Spring has sprung here in Chicago—but just as exciting for us and our readers, it’s earnings season. Among the stories to get a lot of attention this week, executives with Five Star Senior Living gave some details on a new dynamic pricing initiative during the company’s earnings call. Readers also were interested in what senior […]
Brookdale
This week, Senior Housing News readers wanted to know why universities are getting into senior housing, how to bring senior living marketing strategies up-to-speed, and what Brookdale is doing to become an industry leader in security and safety-related technology innovation. Here in the newsroom, we were happy to hear that a Brookdale resident danced on The […]
The nation’s largest senior housing provider has a new goal: to become the industry leader in security and safety-related technology innovation. To accomplish that goal, Brookdale Senior Living (NYSE: BKD) has partnered with STANLEY Healthcare and RF Technologies, the Brentwood, Tennessee-based senior living owner/operator announced Monday. The move comes as part of Broodake’s “Rewiring Aging” initiative, which […]
Ongoing troubles for HCP Inc. (NYSE: HCP) may have reached a critical level, making the major owner of senior housing real estate a prime takeout target—with rival Ventas Inc. (NYSE: VTR) perhaps being the most likely buyer. At least, that’s a scenario some analysts are presenting as a possible outcome for the Big Three REIT. […]
Sandell Asset Management has exited its position in Brookdale Senior Living (NYSE: BKD), about one year after the firm publicly pushed the senior living provider to spin off its real estate assets to maximize shareholder value. New York-based Sandell Asset Management and Sandell Investment Services LLC held shares of BKD as of the end of […]
This coverage of the 2016 National Investment Center for Seniors Housing & Care Spring Investment Forum is brought to you by Mainstreet. As the nation’s largest developer of transitional care properties, Mainstreet specializes in real estate development, value investments and health care. With Mainstreet’s support, SHN brings this on-the-spot reporting from the NIC conference, which […]
Those who believe senior housing needs more high-quality operators might welcome a new entrant helmed by a former executive with industry giant Brookdale, backed by an investment firm with bona fides in the sector. Nashville-based Vitality Senior Living currently is pursuing new development in several markets in the Midwest, Northeast, and Southeast, and expects to […]
About two months after a new CEO arrived at Holiday Retirement, the independent living giant is going through further changes in its leadership. Scott Shanaberger is transitioning from chief financial officer to chief operating officer, the Lake Oswego, Oregon-based provider announced Wednesday. Tyler Nelson, previously senior vice president of finance, is stepping into the CFO […]
Senior living companies appear to be in a race to outdo each other on the high-end, creating ever more luxurious and extravagant buildings and services. Beauty salons have given way to full-blown spas; dining rooms now include wood-fired pizza ovens and computerized wine bars, with food prepared by celebrity chefs; and rather than movie nights […]
I was happy to hop on a plane for Palm Springs recently. I left behind a gray day in Chicago and landed in the oasis of blue skies, hazy peaks and shimmering water. Yet, the vibe there was not exactly serene; I would describe it as an atmosphere of excited anticipation. There might have been an obvious […]
Subscribe
Receive industry updates and breaking news from SHN