News readers’ attention this week. 2015: The Year of the Small Senior Living Provider — While mammoth 100-community providers seem to dominate the senior living market and media, smaller providers say their size equips them with some unique advantages. Harrison Street: Billion-Dollar Fund […]
Big growth doesn’t come easy. Brookdale Senior Living (NYSE:BKD) knows all too well. After offering a preliminary glimpse into the company’s financials for the fourth quarter last week, Brookdale today released further insight into its performance, reiterating many of the same factors that have increased expenses and led to a 70 basis point drop in […]
More than six months after the completion of the merger between Brookdale and Emeritus, the nation’s now-largest senior living provider is continuing its repositioning efforts with the final phase of downsizing Emeritus staff at Emeritus’ Seattle-based headquarters. Forty-one employees of Emeritus Senior Living Corp. (NYSE: ESC) are being laid off, the “final step” in reducing the Emeritus’ […]
In case you missed them… here are the top headlines grabbing Senior Housing News readers’ attention this week. Brookdale Banks on Renovating 150 Emeritus Communities in 2015—With detailed fourth quarter performance results forthcoming, Brookdale gave some indication by revising down its outlook for the coming year. The company has experienced a slight downturn in occupancy […]
As Brookdale Senior Living (NYSE: BKD) continues to work through its post-merger growing pains, the company has big plans to renovate more than 150 former Emeritus communities this year. In its second earnings-related announcement since completing the $2.8 billion merger with Emeritus, Brookdale today reported its anticipated preliminary financial results for the fourth quarter ending December […]
In case you missed them, here are the top headlines grabbing Senior Housing News readers’ attention this week. Please note: SHN will be observing the Martin Luther King Jr. holiday on Monday, January 19. We will resume our daily news schedule on Tuesday, January 20. Wishing our readers a happy long weekend. Q&A: Emeritus Co-Founder […]
Construction: Planned Integral Senior Living to Begin San Diego Assisted Living Development Integral Senior Living has announced a community it is managing near Rancho Santa Fe, California, outside of San Diego, will soon break ground. Santaluz Senior Living is will be a new assisted living and memory care community anticipated to break ground in mid-2015. […]
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