Tech-Savvy Residents Not Settling for Computer Labs in Senior Living

Senior living providers are finding that no longer does a computer lab satisfy the requirements of tech-savvy residents.  Increasingly, the onset of tech use among residents in their 70s, 80s and 90s is pushing communities well beyond simply providing devices and an internet connection they can access in common areas. That means wifi throughout the […]

Brookdale Expands National Headquarters, Plans to Grow Post-Merger

Brookdale Senior Living, which is under agreement to merge with Emeritus Senior Living, announced today via its local Tennessee government that it will be expanding substantially in its Nashville-area headquarters. The corporate expansion will include a $2.1 million investment and the addition of 162 new jobs over the next five years, the company says. Its […]

Ventas Flexes REIT Muscle in Latest Deal, Prepares for More

Following two blockbuster deals Monday totaling a value of $3.5 billion, Ventas, Inc. (NYSE:VTR) will surpass competitor Health Care REIT (NYSE:HCN) as the largest healthcare real estate investment trust in the country. Monday’s $2.6 billion announced acquisition of American Realty Capital Healthcare Trust (NASDAQ:HCT) and the $900 million agreement to acquire Holiday Retirement’s Canadian senior […]

Brookdale Continues Name Changes, Shifts 18 Chicago-Based Communities

Brookdale Senior Living is continuing in its recent initiative to change its community names to better reflect its growing brand presence in the senior care market. Following the name changes of 16 Houston-area communities in May, the company announced last week it is changing the names of 18 Chicago-area communities, starting with its campus formerly […]

Most Popular News of the Week: REIT Mega-Deal Averted, Amenities Key to Repositioning

In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Brookdale-Emeritus Merger Averted REIT Mega-Deal—It turns out Brookdale Senior Living (NYSE:BKD) wasn’t the only suitor looking to acquire Emeritus, but was just one among several other unnamed interested buyers, several of which analysts suggest may have been real estate […]

Fortress to Sell Off 19 Million Brookdale Shares

Fortress Investment Group is unloading more than 19 million shares of Brookdale (NYSE: BKD) stock, almost its entire stake in the company, through an underwritten public offering announced Tuesday. The offering of 19.4 million shares, later priced at $33 per share, is being underwritten by certain Fortress affiliates, Brookdale stated in a press release. Based on today’s current […]