Brookdale Acquires 18-Property HCP Portfolio for $405M, Exits Joint Venture

Brookdale Senior Living (NYSE: BKD) has inked several new transactions with HCP (NYSE: HCP) that both companies say better position them for the future. The multiple transactions will see Brookdale assume ownership of an 18-property leased portfolio for $405 million, step away from a joint venture and reconfigure lease obligations, the companies announced Tuesday. The […]

Carlton Senior Living Reduces Memory Care Falls 31% With AI Tech

A tech startup that has raised $6 million is poised to make further inroads in senior living, thanks to results like those at Carlton Senior Living. Concord, California-based Carlton utilized the new AI-enabled technology, called SafelyYou, to cut down on falls and visits to the emergency room among its memory care residents. The senior living […]