Brookdale Senior Living (NYSE: BKD) has launched an engagement-focused program to complement its growing HealthPlus service line – just one of the ways the company is seeking to maximize profitability in the months and years ahead, according to CEO Cindy Baier. The Brentwood, Tennessee-based company detailed its new program, Engagement …
Brookdale Senior Living (NYSE: BKD) is expanding an engagement-focused program to complement its growing HealthPlus service line – just one of the ways the company is seeking to maximize profitability in the months and years ahead, according to CEO Cindy Baier. The Brentwood, Tennessee-based company detailed its new program, Engagement …
Welltower (NYSE: WELL) has in the last 45 days closed or is under contract on a pipeline of $2 billion, representing 27 transactions, mostly in senior living – a pace that CEO Shankh Mitra said he’s never seen in his almost decade with the company. The transaction volume underscores the …
To say the least, 2024 was a year of change for the senior housing industry. Some of that change came through high-profile transactions that occurred throughout the year. Several of our most-read stories of the year focused on those deals. There were also plenty of personnel changes throughout the year …
This story is part of your SHN+ subscription. Another REIT has joined the RIDEA bandwagon. During a third quarter earnings call on Oct. 29, LTC Properties (NYSE: LTC) CEO Wendy Simpson said she was a “new convert” of the RIDEA operational structure. “For those of you who have followed us …
Welltower (NYSE: WELL) announced $1.2 billion in acquisitions in the third quarter of 2024, bringing its total this year to a “record-setting” $6.1 billion. And the company is still adding to that amount, according to CEO Shankh Mitra. “While 2024 is shaping up to be a record year for Welltower …
A new group of senior living leaders is infusing their companies with new plans and philosophies that will help chart the way forward for the senior living industry’s future health. One can look directly at recent announcements of incoming CEOs or companies making distinct succession plans to see that the …
This story is part of your SHN+ subscription Publicly traded senior living companies are readying vast sums to deploy in new growth ventures in 2024 and beyond. CEOs with companies including Welltower (NYSE: WELL), Ventas (NYSE: VTR) and National Health Investors (NYSE: NHI) laid out their companies’ respective plans and …
This story is part of your SHN+ subscription Last year, operators and properties, particularly in rural and tertiary markets, faced “death spirals” of stagnant occupancy and rising expenses. In 2024, conditions behind that trend have not abated, and some of those properties are now being snatched up by well-capitalized players. …
Earlier this week, Welltower announced an additional $1.1 billion in new investments, primarily in senior housing – but it was another piece of news in the company’s 2Q24 earnings that caught my attention. During the REIT’s call with investors and analysts Tuesday, management revealed that the company has made a …
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