Brookdale Senior Living's new CEO, Lucinda "Cindy" Baier is a "breath of fresh air," but "she still has much to prove to the investment community to gain trust and credibility," Jonathan Litt, founder and chief investment officer of shareholder Land & Buildings, said Friday.
Residents of Brookdale Sarasota Central in Sarasota, FL, decorated hats in anticipation of a Kentucky Derby party. Find out more, and learn how to submit your photos!
In the first quarter and beyond, Brookdale Senior Living made progress on the turnaround strategy it announced in February, "but we have a significant amount of work ahead of us," CEO Lucinda "Cindy" Baier told shareholders and analysts Tuesday on the company's first-quarter 2018 earnings call.
It may be several years before demand catches up with supply in senior housing, but HCP expects to outperform the competition through five major initiatives, Executive Vice President and Chief Investment Officer Scott M. Brinker said Thursday on the real estate investment trust's first-quarter earnings call.
Real estate investment trust Ventas has agreed to restructure its Brookdale Senior Living leases "to give Brookdale support and stability while it executes its operational turnaround under its new team," Ventas Chairman and CEO Debra Cafaro said Friday on the REIT's first-quarter earnings call.
It's no secret that recruiting and retaining employees is the biggest challenge facing senior living and long-term care operators. Sometimes it takes some creativity to stand out to current and prospective workers.
Former Brookdale CEO Bill Sheriff "will help support our strategic pivot" as an adviser, current Brookdale President and CEO Cindy Baier said Wednesday.
A lawsuit against Aegis Living accuses the Bellevue, WA-based senior living community operator of putting its residents at risk of injury by insufficiently staffing communities and not informing residents that its assessment system is not used to determine staffing.
The new CEO talks about some significant work ahead for the nation's largest senior living operator.
Four current or former assisted living residents of Brookdale Senior Living communities added their names on Thursday to the lawsuit accusing the company of violating the Americans with Disabilities Act of 1990. They join three other plaintiffs in what their attorneys have said could become the first class action lawsuit against an assisted living provider filed under the ADA.
Brookdale Senior Living has named Teresa F. Sparks interim chief financial officer, the company announced Tuesday in an SEC filing. Another filing detailed compensation for new CEO Cindy Baier and Non-Executive Chairman of the Board Lee S. Wielansky.
Fosun International Limited now owns more than 9.5 million shares of the common stock of Brookdale Senior Living, the company said in a Friday SEC filing. The conglomerate reportedly was one entity "at the heart of the crackdown on China's overseas deal spree" that may have contributed to the end of negotiations by another Chinese company to acquire Brookdale.
HCP is transitioning the management of 24 senior housing communities that it owns from Brentwood, TN-based Brookdale Senior Living to Louisville, KY-based Atria Senior Living, the Irvine, CA-based real estate investment trust announced Monday.
Welltower executives said that they hope Brookdale Senior Living can focus on fundamentals now that the company has announced turnaround plans that include a management shake-up in the wake of the rejection of a buyout offer.
As Lucinda "Cindy" Baier prepares to lead Brookdale Senior Living, the company's short-term turnaround plans include selling 30 communities, cutting $25 million in general and administrative expenses, increasing automation and the use technology where possible, and moving more decisions to the community level when deemed appropriate. She spoke with McKnight's Senior Living on Thursday.
Andy Smith is being replaced as president and CEO at Brookdale Senior Living, and Daniel Decker will be leaving his position as executive chairman, the company announced this morning in advance of its fourth-quarter and full-year 2017 earnings call.
Land & Buildings will be "closely monitoring" the progress that Brookdale Senior Living is making on its efforts to sell some or all of its assets, activist shareholder Jonathan Litt, founder and chief investment officer of the registered investment manager, said Friday in a public letter to fellow shareholders.
Brookdale Senior Living resident Eleanor "Ellie" Ross recently got to ski again thanks to a Brookdale partnership with two-time Olympic skier Jeremy Bloom. Read more, and learn how to submit your photos!
Real estate investment trust HCP is selling six Brookdale Senior Living properties to Brookdale and selling or transitioning 68 other Brookdale properties to other operators, REIT executives said Tuesday during an earnings call.
Sunrise Senior Living, Holiday Retirement and Capital Senior Living had the highest scores in the inaugural study of senior living conducted by J.D. Power, the consumer research company announced Monday.
Brookdale Senior Living associates and partners together raised $2.1 million for the Alzheimer's Association in 2017, according to the company.
The American Seniors Housing Association launched a new Senior Living Hall of Fame and inducted six industry veterans at its annual meeting.
The country's largest senior living operator recently came to the attention of the country's largest animal welfare organization because of the activities program at one of its communities.
Twenty-five Brookdale Senior Living communities have earned the U.S. Environmental Protection Agency's Energy Star certification, the Brentwood, TN-based company announced Wednesday.
Visitors to the Brookdale New Braunfels Facebook page on Wednesday were treated to the wedding of residents Ann Hoover and Allen Seelhammer.
SeniorAdvisor.com announced that more than 1,600 senior living communities have been recognized as among the best in the business.
This year's list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.
Caring.com is releasing its list of reviews-based honorees today, and 267 independent living communities, assisted living communities, memory care communities, care homes or skilled nursing facilities across 40 states made the cut.
National Health Investors is watching the performance of Brookdale Senior Living and Holiday Retirement very closely, the real estate investment trust's president and CEO, Eric Mendelsohn, said Wednesday on a third-quarter earnings call. But he has a "bragging list," too.
Welltower has settled a lawsuit against a former employee, and the terms will push back his start date with a competitor about two months, executives said Tuesday. During an earnings call, they also discussed Brookdale Senior Living, natural disasters and transitioning one operator from a triple-net to RIDEA structure.