Brookdale

Brookdale's new CEO a 'breath of fresh air' but 'still has much to prove,' shareholder says

Brookdale's new CEO a 'breath of fresh air' but 'still has much to prove,' shareholder says

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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.

This activity is the tops

This activity is the tops

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!

Brookdale making progress but has 'a significant amount of work ahead,' CEO says

Brookdale making progress but has 'a significant amount of work ahead,' CEO says

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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.

HCP sets a course for the future as it reduces exposure to Brookdale

HCP sets a course for the future as it reduces exposure to Brookdale

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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.

Ventas 'killed a lot of brain cells' devising Brookdale lease restructuring, CEO says

Ventas 'killed a lot of brain cells' devising Brookdale lease restructuring, CEO says

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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.

New perks that really do work

New perks that really do work

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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.

Brookdale Senior Living taps former CEO Bill Sheriff as consultant

Brookdale Senior Living taps former CEO Bill Sheriff as consultant

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Former Brookdale CEO Bill Sheriff "will help support our strategic pivot" as an adviser, current Brookdale President and CEO Cindy Baier said Wednesday.

Aegis Living sued over staffing concerns; plaintiff's firm also involved in Brookdale ADA lawsuit

Aegis Living sued over staffing concerns; plaintiff's firm also involved in Brookdale ADA lawsuit

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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.

'A lot of heavy lifting left' for Brookdale

'A lot of heavy lifting left' for Brookdale

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The new CEO talks about some significant work ahead for the nation's largest senior living operator.

Four current or former residents join ADA lawsuit against Brookdale Senior Living

Four current or former residents join ADA lawsuit against Brookdale Senior Living

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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 names interim CFO

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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.

Hong Kong company gains 5.11% stake in Brookdale Senior Living

Hong Kong company gains 5.11% stake in Brookdale Senior Living

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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 moves 24 communities from Brookdale to Atria

HCP moves 24 communities from Brookdale to Atria

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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 hopes Brookdale gets 'back to the basics'

Welltower hopes Brookdale gets 'back to the basics'

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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.

Next Brookdale CEO talks turnaround after company rejects takeover bid

Next Brookdale CEO talks turnaround after company rejects takeover bid

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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 out as Brookdale CEO as strategic review process concludes

Andy Smith out as Brookdale CEO as strategic review process concludes

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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.

Activist investor 'closely monitoring' Brookdale's strategic review process

Activist investor 'closely monitoring' Brookdale's strategic review process

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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.

Winter wish

Winter wish

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!

HCP continues to shed Brookdale communities from portfolio

HCP continues to shed Brookdale communities from portfolio

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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, Holiday, Capital come out on top in new J.D. Power senior living study

Sunrise, Holiday, Capital come out on top in new J.D. Power senior living study

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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 associates, partners raise $2.1 million for Alzheimer's

Brookdale associates, partners raise $2.1 million for Alzheimer's

Brookdale Senior Living associates and partners together raised $2.1 million for the Alzheimer's Association in 2017, according to the company.

ASHA launches Senior Living Hall of Fame, inducts six

The American Seniors Housing Association launched a new Senior Living Hall of Fame and inducted six industry veterans at its annual meeting.

PETA's claws come out over Brookdale community's activities

PETA's claws come out over Brookdale community's activities

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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.

25 Brookdale communities earn Energy Star certification

25 Brookdale communities earn Energy Star certification

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.

Facebook nuptials

Facebook nuptials

Visitors to the Brookdale New Braunfels Facebook page on Wednesday were treated to the wedding of residents Ann Hoover and Allen Seelhammer.

High ratings fuel recognition for 1,600 senior living operators

High ratings fuel recognition for 1,600 senior living operators

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SeniorAdvisor.com announced that more than 1,600 senior living communities have been recognized as among the best in the business.

Largest senior living providers in 2017 named by Argentum

Largest senior living providers in 2017 named by Argentum

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This year's list features 115 companies with a total of almost 550,000 independent living, assisted living and memory care units.

267 senior living communities named 'Caring Stars' for 2018

267 senior living communities named 'Caring Stars' for 2018

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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.

Brookdale, Holiday on NHI CEO's 'worry list'

Brookdale, Holiday on NHI CEO's 'worry list'

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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 settlement delays start of former executive at HCP

Welltower settlement delays start of former executive at HCP

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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.

In Focus

May 16

Bringing in the outdoors

Hollidaysburg, PA 

Garvey Manor and Our Lady of the Alleghenies Residence continuing care retirement community recently hosted an outdoor show, "Marching into the Woods."

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