HCP - McKnight's Senior Living

HCP

People in the news, May 7

Appointments, promotions and other personnel news at Affinity Living Group, Atlas Senior Living, Benchmark Senior Living, Capitol Seniors Housing, Five Star Senior Living, HCP, Integral Senior Living, LCS, Plante Moran, Porter Hills, Springpoint Senior Living, United Methodist Retirement Communities and Welltower.

Brookdale in ‘seventh inning’ of portfolio pruning, CEO says

Brookdale Senior Living is in the “seventh inning” of trimming the size of its portfolio through community sales and lease terminations, CEO Lucinda “Cindy” Baier said Tuesday on the company’s third-quarter earnings call. She also talked about progress on the company’s turnaround strategy and the outlook for 2019.

Thomas M. Herzog

‘Painful’ Brookdale property transitions, sales help make HCP ‘unrecognizable’ from 2 years ago, REIT CEO says

Greatly reducing the concentration of Brookdale Senior Living properties in its portfolio has been part of a “whirlwind of activity” that has led to HCP being “very unrecognizable from the HCP of just a couple of years ago,” President and CEO Thomas Herzog said Wednesday during the real estate investment trust’s third-quarter earnings call.

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