Senior living giant Brookdale Senior Living (NYSE:BKD) and real estate investment trust HCP Inc. (NYSE:HCP) today announced a joint venture encompassing a $1.2 billion portfolio of entrance fee Continuing Care Retirement Communities (CCRCs). The venture will own and operate 14 entry-fee CCRCs and will create the largest healthcare REIT platform to operate and acquire these […]
Emeritus Corp.
Brookdale Senior Living (NYSE: BKD) and Emeritus Corp. (NYSE: ESC) are one step closer to closing the merger that will make them the largest senior living provider in the nation. The companies announced Thursday that the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, allowing the merger to move forward […]
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 […]
In case you missed it… here are the top five stories grabbing Senior Housing News readers’ attention this week: Emeritus to Merge with Brookdale Senior Living in $2.8 Billion Deal—Senior living giant Brookdale agreed to merge with Emeritus to create what will be the largest senior living network in the country, spanning 330 markets and more […]
Ventas tops ASHA’s annual list of largest U.S. senior housing owners for the third year in a row, followed by Health Care REIT, which edged above #3 Brookdale Senior Living for the second spot in 2013. The American Seniors Housing Association’s Top 50 list was released by the National Real Estate Investor with data compiled […]
Online senior living resource SeniorHomes.com on Tuesday released a list of top-rated senior living communities located in nearly 20 major metropolitan markets across the United States. To generate the Best Senior Living Awards list of top-rated and winning communities, SeniorHomes.com compiled state inspection reports, consulted with more than 200 senior living professionals to get their […]
In the first survey of its kind for the nationwide senior living company, Emeritus (NYSE: ESC) is rolling out a new customer satisfaction system to be implemented beginning in December. The company has contracted with a third party, Mindshare, that will allow Emeritus to survey its residents and their family and friends both on their […]
Among the top 10 senior living providers ranked by size by the Assisted Living Federation of America, traffic to the providers’ websites varies widely. While for the very largest providers, site traffic aligns largely with number residents, for others among the Top-10, traffic is less proportional. According to data compiled by SHN based on traffic […]
Upon reporting third quarter operating results Tuesday, Emeritus Corp. (NYSE: ESC) said it is looking at expansion opportunities in the home healthcare business and has already begun efforts to expand into two new states. The company posted a net loss attributable to shareholders of $27.8 million, down from a net loss of $16.2 million during […]
Nine of the biggest senior living companies are working with Harvard Medical School researchers to examine the sector’s role in the changing healthcare system. Brookdale Senior Living (NYSE:BKD), Atria Senior Living, Elmcroft Senior Living, Emeritus Corporation (NYSE:ESC), Erickson Living, HCP, Inc. (NYSE:HCP), Health Care REIT, Inc. (NYSE:HCN), Sunrise Senior Living, and Ventas, Inc. (NYSE:VTR) have […]
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