Brookdale ushers in 29 consecutive months of occupancy growth
By
Kimberly Bonvissuto
Apr 10, 2024
A 180-basis-point average occupancy gain in March represented the 29th consecutive month of year-over-year growth for Brookdale Senior Living, according to a Monday update from the Brentwood, TN-based...
US News Best Senior Living program grows to recognize 1,703 communities in third year
By
Lois A. Bowers
Apr 16, 2024
US News & World Report’s Best Senior Living ratings program continues to grow, recognizing 1,703 senior living communities with top marks in its third year.
Brookdale’s staffing algorithm under fire for alleged chronic understaffing of communities
By
Kimberly Bonvissuto
Apr 02, 2024
One national senior living company’s staffing algorithm drew repeated complaints from building managers for failing to capture the nuances of caring for older adults, leading to residents going without...
Ventas, Land & Buildings enter ‘mutual cooperation agreement’ with nondisparagement clause
By
Kathleen Steele Gaivin
Mar 05, 2024
A “mutual cooperation agreement” between Chicago-based real estate investment trust Ventas and activist investor Land & Buildings has resulted in the REIT adding two people to its board and prohibits...
Brookdale should split into REIT, operating company, activist shareholder says: report
By
Lois A. Bowers
Dec 03, 2018
Brookdale Senior Living should divide its properties between a real estate investment trust and an operating company, activist shareholder Jonathan Litt reportedly told company executives recently.
Activist shareholder plans to vote against slate of Brookdale directors at annual meeting
By
Lois A. Bowers
Sep 13, 2018
Brookdale Senior Living shareholder Land & Buildings intends to vote against the three directors up for election at Brookdale’s annual meeting Oct. 4, the Stamford, CT-based investment manager’s...
Activist stockholder withdraws other nomination for Brookdale board
By
Lois A. Bowers
Oct 09, 2019
Land & Buildings founder and Chief Investment Officer Jonathan Litt on Tuesday withdrew the nomination of James “Jay” F. Flaherty III from consideration for the Brookdale Senior Living Board of Directors,...
Activist shareholder criticizes Brookdale Senior Living performance, board days before earnings call
By
Lois A. Bowers
Jul 31, 2019
One week before Brookdale Senior Living’s second-quarter earnings call, activist shareholder Land & Buildings issued another open letter to fellow shareholders on Tuesday, saying the country’s largest...
Activist shareholder again calls for Brookdale Senior Living to consider separating real estate, operations
By
Lois A. Bowers
Jul 17, 2019
Activist shareholder Land & Buildings on Tuesday repeated the recommendation that Brookdale Senior Living sell assets or separate its real estate and its management company into two separate companies...
Land & Buildings makes case for its Brookdale board nominee
By
Lois A. Bowers
Sep 20, 2019
Land & Buildings founder and Chief Investment Officer Jonathan Litt on Thursday expanded on the reasons he withdrew as a candidate for the Brookdale Senior Living Board of Directors and also took the opportunity...
