An activist shareholder in Brookdale Senior Living (NYSE: BKD) is trying to ratchet up pressure on the company’s leaders, urging them in an open letter to successfully negotiate a partial or complete sale of the company—or face the music from shareholders. Rumors of a brewing Brookdale takeout surfaced on Tues., Jan. 10, when the Wall […]
Brookdale
Many questions have been raised by the rumor that Brookdale Senior Living (NYSE: BKD) is negotiating with the Blackstone Group and other potential buyers over a sale of the company. Perhaps foremost among these questions: What is the value of Brookdale’s real estate, and what deal structures appear most likely? The real estate piece is […]
Rumors that private equity giant Blackstone Group is in talks to acquire Brookdale Senior Living (NYSE: BKD) circulated Tuesday afternoon. Shares of the nation’s largest senior living owner and operator surged, ending the trading day up nearly 15%. The talks are at an early stage and involve other suitors in addition to Blackstone, according to […]
This year, industry news was dominated by the largest senior living operator in the nation, Brookdale Senior Living (NYSE: BKD). It’s not surprising that the industry behemoth generates a lot of reader interest, but the Brentwood, Tennessee-based provider created a lot of news this year with its ongoing efforts to find the formula for success […]
Another group of activist shareholders in the nation’s largest senior living provider is urging the company to monetize its assets through a major real estate sale. The group, Stamford, Conn.-based Land and Buildings Investment Management LLC, stressed Brookdale Senior Living’s (NYSE: BKD) options in a letter to the company’s shareholders Tuesday, indicating that shares of […]
New competition in certain areas hit Brookdale Senior Living (NYSE: BKD) hard in the third quarter of 2016. Now, the nation’s largest senior living provider has broken down supply pressures specifically within its largest 20 markets and shared some of its plans for facing the new competition. The Brentwood, Tennessee-based company painted a picture of new […]
HCP Inc. (NYSE: HCP) has taken another step in its ongoing efforts to reduce the number of Brookdale Senior Living (NYSE: BKD) properties in its portfolio. Three new amendments to its master triple-net lease with Brookdale will enable HCP to move forward with previously announced plans to terminate leases on 25 Brookdale communities and sell […]
Senior housing industry jobs are growing by the day as the population ages….find out who is looking for fresh talent and if your skills fit the needs of some of the industry’s most innovative employers that are advertising on the Senior Housing News Job Board. Post your job today to reach the most progressive and […]
Five Star Senior Living (Nasdaq: FVE) may not own a huge number of properties, but at least a few stakeholders believe it might make sense for the provider to own even less real estate. The company may want to consider selling or closing some of the struggling communities that it owns, according to David Hegarty, CEO […]
Here in Chicago, we continue to rejoice over the Cubs’ World Series victory (!) Wednesday night. But it’s also been quite an exciting week in the world of senior housing. HCP announced it will sell a Brookdale portfolio for over a billion dollars, Welltower is disposing of $4.1 billion in assets by year’s end … […]
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