Brookdale Taps Walmart Exec to be COO

In its quest to get through a turbulent period, the nation’s largest senior living company is enlisting someone from the nation’s largest retailer. Labeed Diab will be the new chief operating officer at Brookdale Senior Living (NYSE: BKD), the Brentwood, Tennessee-based provider announced Monday. Diab previously served as president of health and wellness at Walmart’s U.S. […]

Why a ‘Dumb Money’ Influx Has Senior Housing Execs Jittery

It’s no surprise that leaders in the senior housing sector are worried by the specter of rising interest rates—but it may be less obvious why a flow of new capital into the industry is also a top cause for concern. Yet, the capital influx is indeed a major source of anxiety right now, according to […]

Brookdale Survey Pinpoints Barriers to Seniors’ Tech Use

Engaging older adults with technology may benefit senior living communities from an operational perspective, but getting resistant seniors to embrace technology may take some adjustments. At least, that’s suggested by the recently released findings from a survey sponsored by the nation’s largest senior housing provider, Brookdale Senior Living (NYSE: BKD). Though 58% of seniors over […]

Movers & Shakers: Brookdale’s New Board Chairman

Brookdale Appoints New Director and Non-Executive Chairman of the Board Brookdale Senior Living (NYSE: BKD), the largest senior living operator in the U.S., announced that its Board of Directors has appointed Daniel Decker as Class I director and the non-executive chairman of the board in replacement of the late Granger Cobb, effective Oct. 1. “Dan is […]

HCP Charts Future Course for Senior Housing

After a period of turmoil with its largest tenant and shaky investor confidence, the leader of HCP Inc. (NYSE: HCP) says that the giant senior housing real estate company has righted the ship and is “sailing confidently.” But in what direction is CEO Lauralee Martin taking the company, exactly? A high-profile addition to the C-Suite […]