Capital Senior Living Shareholder Pushes for Board Changes

A change in top leadership at Capital Senior Living (NYSE: CSU) has not silenced one of the Dallas-based senior housing operator’s shareholders. Cove Street Capital is calling for “commensurate change” in the Dallas-based company’s board of directors. Capital Senior Living is one of the country’s 10 largest providers in the industry, and operates 129 communities […]

[UPDATED] Capital Senior Living Names Kimberly Lody as New President, CEO

Capital Senior Living (NYSE: CSU) has appointed a successor to retired CEO Larry Cohen. Lody’s first priorities with the company will include improving its operating performance, growing occupancy, stabilizing rates and strengthening its financial position. Kim Lody The Dallas-based senior living operator’s board of directors named Kimberly S. Lody as president and CEO, effective immediately. […]

Top Senior Housing Trends for 2019

Senior housing providers and other industry stakeholders may be feeling a sense of dread going into 2019. Occupancy is at a low point, labor expenses are surging amid sharp workforce challenges, new competition continues to pressure certain markets, construction costs are up and aging baby boomers are not yet entering communities in huge numbers. While […]

Boomers Fret Over Cost, Proximity in Caring for Parents, Survey Finds

Some baby boomers are worrying about the financial costs of caring for their aging parents, and whether they’ll be able to live close to them as they age. That’s one of the insights contained within a new survey commissioned by Capital Senior Living (NYSE: CSU) about baby boomers’ attitudes as they juggle taking care of their parents […]

Brookdale Talks $100M Cash Flow Opportunity, Capital Senior Living Needs ‘Fortitude’

One day after their Q3 2018 earnings calls, leaders with Brookdale Senior Living (NYSE: BKD) and Capital Senior Living (NYSE: CSU) elaborated further on how the companies plan to weather current senior housing headwinds and execute on operational improvement strategies. From Brookdale’s opportunity to gain cash flow to Capital’s willingness to walk away from certain […]

Capital Senior Living Strives to Streamline Operations, Rein in Expenses

Industry headwinds caused some turbulence at Capital Senior Living (NYSE: CSU) this quarter, but the company has a plan to steer the ship into calmer waters, executives said during a third-quarter earnings call Tuesday. They are focused on strategic rate setting as discounting has dissipated in some markets, and more broadly on implementing a more efficient, centralized […]

NHI Joins Chorus of Senior Housing Organizations Eyeing Joint Ventures

Like some of its peers in the senior housing space, National Health Investors (NYSE: NHI) no longer wants its tenants to “just use [it] as a checkbook,” according to President and CEO Eric Mendelsohn. Rather than triple-net, the Murfreesboro, Tennessee-based real estate investment trust (REIT) is currently looking out for RIDEA and joint venture opportunities, […]

Tech Beat: CSU Partners with OneDay, K4Connect’s New Hire

Capital Senior Living Partners with Dallas-Based OneDay Capital Senior Living (NYSE: CSU) recently partnered with Dallas-based startup OneDay to digitally preserve the stories of residents at its 129 senior housing communities. OneDay’s mobile app is an interactive, personalized storytelling tool, according to a press release. Residents can choose a conversation topic on the app, and […]