Assisted living hasn’t been a major focus of healthcare reform and how it fits into the nation’s healthcare system, but industry stakeholders say that doesn’t mean it won’t be impacted. Healthcare reform is poised to make a splash in the assisted living world for a number of reasons, including more acute care knowledge of what […]
Brookdale Senior Living
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Biggest Losers in the Brookdale-Emeritus Deal: The Big 3 REITs—Following the news that Emeritus and Brookdale would merge, creating the largest senior housing entity in the nation, analysts expressed their ideas on why this may not bode so […]
The agreement to acquire Emeritus Corporation (NYSE:ESC) for nearly $3 billion is the sort of deal that’s right up the alley of the largest healthcare REITs. Instead, Brookdale Senior Living (NYSE:BKD) is the acquirer, leaving the Big 3 out in the cold—and less well-positioned for future growth, analysts say. “We believe investors will view the […]
While social media might not have the metrics to prove it’s leading to move ins the way traditional sales leads do, providers today say they simply can’t ignore the added benefits it can deliver elsewhere. The 65-plus population may not be spending their waking hours Tweeting on Twitter and Pinning on Pinterest, but that doesn’t […]
In case you missed it… here are the top five headlines grabbing SHN readers’ attention this week. Vi Residents Sue Over CCRC Entrance Fees—A class action lawsuit filed by some of Vi Retirement Living’s California-based residents takes issue with the way CCRC entry fees are used and accounted for in cases where residents or their […]
Senior housing buyers who missed out on the Brookdale/Emeritus opportunity could get a consolation prize in Capital Senior Living (NYSE:CSU), writes Bloomberg. Brookdale’s $1.4 billion acquisition of Emeritus is expected to successfully close this year, on the heels of Health Care REIT’s acquisition of Sunrise Senior Living and TPG’s purchase of Assisted Living Concepts. The […]
An ongoing federal investigation is looking into senior living giant Emeritus, news outlet ProPublica reported this week just days following an announcement the company would merge with industry counterpart Brookdale Senior Living. The investigation, according to ProPublica, is looking into Emeritus’s operations including its Medicaid billing practices and has been ongoing since January 2013. According to […]
Unconcerned about possible Federal Trade Commission intervention and with the blessing of healthcare REIT landlords, Brookdale executives gave a glowing overview during an investor presentation Wednesday of the recently-announced Emeritus merger and how it positions the company for industry domination. One of the company’s goals is to become “the” top senior living brand in the nation and […]
Healthcare REITs may start losing their competitive edge as a result of more harm than benefit stemming from the Emeritus-Brookdale merger announced last week. Historically, high credit ratings have given these REITs access to lower costs of capital, says global ratings giant Fitch in its outlook on the acquisition. But real estate investment trusts focused […]
Size matters for the top U.S. senior housing operators of 2013 as both Brookdale Senior Living Inc. (NYSE: BKD) and Emeritus Senior Living (NYSE: ESC) took the #1 and #2 spots in the latest American Seniors Housing Association (ASHA) Top 50 list. The ASHA 50, released by the National Real Estate Investor, ranks the largest […]
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