Brookdale finds itself in the midst of another federal inquiry, this time about skilled nursing
By
Lois A. Bowers
May 07, 2024
The country’s largest senior living company on Sunday found itself the subject of an inquiry related to a new federal mandate for minimum staffing at nursing homes. Brookdale Senior Living President...
Senior housing and care acquisitions set record in 2019
By
Lois A. Bowers
Jan 17, 2020
2019 saw a total of 447 deals in the senior housing and care sector, a full-year record and 5% higher than the 2018 total of 426 deals.
Brookdale sale talks end without deal: report
By
Lois A. Bowers
Nov 01, 2017
Negotiations by Chinese real estate development and holding company Zhonghong Zhuoye Group Co Ltd. to purchase Brookdale Senior Living have ended without a deal, according to one account.
Apollo said to be buyer of $428 million Brookdale portfolio from HCP
By
Lois A. Bowers
Jun 25, 2018
Global alternative investment manager Apollo Global Management is the previously unannounced buyer of 22 Brookdale Senior Living communities from real estate investment trust HCP for $428 million, according...
Brookdale Senior Living sells remaining interest in home health, hospice, therapy business, sees $27...
By
Lois A. Bowers
Dec 27, 2023
Brookdale Senior Living has sold the remaining 20% equity interest it held in its Health Care Services unconsolidated venture and received aggregate proceeds of approximately $27 million in the process,...
Hong Kong company gains 5.11% stake in Brookdale Senior Living
By
Lois A. Bowers
Mar 26, 2018
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...
Brookdale’s $4 billion acquisition on hold: report
By
Lois A. Bowers
Aug 07, 2017
Brookdale Senior Living’s talks to be acquired by Beijing-based Zhonghong Zhuoye Group Co. Ltd. have stalled because Chinese regulatory officials are more carefully scrutinizing overseas investments...
Is Brookdale for sale?
By
Lois A. Bowers
Jan 10, 2017
The country’s largest owner and operator of senior living communities is in the early stages of negotiations with Blackstone Group and others to sell all or part of the company, the Wall Street Journal...
Beyond growing pains
By
John O'Connor
Feb 01, 2017
Brookdale had big plans: To become the first senior living operator with a national brand. But a troubled purchase and other headaches keep getting in the way.
Brookdale should manage properties, not own them, shareholder says
By
Lois A. Bowers
Dec 20, 2016
Brookdale Senior Living should sell the real estate it owns, distribute the proceeds to shareholders and convert existing leases to management contracts, an investor recommended in a letter sent to fellow...